A subsidiary of Robert Friedland-backed Ivanhoe Electric (TSX:IE) will bank US$100 million ($156.3 million) from the sale of the remaining 50% stake in the Alacrán Copper Project in Colombia. Ivanhoe Electric’s 63% owned subsidiary Cordoba Minerals (TSX-V:CDB) has signed a definitive framework agreement with a consortium of investors including JCHX Mining Management, a 19.8% shareholder […]
Canadian gold producer Agnico Eagle Mines (TSX:AEM) has agreed to inject C$63.4 million ($69.5 million) into Colombia-focused Collective Mining (TSX:CNL) for a 15% stake. The C$75.7 billion Agnico Eagle is subscribing for 4.7 million shares at C$11 each, providing C$52.2 million of the total, in a non-brokered private placement. The major will also exercise all […]