Frederic Tomesco
- Indexed articles, last 90 days
- 15
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- Oct 1, 2026
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- Jul 6, 2026
Latest articles
Mayfair lines up $310M for Ontario gold project - The Northern Miner (opens the original)
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Posted By: FREDERIC TOMESCO October 1, 2026 Mayfair Gold (TSXV: MFG; NYSE-A: MINE) has reached a preliminary financing agreement with Australia’s Macquarie Bank for up to $310 million (US$218 million) to help develop its Fenn-Gib gold project in Ontario, bringing the company closer to its planned transition from explorer to producer. The stock jumped. The proposed package includes a $300-million project loan and a $10-million equity investment by Macquarie, Mayfair said Thursday in a statement.
Arizona Gold finds high-grade zones at main project - The Northern Miner (opens the original)
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Posted By: FREDERIC TOMESCO September 30, 2026 New drilling by Arizona Gold & Silver (TSXV: AZS; US-OTC: AZASF) at its Philadelphia project in Arizona has encountered high-grade zones that extend gold mineralization below the Red Hills target. Hole PC26-173 cut 7 metres grading 4.24 grams gold per tonne and 15.2 grams silver from 456 metres depth, within a broader 44-metre interval grading 1.48 grams gold and 7.2 grams silver from about 446 metres downhole, Arizona Gold said Wednesday in a state
Northern Star rejects uninvited A$38.7B Gold Fields bid - The Northern Miner (opens the original)
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Posted By: FREDERIC TOMESCO September 28, 2026 Northern Star Resources (ASX: NST) has rejected an unsolicited A$38.7-billion ($27.2-billion) takeover proposal from Gold Fields (JSE, NYSE: GFI), saying the bid materially undervalues the embattled Australian gold producer and fails to reflect the quality of its assets The indicative proposal, received on Sept. 14, would have seen Northern Star shareholders receive 0.3125 new Gold Fields share plus A$7.25 in cash for each Northern Star share they h
Lundin Gold hits record 1035 g in Ecuador - The Northern Miner (opens the original)
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Posted By: FREDERIC TOMESCO September 25, 2026 New drilling by Lundin Gold (TSX: LUG; US-OTC: LUGDF) at its Fruta del Norte property in Ecuador improves the odds that the mine’s operating life can be lengthened. Hole BLP-2026-483-D2 at the Bonza Sur target cut 5.5 metres of 13.75 grams gold and 50.8 grams silver per tonne from 715 metres depth, including a bonanza interval of 3.2 metres grading 23.21 grams gold and 76.93 grams silver from 718 metres, Lundin Gold said late Thursday in a statement
Higher Santa Cruz costs weigh on Ivanhoe Electric - The Northern Miner (opens the original)
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Posted By: FREDERIC TOMESCO September 23, 2026 A new prefeasibility study (PFS) shows Ivanhoe Electric’s (NYSE, TSX: IE) Santa Cruz copper project in Arizona has become more expensive to build while its economics improved modestly. The stock dropped. Pre-production capital has risen to $1.43 billion (C$2 billion) from $1.24 billion a year ago, a 15% increase, while the project’s net present value (NPV) climbed to $1.5 billion from $1.4 billion despite the use of a higher copper price. Santa Cruz
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