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🟡 MGX Acquires Stake in High-Grade NT Gold Project
MGX Resources has completed the acquisition of a 50% interest in one of Australia’s highest-grade undeveloped gold projects — the Central Tanami Gold Project in the Northern Territory. The move positions MGX to advance development in a prolific gold region.
Key Highlights
Project size: 2,100 km² tenements in a historically gold-rich area
Deal value: ~AU$50 million from Northern Star Resources
Regulatory: FIRB approval secured for acquisition
Infrastructure: Includes processing facilities, roads, and camp accommodations
Next steps: MGX plans exploration, development planning, and permits toward production
Expert Insight
High-grade undeveloped assets like Tanami attract strong investor interest, especially amid gold market strength and rising demand for secure, high-yield resources.
#MiningNews #MGXResources #TanamiProject #NorthernTerritory #InvestorAlert $XAG $XAU $PAXG
MGX Resources has completed the acquisition of a 50% interest in one of Australia’s highest-grade undeveloped gold projects — the Central Tanami Gold Project in the Northern Territory. The move positions MGX to advance development in a prolific gold region.
Key Highlights
Project size: 2,100 km² tenements in a historically gold-rich area
Deal value: ~AU$50 million from Northern Star Resources
Regulatory: FIRB approval secured for acquisition
Infrastructure: Includes processing facilities, roads, and camp accommodations
Next steps: MGX plans exploration, development planning, and permits toward production
Expert Insight
High-grade undeveloped assets like Tanami attract strong investor interest, especially amid gold market strength and rising demand for secure, high-yield resources.
#MiningNews #MGXResources #TanamiProject #NorthernTerritory #InvestorAlert $XAG $XAU $PAXG
🪙 Eldorado Gold to Acquire Foran Mining in C$3.8 Billion Deal
Eldorado Gold Corp. has agreed to purchase Canada’s Foran Mining Corp. in a C$3.8 billion (≈US $2.8 bn) all‑share transaction that would create a larger, diversified gold‑and‑copper mining firm with near‑term production growth.
Key Facts:
• Deal values Foran at approximately C$3.8 billion and involves an exchange of 0.1128 Eldorado shares + C$0.01 in cash per Foran share.
• Post‑deal ownership is expected to be ~76 % Eldorado / ~24 % Foran.
• Combined portfolio will include Eldorado’s Skouries (Greece) and Foran’s McIlvenna Bay (Saskatchewan) projects — both on track for mid‑2026 commercial production.
• The merged entity could produce 900,000 gold‑equivalent ounces and generate **$2.1 bn EBITDA / $1.5 bn free cash flow** in 2027.
Expert Insight:
Management frames the transaction as a strategic step to build a sector‑leading gold‑copper producer with diversified assets, stronger cash flow, and exploration upside, bolstering both near‑term production and long‑term growth potential.
#MiningMergers #EldoradoGold #ForanMining #GoldCopper #MiningNews $XAG $XAU $PAXG
Eldorado Gold Corp. has agreed to purchase Canada’s Foran Mining Corp. in a C$3.8 billion (≈US $2.8 bn) all‑share transaction that would create a larger, diversified gold‑and‑copper mining firm with near‑term production growth.
Key Facts:
• Deal values Foran at approximately C$3.8 billion and involves an exchange of 0.1128 Eldorado shares + C$0.01 in cash per Foran share.
• Post‑deal ownership is expected to be ~76 % Eldorado / ~24 % Foran.
• Combined portfolio will include Eldorado’s Skouries (Greece) and Foran’s McIlvenna Bay (Saskatchewan) projects — both on track for mid‑2026 commercial production.
• The merged entity could produce 900,000 gold‑equivalent ounces and generate **$2.1 bn EBITDA / $1.5 bn free cash flow** in 2027.
Expert Insight:
Management frames the transaction as a strategic step to build a sector‑leading gold‑copper producer with diversified assets, stronger cash flow, and exploration upside, bolstering both near‑term production and long‑term growth potential.
#MiningMergers #EldoradoGold #ForanMining #GoldCopper #MiningNews $XAG $XAU $PAXG
🪙 Nevada King Finds Shallow Gold at Atlanta Project
Nevada King Gold reported near-surface oxide gold-silver mineralization from new drilling at its past-producing Atlanta mine in Nevada, triggering a 13% jump in its share price.
Key Facts:
• Hole B25-101 cut 14.6m @ 0.8 g/t gold + 20.28 g/t silver from just 7m depth at Silver Park East
• Drilling expanded the main zone footprint to about 300m × 500m, with mineralization also found 350m south of the core target
• Analysts see satellite pit potential of 150,000–250,000 ounces, supporting a larger-scale system
Expert Insight:
Shallow oxide mineralization improves early mining economics and strengthens the case that Silver Park East is part of a much larger gold system linked to the main Atlanta resource.
#GoldExploration #NevadaKing #MiningNews #JuniorMiners #Gold $XAG $PAXG $XAU
Nevada King Gold reported near-surface oxide gold-silver mineralization from new drilling at its past-producing Atlanta mine in Nevada, triggering a 13% jump in its share price.
Key Facts:
• Hole B25-101 cut 14.6m @ 0.8 g/t gold + 20.28 g/t silver from just 7m depth at Silver Park East
• Drilling expanded the main zone footprint to about 300m × 500m, with mineralization also found 350m south of the core target
• Analysts see satellite pit potential of 150,000–250,000 ounces, supporting a larger-scale system
Expert Insight:
Shallow oxide mineralization improves early mining economics and strengthens the case that Silver Park East is part of a much larger gold system linked to the main Atlanta resource.
#GoldExploration #NevadaKing #MiningNews #JuniorMiners #Gold $XAG $PAXG $XAU
📉 The Fall of a Giant: How Russia’s Largest Miner BitRiver Collapsed
From high-profile partnerships with Binance and Gazprom to total silence and criminal charges — the BitRiver era has officially come to an end.
What’s the latest?
On January 31, 2026, a Moscow court placed BitRiver founder Igor Runets under house arrest. He is accused of concealing assets to evade tax payments (Art. 199.2 of the Russian Criminal Code).
The Timeline of the Collapse:
❌ 2022 Sanctions: After being blacklisted by the US, the company’s international business evaporated. Major partners, including Japan's SBI Crypto, cut ties immediately.
⚖️ Legal Battles: By 2024, the company was buried in lawsuits. En+ Group structures successfully sued BitRiver for over 1 billion rubles, leading to the seizure of key assets.
🔌 The "Blackout": By the end of 2025, BitRiver effectively vanished. Their website is offline, communications have ceased, and numerous clients are filing claims over "missing" mining equipment.
Once the "poster child" of Russian industrial mining, BitRiver is now a cautionary tale of how sanctions and legal mismanagement can take down even the biggest market players.
Market Lesson: Massive power capacity and government ties aren't enough to survive if you can't navigate the legal and geopolitical minefield.
#BitRiver #CryptoMining #Russia #BitcoinMining #MiningNews $BTC
From high-profile partnerships with Binance and Gazprom to total silence and criminal charges — the BitRiver era has officially come to an end.
What’s the latest?
On January 31, 2026, a Moscow court placed BitRiver founder Igor Runets under house arrest. He is accused of concealing assets to evade tax payments (Art. 199.2 of the Russian Criminal Code).
The Timeline of the Collapse:
❌ 2022 Sanctions: After being blacklisted by the US, the company’s international business evaporated. Major partners, including Japan's SBI Crypto, cut ties immediately.
⚖️ Legal Battles: By 2024, the company was buried in lawsuits. En+ Group structures successfully sued BitRiver for over 1 billion rubles, leading to the seizure of key assets.
🔌 The "Blackout": By the end of 2025, BitRiver effectively vanished. Their website is offline, communications have ceased, and numerous clients are filing claims over "missing" mining equipment.
Once the "poster child" of Russian industrial mining, BitRiver is now a cautionary tale of how sanctions and legal mismanagement can take down even the biggest market players.
Market Lesson: Massive power capacity and government ties aren't enough to survive if you can't navigate the legal and geopolitical minefield.
#BitRiver #CryptoMining #Russia #BitcoinMining #MiningNews $BTC
⛏️ Madagascar Lifts 16-Year Mining Permit Freeze — Gold Still Excluded
Madagascar has ended a 16-year freeze on issuing new mining permits for most minerals, aiming to attract investment and boost the economy. However, the ban on gold mining permits remains, citing regulatory challenges with artisanal and informal operations.
Key Facts:
Mining permits for nickel, cobalt, graphite, and other minerals now open
Gold mining licenses remain suspended due to monitoring concerns
Policy change expected to encourage foreign investment and formalize operations
The move could impact global mineral supply chains, especially in strategic metals
Expert Insight:
While gold remains off-limits, reopening Madagascar’s mining sector signals a broader push to attract investment in critical minerals, potentially creating opportunities for tokenized commodities and blockchain-based supply tracking.
#Madagascar #MiningNews #Minerals #GoldBan #InvestmentOpportunity $XAG $XAU $PAXG
Madagascar has ended a 16-year freeze on issuing new mining permits for most minerals, aiming to attract investment and boost the economy. However, the ban on gold mining permits remains, citing regulatory challenges with artisanal and informal operations.
Key Facts:
Mining permits for nickel, cobalt, graphite, and other minerals now open
Gold mining licenses remain suspended due to monitoring concerns
Policy change expected to encourage foreign investment and formalize operations
The move could impact global mineral supply chains, especially in strategic metals
Expert Insight:
While gold remains off-limits, reopening Madagascar’s mining sector signals a broader push to attract investment in critical minerals, potentially creating opportunities for tokenized commodities and blockchain-based supply tracking.
#Madagascar #MiningNews #Minerals #GoldBan #InvestmentOpportunity $XAG $XAU $PAXG
🚨Unbelievable! Solo Miner Scores $373K in Block Rewards!
A solo Bitcoin miner just struck it big, earning a massive $373,000 in rewards! While massive mining farms usually dominate the scene, this win proves solo miners still have a shot — it’s like uncovering gold in a mountain of stone.
With Bitcoin’s mining difficulty at all-time highs, solo wins are incredibly rare. But this miner, using the Solo CK pool, pulled off the near-impossible. And it's not an isolated event — similar solo wins also occurred earlier this year in February and July.
These moments highlight the core of Bitcoin’s decentralized nature. Despite a mining landscape crowded by corporate giants, individual effort — paired with a bit of luck — can still lead to life-changing rewards.
Ever tried your hand at crypto mining?
Follow @Professor Mende – Bonuz Ecosystem Founder for more insights!
#CryptoMining #BitcoinMining #MiningNews #CryptoUpdate #BTC
A solo Bitcoin miner just struck it big, earning a massive $373,000 in rewards! While massive mining farms usually dominate the scene, this win proves solo miners still have a shot — it’s like uncovering gold in a mountain of stone.
With Bitcoin’s mining difficulty at all-time highs, solo wins are incredibly rare. But this miner, using the Solo CK pool, pulled off the near-impossible. And it's not an isolated event — similar solo wins also occurred earlier this year in February and July.
These moments highlight the core of Bitcoin’s decentralized nature. Despite a mining landscape crowded by corporate giants, individual effort — paired with a bit of luck — can still lead to life-changing rewards.
Ever tried your hand at crypto mining?
Follow @Professor Mende – Bonuz Ecosystem Founder for more insights!
#CryptoMining #BitcoinMining #MiningNews #CryptoUpdate #BTC
🚨 Gold Mining Spotlight – Q3 2025
🏭 Newmont Corporation: Gold production fell 15% to 1.42M oz, but profits beat expectations thanks to record-high gold prices of $3,539/oz. ⚠️ Watch out for potential Q4 cash flow pressures due to water treatment and Newcrest acquisition costs ($17.14B).
💪 Perseus Mining: Strong Q1 performance across Yaouré, Edikan, & Sissingué. Focusing on high-margin ops & strategic growth projects. Future looks bright! 🌟
💰 Magnetic Resources: Launching a 9-year standalone gold project with 1.02M oz capacity. NPV A$970M, IRR 45% at A$4,000/oz. Secured Native Title Agreement & completed $35M capital raise for drilling & feasibility. 🚀
#GOLD #MiningNews $PAXG $DOGE $SOL
🏭 Newmont Corporation: Gold production fell 15% to 1.42M oz, but profits beat expectations thanks to record-high gold prices of $3,539/oz. ⚠️ Watch out for potential Q4 cash flow pressures due to water treatment and Newcrest acquisition costs ($17.14B).
💪 Perseus Mining: Strong Q1 performance across Yaouré, Edikan, & Sissingué. Focusing on high-margin ops & strategic growth projects. Future looks bright! 🌟
💰 Magnetic Resources: Launching a 9-year standalone gold project with 1.02M oz capacity. NPV A$970M, IRR 45% at A$4,000/oz. Secured Native Title Agreement & completed $35M capital raise for drilling & feasibility. 🚀
#GOLD #MiningNews $PAXG $DOGE $SOL
🔥 Saudi Arabia Just Shocked the Metals Market 🔥
Saudi Arabia has officially confirmed one of the biggest multi-metal discoveries of the decade… and it’s not just one or two metals.
Deep in Najran, geologists uncovered an estimated 11 million tonnes of gold, copper, zinc, and silver.
Not one metal.
Not two.
A full-spectrum treasure that can shift markets, industries, and even geopolitics. 🌍💰
This isn’t just a discovery.
It’s a turning point… and the world is watching. 👀✨
#SaudiArabia #Gold #Silver #MiningNews #MarketTrends
$BTC
Saudi Arabia has officially confirmed one of the biggest multi-metal discoveries of the decade… and it’s not just one or two metals.
Deep in Najran, geologists uncovered an estimated 11 million tonnes of gold, copper, zinc, and silver.
Not one metal.
Not two.
A full-spectrum treasure that can shift markets, industries, and even geopolitics. 🌍💰
This isn’t just a discovery.
It’s a turning point… and the world is watching. 👀✨
#SaudiArabia #Gold #Silver #MiningNews #MarketTrends
$BTC
Breaking: Geologists have uncovered an astonishing discovery — thousands of tonnes of gold located over 1,900 metres above sea level.
According to recent studies, this gold was originally deposited billions of years ago by ancient river systems and later thrust to high altitudes by massive tectonic movements. If fully confirmed, this could completely transform how scientists and miners hunt for major gold reserves.
Traditionally, the largest finds were expected deep underground or in low-lying riverbeds, but this discovery suggests mountain regions could be the next hotspot for gold exploration. A true potential game-changer for the global gold industry.
#GoldDiscovery #MiningNews $PAXG #Write2Earn
According to recent studies, this gold was originally deposited billions of years ago by ancient river systems and later thrust to high altitudes by massive tectonic movements. If fully confirmed, this could completely transform how scientists and miners hunt for major gold reserves.
Traditionally, the largest finds were expected deep underground or in low-lying riverbeds, but this discovery suggests mountain regions could be the next hotspot for gold exploration. A true potential game-changer for the global gold industry.
#GoldDiscovery #MiningNews $PAXG #Write2Earn
🚨 BREAKING — A High-Altitude Gold Shock Just Hit the Geological World 🌩️🥂
A new geological report is sending waves through the mining community — scientists say ancient rock formations sitting more than 1,900 metres above sea level may be hiding “thousands of tonnes” of gold.
And here’s the wild part:
This isn’t magmatic gold.
This is ancient river gold — deposited billions of years ago, later lifted sky-high by massive tectonic shifts.
If these estimates hold up, this could be one of the largest natural gold discoveries ever found at high altitude, and it flips the old rulebook on its head.
For decades, experts believed the biggest gold reserves lived deep underground or in low-lying ancient riverbeds. But now?
🌄 Mountain regions might become the next gold-rush frontier.
Markets took notice too:
$PAXG → 4,206.84 (-0.44%)
$PALU → +21.11%
$PAL → +1.97%
This story is still unfolding — but it’s already one of the most exciting geological shocks of the year.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources
A new geological report is sending waves through the mining community — scientists say ancient rock formations sitting more than 1,900 metres above sea level may be hiding “thousands of tonnes” of gold.
And here’s the wild part:
This isn’t magmatic gold.
This is ancient river gold — deposited billions of years ago, later lifted sky-high by massive tectonic shifts.
If these estimates hold up, this could be one of the largest natural gold discoveries ever found at high altitude, and it flips the old rulebook on its head.
For decades, experts believed the biggest gold reserves lived deep underground or in low-lying ancient riverbeds. But now?
🌄 Mountain regions might become the next gold-rush frontier.
Markets took notice too:
$PAXG → 4,206.84 (-0.44%)
$PALU → +21.11%
$PAL → +1.97%
This story is still unfolding — but it’s already one of the most exciting geological shocks of the year.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources
Breaking — Massive Gold Deposits Found at Over 1,900 Metres Altitude
A recent geological study suggests that ancient rock formations, now more than 1,900 metres above sea level, could contain “thousands of tonnes” of gold, originally deposited billions of years ago by ancient river systems. If confirmed, this could change how we understand the formation and location of large gold reserves.
The gold appears to come from ancient river sediments, not volcanic or magmatic activity, later concentrated and uplifted by tectonic movements. Current estimates indicate this could be one of the largest high-altitude gold deposits ever recorded.
Experts say these findings may open new possibilities for gold exploration, as traditional models focused almost exclusively on low-lying or deep underground ore bodies. If verified, mountainous regions previously thought unlikely for gold mining could become the next frontier in resource discovery.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources $PAXG
The gold appears to come from ancient river sediments, not volcanic or magmatic activity, later concentrated and uplifted by tectonic movements. Current estimates indicate this could be one of the largest high-altitude gold deposits ever recorded.
Experts say these findings may open new possibilities for gold exploration, as traditional models focused almost exclusively on low-lying or deep underground ore bodies. If verified, mountainous regions previously thought unlikely for gold mining could become the next frontier in resource discovery.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources $PAXG
🚨 BREAKING — GOLD ALERT! 🚨
Thousands of tonnes of gold reportedly found 1,900m above sea level 🏔️💰
Ancient rivers may have deposited it billions of years ago, now concentrated by tectonic shifts. If confirmed, this could rewrite how we understand gold reserves.
High-altitude gold = new frontier for exploration 🌟
Deep underground? Old news. The mountains might be the next gold rush.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources $PAXG
Thousands of tonnes of gold reportedly found 1,900m above sea level 🏔️💰
Ancient rivers may have deposited it billions of years ago, now concentrated by tectonic shifts. If confirmed, this could rewrite how we understand gold reserves.
High-altitude gold = new frontier for exploration 🌟
Deep underground? Old news. The mountains might be the next gold rush.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources $PAXG
BREAKING — A High-Altitude Gold Shock Just Rocked the Geological Community 🌩️🥂
A brand-new geological report is sending shockwaves through the mining world: researchers now believe ancient rock formations perched more than 1,900 metres above sea level could be concealing “thousands of tonnes” of gold.
And here’s the jaw-dropper:
This isn’t magmatic gold at all.
It’s ancient river gold — sediments laid down billions of years ago and later hoisted skyward by colossal tectonic forces.
If the estimates are confirmed, this would rank among the largest high-altitude gold discoveries ever recorded — rewriting long-held assumptions about where major deposits can form.
For decades, geologists assumed the richest gold sources would be buried deep underground or tucked inside low-lying paleo-river systems. But now?
🌄 Mountain belts could be the next major gold-rush frontier.
Markets responded fast:
$PAXG → 4,206.84 (-0.44%)
$PALU → +21.11%
$PAL → +1.97%
This story is still developing — but it’s already shaping up to be one of the year’s most electrifying geological surprises.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources
A brand-new geological report is sending shockwaves through the mining world: researchers now believe ancient rock formations perched more than 1,900 metres above sea level could be concealing “thousands of tonnes” of gold.
And here’s the jaw-dropper:
This isn’t magmatic gold at all.
It’s ancient river gold — sediments laid down billions of years ago and later hoisted skyward by colossal tectonic forces.
If the estimates are confirmed, this would rank among the largest high-altitude gold discoveries ever recorded — rewriting long-held assumptions about where major deposits can form.
For decades, geologists assumed the richest gold sources would be buried deep underground or tucked inside low-lying paleo-river systems. But now?
🌄 Mountain belts could be the next major gold-rush frontier.
Markets responded fast:
$PAXG → 4,206.84 (-0.44%)
$PALU → +21.11%
$PAL → +1.97%
This story is still developing — but it’s already shaping up to be one of the year’s most electrifying geological surprises.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources
🚨 Breaking — Thousands of tonnes of gold reportedly found at over 1,900 metres above sea level⭐🌟😘😋🥹🥲😜🤩😱
A recent geological report claims that ancient rock formations — now elevated more than 1,900 metres above sea level — house “thousands of tonnes” of gold, deposited billions of years ago by primordial river systems. If verified, this could re-define our understanding of how and where large gold reserves form.
The gold is believed to originate from ancient river sedimentation — not magmatic processes — concentrated and later uplifted through tectonic shifts.
Estimates suggest the amounts could reach “thousands of tonnes,” making it one of the most significant natural gold deposits ever identified at high altitude.
Scientists argue that these high-altitude discoveries open new frontiers for gold exploration, as previous models focused almost exclusively on deeper, low-lying ore bodies.
If confirmed, this discovery challenges the orthodox view that the largest gold reserves are only found deep underground or in low-lying ancient riverbeds. High-altitude mountainous regions, long regarded as unlikely, might now emerge as the next frontier of “gold ru🇧🇲🇦🇨🇩🇬🇬🇧❤️🧡sh”-era exploration.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources $PAXG
A recent geological report claims that ancient rock formations — now elevated more than 1,900 metres above sea level — house “thousands of tonnes” of gold, deposited billions of years ago by primordial river systems. If verified, this could re-define our understanding of how and where large gold reserves form.
The gold is believed to originate from ancient river sedimentation — not magmatic processes — concentrated and later uplifted through tectonic shifts.
Estimates suggest the amounts could reach “thousands of tonnes,” making it one of the most significant natural gold deposits ever identified at high altitude.
Scientists argue that these high-altitude discoveries open new frontiers for gold exploration, as previous models focused almost exclusively on deeper, low-lying ore bodies.
If confirmed, this discovery challenges the orthodox view that the largest gold reserves are only found deep underground or in low-lying ancient riverbeds. High-altitude mountainous regions, long regarded as unlikely, might now emerge as the next frontier of “gold ru🇧🇲🇦🇨🇩🇬🇬🇧❤️🧡sh”-era exploration.
#GoldDiscovery #AncientGold #MiningNews #NaturalResources $PAXG
🔥 GOLD DISCOVERY SHOCK! 🔥
Scientists just reported “thousands of tonnes” of gold sitting 1,900+ metres above sea level — in ancient rocks uplifted over billions of years.
If verified, this could rewrite global mining history:
✨ High-altitude regions may hold massive gold reserves
✨ Ancient river sediments — not deep-earth magma — may be the real gold factories
✨ A NEW era of exploration could be starting
This isn’t just a discovery…
👉 It’s a potential global gold rush trigger.
Stay ready — markets will react if this gets confirmed.
$PAXG #GoldDiscovery #MiningNews #NaturalResources
Scientists just reported “thousands of tonnes” of gold sitting 1,900+ metres above sea level — in ancient rocks uplifted over billions of years.
If verified, this could rewrite global mining history:
✨ High-altitude regions may hold massive gold reserves
✨ Ancient river sediments — not deep-earth magma — may be the real gold factories
✨ A NEW era of exploration could be starting
This isn’t just a discovery…
👉 It’s a potential global gold rush trigger.
Stay ready — markets will react if this gets confirmed.
$PAXG #GoldDiscovery #MiningNews #NaturalResources
🟡 Equinox Gold Sells Brazil Operations for $1B to Chinese Miner.
Canada-based Equinox Gold has agreed to sell its Brazil mining operations in a major $1 billion deal, marking a strategic shift toward North American growth and balance-sheet strengthening.
💰 Deal Value: Up to US$1.015 billion, including US$900M cash at closing and up to US$115M contingent payment.
🏭 Assets Sold: Aurizona Mine, RDM Mine, and Bahia Complex in Brazil.
🇨🇳 Buyer: Chinese mining giant CMOC Group, expanding its gold portfolio.
📉 Equinox plans to reduce debt and strengthen liquidity.
🌎 Company will refocus on core North American assets.
🕒 Transaction expected to close in Q1 2026, pending approvals.
The sale highlights ongoing consolidation in the gold mining sector as producers streamline portfolios amid elevated gold prices.
#EquinoxGold #MergersAndAcquisitions #commodities #MiningNews #GoldMarket
$PAXG
Canada-based Equinox Gold has agreed to sell its Brazil mining operations in a major $1 billion deal, marking a strategic shift toward North American growth and balance-sheet strengthening.
💰 Deal Value: Up to US$1.015 billion, including US$900M cash at closing and up to US$115M contingent payment.
🏭 Assets Sold: Aurizona Mine, RDM Mine, and Bahia Complex in Brazil.
🇨🇳 Buyer: Chinese mining giant CMOC Group, expanding its gold portfolio.
📉 Equinox plans to reduce debt and strengthen liquidity.
🌎 Company will refocus on core North American assets.
🕒 Transaction expected to close in Q1 2026, pending approvals.
The sale highlights ongoing consolidation in the gold mining sector as producers streamline portfolios amid elevated gold prices.
#EquinoxGold #MergersAndAcquisitions #commodities #MiningNews #GoldMarket
$PAXG
🚨 BREAKING: GHANA CRACKS DOWN 🚨
Ghana's government has enacted a total ban on all mining activities within its forest reserves! 🚫🌲
Why? To curb severe environmental damage and rampant illegal small-scale mining ("galamsey") that is destroying cocoa farms and rivers.
This is a major #ESG and regulatory shift impacting the global #Gold market. Expect ripples in regional supply and increased scrutiny on sustainable practices. 🌍⛏️
#Ghana #MiningNews #Sustainability #AfricaBusiness #GoldMining $PAXG
Ghana's government has enacted a total ban on all mining activities within its forest reserves! 🚫🌲
Why? To curb severe environmental damage and rampant illegal small-scale mining ("galamsey") that is destroying cocoa farms and rivers.
This is a major #ESG and regulatory shift impacting the global #Gold market. Expect ripples in regional supply and increased scrutiny on sustainable practices. 🌍⛏️
#Ghana #MiningNews #Sustainability #AfricaBusiness #GoldMining $PAXG
Pacgold to Reboot SA White Dam Gold Mine — First Gold Pour Targeted for 2026
Pacgold Limited has begun mobilizing equipment and restarting operations at its White Dam gold project in South Australia, with preparations underway for full-scale heap leaching and a first gold pour expected in 2026 after recent regulatory approvals.
The company received final approvals to restart irrigation and fill its newly lined gold-pregnant leach solution pond at White Dam.
Heavy equipment is turning over existing heap leach material to expose remaining gold for processing, with assays from ongoing drilling expected in mid-January.
White Dam has a proven production history and remaining resource, while Pacgold plans to use early cash flow to support exploration at its other projects in Queensland.
With gold prices strong and infrastructure already in place, the restart at White Dam could provide near-term production and cash flow ahead of expanded drilling and resource upgrades — a strategic pivot for Pacgold from explorer toward producer.
#Pacgold #WhiteDam #WhiteDam #GoldProduction2026 #MiningNews
$XAU $PAXG
Pacgold Limited has begun mobilizing equipment and restarting operations at its White Dam gold project in South Australia, with preparations underway for full-scale heap leaching and a first gold pour expected in 2026 after recent regulatory approvals.
The company received final approvals to restart irrigation and fill its newly lined gold-pregnant leach solution pond at White Dam.
Heavy equipment is turning over existing heap leach material to expose remaining gold for processing, with assays from ongoing drilling expected in mid-January.
White Dam has a proven production history and remaining resource, while Pacgold plans to use early cash flow to support exploration at its other projects in Queensland.
With gold prices strong and infrastructure already in place, the restart at White Dam could provide near-term production and cash flow ahead of expanded drilling and resource upgrades — a strategic pivot for Pacgold from explorer toward producer.
#Pacgold #WhiteDam #WhiteDam #GoldProduction2026 #MiningNews
$XAU $PAXG
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