As part of B2Gold’s leadership succession planning, President and CEO Clive Johnson is set to retire at the company’s annual general meeting on June 4. He has served in the roles since B2Gold’s founding in 2007. Johnson led the successful transition and growth of B2Gold from a junior exploration company to a responsible international gold producer, with four operating mines…
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McEwen to acquire Canadian Gold
Gold and silver producer McEwen and Canadian Gold Corp. have entered into a definitive agreement, under which McEwen will acquire all of the issued and outstanding common shares of the Canadian-based exploration company through a statutory plan of arrangement. If the proposed transaction is approved, Canadian Gold will become a wholly-owned subsidiary of McEwen, strengthening the miner’s diversified portfolio with…
Read MoreHeliostar on track to meet projections after reactivating Mexican mine
Heliostar is on track to meet its 2025 production, sales, and cost guidance by restarting its La Colorada gold-silver mine in Sonora, Mexico, in early January. The company reported 9,082 oz of gold equivalent production and 8,034 oz of sales during the first quarter. Sales of 31,000–41,000 oz of gold equivalent are projected for this year. “Q1 2025 was a very strong quarter, the company’s first…
Read MoreOrla Mining closes Gold Standard purchase
Canadian-based Orla Mining has completed the previously announced acquisition of Gold Standard Ventures by way of court-approved plan of arrangement. “The closing of this acquisition marks an important milestone in Orla’s journey in becoming a growth-oriented, low-cost, mid-tier gold producer,” said Jason Simpson, president and chief executive officer of Orla Mining. “We will seek to generate shareholder value through effectively…
Read MoreAlamos Gold starts production at La Yaqui Grande
Alamos Gold has begun initial gold production at its La Yaqui Grande mine in Mexico, following the completion of construction earlier this month – ahead of schedule. The Canadian-based gold producer said a total of 991 ounces of gold were produced from the initial pour. La Yaqui Grande is expected to produce approximately 3,000 oz. in June, which Alamos said…
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