Newcrest to acquire Pretium Resources in $2.8 billion deal
Mining News Pro - Australia’s Newcrest Mining has entered into an agreement to acquire all outstanding common shares of Pretium Resources it does not already own in a deal that values the Canadian miner at $2.8 billion.
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Pretium Resources makes new discovery around Brucejack
Mining News Pro - Pretium Resources has made a new high-grade gold exploration discovery at the Golden Marmot Zone on its Brucejack property in British Columbia, Canada, located roughly 3.5km north of its Valley of the Kings deposit.
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Pretium Resources makes new discovery around Brucejack
Mining News Pro - Pretium Resources has made a new high-grade gold exploration discovery at the Golden Marmot Zone on its Brucejack property in British Columbia, Canada, located roughly 3.5km north of its Valley of the Kings deposit.
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Pretium on track to achieve guidance
Mining News Pro - Pretium Resources said on Friday it is on track to achieve its yearly guidance, despite the near five-week covid-19 outbreak that occurred at its Brucejack mine in British Columbia in February.
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Pretium reports fatality at Brucejack mine
Mining News Pro - An incident took place last Friday at Pretium Resources’ Brucejack mine near Stewart, British Columbia, leading to the death of one worker, the company reported over the weekend.
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Pretium reports Q1 profit at Brucejack
Mining News Pro - Pretium Resources announced adjusted earnings of $25.9 million, or 14 cents per share, in Q1 2020 up from $16.5 million, or 9 cents, in the same period of 2019.
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Pretium lowers Valley of the Kings reserve grade
Mining News Pro - Pretium Resources has released updated resources and reserves for the Valley of the Kings zone at the Brucejack mine as well as an updated life of mine plan. Most notable is the 36% drop in the reserve grade for this zone down to 8.8 g/t gold, versus the prior estimate of 13.8 g/t.
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Pretium’s production outlook for Brucejack drops, so does stock
Mining News Pro - Pretium Resources reported its 2019 results and production outlook for 2020 on Wednesday, revealing that it expects to produce 325,000 to 365,000 oz. gold a year while it mines the Valley of the Kings zone, a significant drop from the 525,000 oz. long-term output rate forecast last year.
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Viceroy says it`s shorting Canadian miner Pretium Resources
Mining News Pro - Viceroy Research said it’s shorting Pretium Resources, arguing the company has artificially inflated the value of its Canadian gold mine, which risks being taken over by creditors in coming months.
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Pretium Resources grows cash by $72 million, produces 111,340 ounces of gold
Mining News Pro - Pretium Resources (TSE:PVG) produced 111,340 ounces of gold and generated revenue of $146.5 million during its second quarter, which was announced yesterday.
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