Suppliers news: Superior Industries buys Miramichi based MFE Manufacturing
Superior Industries, a U.S.-based manufacturer and supplier of bulk material processing and handling systems, has acquired Miramichi-based MFE Manufacturing.
Financial Matters, M&A
Newmarket Gold’s dream team aims to consolidate industry
VANCOUVER — If past success is an indicator for future prosperity, Newmarket Gold (TSXV: NGN) could very well be on its way to the top. The company’s board and management roster includes a variety of industry heavy hitters with…
PearTree helps industry give back via charity flow-through
VANCOUVER — It’s not too often that a capital financing structure can be described as a true win-win situation. PearTree Financial has come close, however, with its innovative flow-through donation program, which helps mining…
TMAC targets production at Hope Bay in late 2016
A recent prefeasibility study shows privately held firm TMAC Resources’ Hope Bay gold project in Nunavut has what it takes to be a low-cost, long-life underground operation, with first production starting as early as 2016.
Northern Empire rises again with an eye on Alaskan gold
VANCOUVER — The management team at Northern Empire Resources (TSXV: NM; US-OTC: PSPGF) believe it’s an opportune time to get back into the project-generation game, and that the early stage Richardson gold project in Alaska’s…
Diamond stocks stronger than ever: analyst Des Kilalea
Fresh off RBC Capital Markets’ 8th annual diamond conference, held in March in Toronto, Diamonds in Canada interviewed RBC mining analyst Des Kilalea in late March. Kilalea discussed the state…
Dominion delivers
Despite a softening in rough diamond prices, Dominion Diamond (TSX: DDC; NYSE: DDC) generated significant free cash flow in fiscal 2015 — paving the way for the company’s first dividend…
Kivalliq, Roughrider see promise outside the Athabasca
VANCOUVER — Excitement is building over uranium deposits outside the prolific Athabasca basin. And joint-venture partners Kivalliq Energy (TSXV: KIV; US-OTC: KVLQF) and Roughrider Exploration (TSXV: REL) are hoping to add to a growing…
Yamana aims to expand Canadian footprint with $17.5M bid for Mega Precious
VANCOUVER — Producer Yamana Gold (TSX: YRI; NYSE: AUY) is hoping to step up its presence in Canada with a $17.5-million cash and share agreement for explorer Mega Precious Metals (TSXV: MGP) and its 338 sq. km Monument Bay gold-tungsten…
Editorial: Not all pleased with Ring of Fire sale
The final week of April saw the closing of Noront Resources’ acquisition of Cliffs Natural Resources’ chromite assets in northern Ontario’s Ring of Fire region. The deal saw a last-minute bump-up in the price to US$27.5…
Cameco’s Gitzel: Indian supply deal a ‘foot in the door’
VANCOUVER — Canada and India heralded a new era of economic cooperation on April 15 when the countries announced a uranium trade agreement wherein Canadian producer Cameco (TSX: CCO; NYSE: CCJ) will fuel growing Indian power needs over…
Collapsing under debt, NA Palladium seeks a buyer
North American Palladium (TSX: PDL; US-OTC: PALDF) is facing the consequences of a potential loan default, which could transfer 98% of the company and ownership of the Lac des Îles (LDI) palladium mine, near Thunder Bay, Ont., to its…