Barrick moves towards leaner structure
VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and…
Financial Matters, M&A
PotashCorp aims to regain market influence with K+S bid
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer…
Carlisle CEO says Lynn Lake is a ‘project for our times’
VANCOUVER — The exploration game is afoot for Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) across its expansive land package at the Lynn Lake gold camp in Manitoba. The company never lacked drill targets or historic data on the 350 sq….
Corvus CEO sees exploration upside at North Bullfrog
VANCOUVER — Corvus Gold (TSX: KOR) hit a milestone with the release of a preliminary economic assessment (PEA) on its 75 sq. km North Bullfrog gold-silver project 10 km north of Beatty, Nev. The study has intriguing economics, but CEO…
Facts ‘n’ Figures: Mine finance off to ‘poor start’ in 2015, SNL finds
SNL Metals & Mining has carried out some valuable number crunching on mine financing by regions from 2013 through the first quarter of 2015 that shows miners are off to a “poor start” in 2015, though Canadian companies and projects are…
Great Panther defies low silver prices and eyes growth
VANCOUVER — Despite a rough three-year run in precious metal prices, Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) is flying high on the back of a stellar first quarter and a pair of acquisitions that appear to cement a promising project…
Abitibi Royalties harnesses Internet for royalty searches
Two months ago, Ian Ball, the president of Abitibi Royalties (TSXV: RZZ; US-OTC: ATBYF), called up the CEO of a junior exploration company, who had staked ground with interesting mineralization, 1.6 km away from Barrick Gold’s Cortez gold…
West Kirkland CEO talks development plans at Hasbrouck
VANCOUVER — The path to production is coming into focus for West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) at its Hasbrouck gold project near the town of Tonopah, Nev. The company is hoping to use a two-stage development strategy that…
Oban Mining makes splash with plan for five-firm combo
Six years ago, John Burzynski, along with colleagues Sean Roosen and Robert Wares, won The Northern Miner’s Mining Persons of the Year award for their role in transforming Osisko Mining (TSX: OSK; US-OTC: OSKFF) from a junior — with…
Newmont bulks up US presence via Colorado acquisition
VANCOUVER — Denver- based Newmont Mining (NYSE: NEM) has been on the lookout for low-cost gold mines in favourable jurisdictions, and there likely isn’t a friendlier place for the company than its home state of Colorado. On June 8…
Evrim sees opportunity amid struggling markets
VANCOUVER — For project generator Evrim Resources (TSXV: EVM; US-OTC: EMRRF) the ongoing down swing in commodity markets provides an opportunity to pick up previously unobtainable projects with promising exploration histories.
OceanaGold fires on all cylinders
There aren’t many companies in the mining sector these days that can pay off large chunks of debt from operating cash flow and embark on sizable acquisitions at the same time. But OceanaGold (TSX: OGC) is one of them.