heap leach

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]

Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) has entered an agreement to acquire Ensign Minerals Inc., enhancing its asset base with the addition of the Mercur Gold Project in Utah. This strategic acquisition, valued at C$21.9 million, is set to increase Revival Gold’s production capabilities to approximately 150,000 ounces of gold annually, propelling it towards becoming a mid-tier heap leach gold producer in the US. The transaction includes a concurrent financing of C$7 million to support ongoing development and exploration efforts, emphasizing Revival Gold’s commitment to growth and operational efficiency. [more]