Minvest Partners finds niche in advanced exploration assets
Valuations in the mining sector have sunk low enough to attract value-oriented private equity funds, including big generalist firms Apollo Global Management, Carlyle Group and KKR & Co.
Articles by Northern Miner Staff
Canada Lithium and Sirocco to merge
A merger between Canada Lithium (TSX: CLQ; US-OTC: CLQMF) and Sirocco Mining (TSXV: SIM; US-OTC: ATAAF) would make the combined entity one of just two public companies that produce iodine and lithium, the companies say.
Western Pacific partners with Quintana at Deer Trail
VANCOUVER — In November Western Pacific Resources (TSXV: WRP) was forced to extend its purchase agreement at the historic Deer Lake polymetallic mine, located 266 km southwest of Salt Lake City, Utah. But with a new strategic partner…
TNM’s 2013 Mining Persons of the Year: Fission’s Ross McElroy and Dev Randhawa
Since the days of the Manhattan project, there have been three conventional rules for finding uranium mineralization in Saskatchewan: it occurs in the Athabasca basin, usually in the lowest sandstone unit that’s in contact with the…
Commentary: Bill 70 brings some certainty to Quebec
On Dec. 9, 2013, legislators in Quebec agreed to adopt Bill 70, which will reform Quebec’s Mining Act, RSQ, c. M-13.1, thus settling months of negotiations and uncertainty on the matter.
Commentary: Global mining M&A and investment in 2013
Like in any industry, supply-demand imbalances in mining products are at the root of dramatic price fluctuations and market upheavals. This is what has been happening in the mining industry in 2013: market imbalances have led to rock bottom…
Conflict at Buritica leaves two artisanal miners dead
Building a commercial-scale mine in Colombia is no small task.
Asanko takes a second go at PMI
In a friendly all-share deal valued at $183 million, Asanko Gold (TSX: AKG; NYSE-MKT: AKG) plans to take over PMI Gold (TSX: PMV; ASX: PVM; US-OTC: PMVGF) to create an emerging mid-tier gold producer.
International Millennium, Elephant Copper to merge
Vancouver-based International Millennium Mining (TSXV: IMI), which has exploration properties in B.C. and Nevada, is adding ground to its portfolio in Africa through a planned merger with a slightly larger private company called Elephant Copper.
Silvercorp short-seller calls BCSC allegations false
Vancouver hedge-fund executive and owner of the Alfred Little financial blog, Jon Richard Carnes, has lashed out at the British Columbia Securities Commission after it accused him of fraud, calling the allegations “false and without…
[Update] Colossus proposes costly debt-equity deal to stay alive, then Arias cancels deal
VANCOUVER – Colossus Minerals (TSX: CSI) has spent the last six-plus years bringing the historic Serra Pelada gold-platinum-palladium project in Brazil to the brink of production. It has worked alongside a consortium representing tens of…
Record Chinese demand could fuel optimism around gold price
News that the Federal Reserve was tapering its bond buyback program was just the signal that gold bears were looking for.