Teranga keeps costs down, stock rises
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) is showing that when it comes to the gold sector, operational strength is being rewarded.
Financial Matters, M&A
Silver Standard buys Marigold mine for $275M
VANCOUVER — With a $275-million deal to buy the Marigold gold mine in Nevada, Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) will be doubling its production profile, boosting its reserves by 50% and lowering its geopolitical risk.
Osisko-Goldcorp battle turns bitter
VANCOUVER — How quickly relationships between potential partners can sour.
Highland Copper buys Copperwood, builds ‘critical mass’ in Michigan
Just three months after Highland Copper (TSXV: HI; US-OTC: HDRSF) worked out a deal to buy the White Pine copper project in northern Michigan from a subsidiary of First Quantum Minerals (TSX: FM; US-OTC: FQVLF), the Quebec-based company is back…
Editorial: Budget 2014 – Flow-through still flowin’
The steady-as-she goes federal budget tabled by the Conservative government on Feb. 11 drew praise from Canada’s business community, which was satisfied by the status quo being maintained on taxes, and the unofficial achievement of a…
Mark O’Dea’s ‘science of discovery’ at Roundup
VANCOUVER — Over the past decade Mark O’Dea has become one of the strongest members of a new generation of explorers bent on making discoveries and running public mining companies the “right” way.
Editorial: Heenan Bleak-ey
Weep, weep for Canada’s corporate lawyers.
Uranium Participation lands $50M financing
VANCOUVER — Uranium Participation’s (TSX: U) business model is simple: own uranium.
Randgold’s Mark Bristow on mining in Africa
The raw facts of the Randgold Resources (LSE: RRS; NASDAQ: GOLD) story are impressive. It has found five world-class deposits since the company was founded 17 years ago, and all of them are located on big geological anomalies. In every mine…
Macquarie’s musings on M&A, gold in 2014
Analysts in the Toronto, Vancouver and London offices of Macquarie Equities Research are forecasting more consolidation in the mining industry this year, especially amongst producers, and calculate that the average premium paid in 15 mergers…
ITH names new CEO, cuts staff to lower costs
Vancouver-based International Tower Hill Mines (TSX: ITH; NYSE-MKT: THM) is shuffling its senior management while trimming its workforce, to conserve cash while advancing its rather expensive Livengood gold project near Fairbanks,…
Editorial: Takeover bids, real and imagined
It’s been a tough couple of years for the gold-mining industry, so some much-needed comic relief came along at just the right time in mid-January in the form of a purported unsolicited, all-cash, $7.50-per-share bid for U.S. gold miner…