Financial Matters, M&A

A worker at the Canadian Malartic mine in Quebec. Credit: Canadian Malartic Partnership

Commodities Markets, Financial Matters, M&A December 3, 2014

Grant Thornton: M&A should double in value in 2014

Mergers and acquisitions (M&A) in the mining sector should double in value this year compared to 2013, were deal volumes fell short of $90 billion, according to a new report by Grant Thornton.

Financial Matters, M&A, Stock Markets/Investing December 3, 2014

Fission’s McElroy discusses 2014 progress at PLS

VANCOUVER — Explorer Fission Uranium (TSX: FCU; US-OTC: FCUUF) has been one of the few juniors that has kept a steady drilling rate over the past two years despite tough capital markets. The company’s Patterson Lake South (PLS)…

The central pit at Nevsun Resources' Bisha copper-gold mine in Eritrea, 150 km west of Asmara. Credit: Nevsun ResourcesNevsun Resources

Financial Matters, M&A, Regulatory Issues, Stock Markets/Investing November 26, 2014

Nevsun deals with human rights lawsuit, takeover rumours

VANCOUVER — Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is facing a lawsuit in the B.C. Supreme Court alleging it was complicit in the use of forced labour by local contractors at its Bisha copper-gold operation in Eritrea in East Africa….

Financial Matters, M&A, Stock Markets/Investing November 19, 2014

Sean Roosen on Osisko’s new plan, Virginia deal

VANCOUVER — It’s been a wild year for Sean Roosen and his team at Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF), but now that the dust has settled the company looks poised to become a major player in the royalty and…

Financial Matters, M&A, Stock Markets/Investing November 19, 2014

US stocks march up, Nov. 10-14

U.S. equities are up for the fourth straight week. The Dow Jones Industrial Average advanced 60.81 points to 17,634.74, while the S&P 500 Index rose 7.9 points to a record high of 2,039.82. The Nasdaq Composite Index climbed 56.01 points to…

AngloGold Ashanti's aging Obuasi gold mine in Ghana. Credit: AngloGold Ashanti

Financial Matters, M&A, Stock Markets/Investing November 12, 2014

AngloGold considers asset sales to pay down debt

VANCOUVER — Volatile gold markets have shifted the goal posts for miners, and South Africa’s AngloGold Ashanti (NYSE: AU) has responded by streamlining operations and getting a better grasp on its balance sheet. The company has…

Agnico Eagle Mines and Yamana Gold's Canadian Malartic gold mine in Quebec. Osisko Gold Royalties holds a 5% net smelter return royalty on the mine. Credit: Agnico Eagle Mines

Financial Matters, M&A November 12, 2014

Osisko Gold Royalties comes out strong

VANCOUVER — Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF) is one to watch in the realm of corporate finance. The company is a spin-out from Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Yamana Gold’s (TSX: YRI; NYSE: AUY)…

Bayfield Ventures' vice-president of exploration Bob Marvin (left) and project geologist Shane Hu examine core at the Burns Block gold project in Ontario. Credit: Bayfield Ventures

Financial Matters, M&A, Stock Markets/Investing November 12, 2014

New Gold sets stage for Rainy River mine with Bayfield deal

VANCOUVER — New Gold (TSX: NGD; NYSE-MKT: NGD) executive chairman Randall Oliphant recently reiterated the fact that its Rainy River gold asset — located 65 km northwest of Fort Frances, Ont. — is a “priority development…

The Twin Metals Minnesota copper-nickel-cobalt-platinum-palladium-gold-silver project in northeastern Minnesota. Credit: Duluth Metals

Financial Matters, M&A, Stock Markets/Investing November 5, 2014

Antofagasta to buy Duluth Metals

VANCOUVER — Chilean copper miner Antofagasta (LSE: ANTO; US-OTC: ANFGY) and Toronto-based explorer Duluth Metals (TSX: DM; US-OTC: DULMF) are joint-venture partners in the Twin Metals Minnesota…

Drill rigs at the Malku Khota silver-indium in Bolivia before the project was expropriated by the Bolivian government in August 2012. TriMetals Mining is pursuing compensation via international arbitration. Credit: TriMetals Mining

Financial Matters, M&A, Regulatory Issues October 22, 2014

Gold Reserve wins US$740M in ‘stunning victory’ against Venezuela

It’s taken six years and over US$20 million in legal costs, but Gold Reserve (TSX: GRZ; US-OTC: GDRZF) has won US$740.3 million in compensation for the expropriation of its Brisas gold project by the Venezuelan government. It’s one…

Drillers at an Orbis Gold drill site in Burkina Faso. Credit: Orbis Gold

Financial Matters, M&A October 16, 2014

Semafo amends bid for Orbis Gold

Semafo (TSX: SMF) has amended its bid for 100% of Orbis Gold (ASX: OBS) to A$0.65 per share from its proposal on Oct. 12 of between A$0.62 and A$0.65 per share in a deal now worth A$163.9 million (US$143 million).