Goldcorp offers $520M for Kaminak
Goldcorp (TSX: G; NYSE: GG) has offered to buy Kaminak Gold (TSXV: KAM) in a $520-million, all-share deal to get its hands on the junior’s high-grade Coffee gold project in…
Financial Matters, M&A
Commentary: New takeover bid rules take effect in Canada
As of May 9, new takeover bid rules took effect across Canada. These new rules will undoubtedly impact the Canadian mining sector, which accounts for 40% of the number of…
Panel Discussion: Harquail, de Jong, Mell and Wilton talk alternative financing
During the Prospectors & Developers Association of Canada convention in Toronto in March, PearTree Securities sponsored a panel discussion moderated by Anthony Vaccaro, publisher of The Northern Miner, to tackle…
With $19M financing, PE Fund poised to take 63% stake in Rambler Metals
VANCOUVER — CEII Roma, a mining-focused fund based in the Cayman Islands and advised by private equity firm Plinian Capital, is offering to inject a gross £10.5 million ($19.1 million)…
Integra diffuses proxy battle between Columbus, Eastmain
VANCOUVER — Integra Gold (TSXV: ICG; US-OTC: ICGQF) is making a $6-million strategic equity investment for a 9.9% stake in Quebec-focused gold explorer Eastmain Resources (TSX: ER), and is shaking…
Warke discusses NewCastle-Catalyst deal
VANCOUVER — The proposed merger of juniors NewCastle Gold (TSXV: NCA; US-OTC: CTMQF) and Catalyst Copper (TSXV: CCY; US-OTC: CATXF) is small in terms of cash and asset valuation, but the dealmakers see NewCastle’s past-producing Castle Mountain gold…
Proxy battle engulfs Eastmain
VANCOUVER — Eastmain Resources (TSX: ER) is in the midst of a proxy fight, as dissident shareholder and junior explorer Columbus Gold (TSX: CGT; US-OTC: CBGDF) aims to unseat the board…
Timmins Gold CEO works to right the financial ship
VANCOUVER — Mark Backens may not have anticipated finding himself in the driver’s seat at Timmins Gold (TSX: TMM; NYSE-MKT: TGD) when he joined the board of directors 10 months ago, but…
Denison and Friedland’s GoviEx to combine African uranium assets
Denison Mines (TSX: DML; NYSE-MKT: DNN) has taken the final step that will help it focus on its uranium assets in Canada’s Athabasca basin and in particular its flagship Wheeler…
Editorial: Canada suddenly knee-deep in deficits
Well, it wasn’t quite what was billed in the Canadian federal election last October: the first budget tabled by Justin Trudeau’s new government goes easy on the promised infrastructure spending…
Eldorado CEO sees more ‘constructive relationship’ in Greece
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) has been at loggerheads with the Greek government over permits, and the firm’s sociopolitical troubles in the country were a major contributor to a…
CEO interview: Rubicon’s Winship discusses Phoenix error
Michael Winship, a mining engineer, joined the board of Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) in 2011 and was appointed the company’s interim-president and CEO in October 2015. Rubicon started…