Financial Matters, M&A


Gold bars at Lake Shore Gold's Bell Creek mill in Ontario. Credit: Lake Shore Gold

Tahoe bids $945M for Lake Shore Gold

Tahoe Resources (TSX: THO; NYSE: TAHO) is set to buy Toronto-based junior producer Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) in a $945-million, all-share bid, with analysts on both sides of the deal approving.






Teck inks deal with Lorraine Copper

VANCOUVER — It’s been over a decade since Teck Resources (TSX: TCK.B; NYSE: TCK) first optioned the Lorraine copper-gold project in north-central B.C. from Lorraine Copper (TSXV: LCC), but now the major is set to relinquish its 51%…




Rubicon Minerals' shuttered Phoenix gold mine in Red Lake, Ontario. Credit: Rubicon Minerals

Rubicon’s F2 deposit is uneconomic

A revised geological model and updated resource estimate that eviscerates much of the tonnage and grade at Rubicon Minerals’ (TSX: RMX; US-OTC: RBYCF) F2 gold deposit means that more exploration would be needed at depth and along strike…




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