gold exploration

SSR Mining (TSX: SSRM | NASDAQ: SSRM) has agreed to acquire Roxmore Resources (TSX: RM) for US$464 million in cash, adding the Converse gold project in Nevada, six kilometers from its Marigold Complex. The project contains 5.2 million ounces of Indicated and Inferred gold resources, with annual production projected at 150,000 to 170,000 ounces beginning in 2033. SSR Mining estimates initial capital costs of US$800 million to US$900 million and at least US$200 million in life-of-mine synergies. The transaction, expected to close in late 2026, strengthens SSR Mining’s US production platform and expands its long-term gold development pipeline. [more]

Artemis Gold (TSXV: ARTG) has agreed to acquire Vista Gold (TSX: VGZ | NYSE American: VGZ) in a US$427 million share transaction, adding the advanced-stage Mt Todd gold project in Australia’s Northern Territory. The project contains 5.2 million ounces of Proven and Probable gold reserves and 9.1 million ounces of Measured and Indicated resources. The acquisition values Vista Gold at approximately US$73 per ounce of reserves and supports Artemis Gold’s longer-term objective of exceeding one million ounces of annual gold production. The transaction offers Vista Gold shareholders a 25% premium and is expected to close in early 2027. [more]