Fortuna Mining has approved a 30% capacity expansion at the Séguéla gold mine in Côte d'Ivoire, supporting its goal to reach an annual production of 500,000 ounces by 2028. Meanwhile, Equinox Gold and Orla Mining completed a business combination to create a senior gold producer with an expected annual output of 1.1 million ounces. Additionally, Nevada Gold Mines, a joint venture between Barrick Gold and Newmont, acquired four exploration projects from Ridgeline Minerals for a total of US$23.15 million.
Shares soared in after-hours trading following the company's unveiling of three new initiatives to integrate AI into educational services.
Read the full storyThe energy storage firm expands its footprint in the AI infrastructure boom with a massive power solutions agreement in Texas.
Nevada Gold Mines, a JV between Barrick and Newmont, completed an all-cash acquisition of four gold exploration projects in Nevada.
The combined entity expects annual production of 1.1 million ounces with a growth path toward 1.9 million ounces.
The expansion in Côte d'Ivoire supports the company's strategic goal to reach 500,000 ounces of annual gold production by 2028.