Grenville Thomas takes aim with North Arrow Minerals
He’s been in the business for 56 years. He was integral in developing Canada’s diamond sector. He has been named Prospector of the Year by the Prospectors and Developers Association…
Financial Matters, M&A
Kirkland Lake sells Macassa royalty to Franco-Nevada
VANCOUVER — Royalty and metal streaming agreements have risen to prominence over the past few years, and Ontario-based Kirkland Lake Gold (TSX: KGI; LON: KGI) opted to get in on the action on Oct. 29, when it inked a royalty agreement…
B2Gold makes all-share offer for Volta Resources
VANCOUVER — Shares of Volta Resources (TSE: VTR) doubled on Oct. 28, after the tabling of a friendly, all-share bid from diversified producer B2Gold (TSX: BTO; NYSE-MKT: BTG) values the junior gold explorer at US$63 million.
Editorial: Mexico, the great hope… for higher taxes on mining
If there’s been one consistent refrain in Canadian mining circles this millennium, it’s been mining personnel — from top executives to scruffy field geologists — singing the praises of Mexico and its rich mineral…
Editorial: Canada-EU free trade deal shifts the mining landscape
Canada’s base-metal producers got a lift on Oct. 18 with the announcement of a preliminary free-trade agreement between Canada and the 28-member European Union that promises miners and metal producers a gradual elimination of tariffs on…
Hochschild ties up loose ends with IMZ acquisition
With its proposed acquisition of International Minerals (TSX: IMZ), Hochschild Mining (LSE: HOC; US-OTC: HCHDF) will increase its ownership from 60% to 100% in two of its precious metal assets in southern Peru: the Pallancata…
OceanaGold to buy Pacific Rim
OceanaGold (TSX: OGC; US-OTC: OGDCF) is banking on bringing its recent success in the Philippines to El Salvador.
Gold Fields buys three Barrick mines in the Yilgarn
VANCOUVER — Australia has become Gold Fields’ (NYSE: GFI; JSE: GFI) most important region, expected to produce 42% of its gold now that the company has closed a deal to buy three mines from Barrick Gold (TSX: ABX; NYSE: ABX).
Rockgate cancels Mega merger, stays mum on Denison deal
VANCOUVER — The planned merger between Rockgate Capital (TSX: RGT) and Mega Uranium (TSX: MGA; US-OTC: MGAFF) is off, thanks to a superior offer for Rockgate from Denison Mines (TSX: DML; NYSE-MKT: DNN).
Inova’s board supports Chinese takeover bid
VANCOUVER — Inova Resources (TSX: IVA; ASX: IVA) — the Australian junior formerly named Ivanhoe Australia that is still majority owned by Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) — looks set to be acquired by…
Digging deeper into the Fission-Alpha deal
VANCOUVER — In one of the more prominent junior deals of the year, explorer Fission Uranium (TSXV: FCU; US-OTC: FCUUF) opted in the last few weeks to fork over US$185-million in equity to take over joint-venture partner Alpha…
Anglo American kicks aside Pebble
VANCOUVER — The massive and controversial Pebble copper-gold project in Alaska is solely owned again by junior Northern Dynasty Minerals (TSX: NDM; NYSE-MKT: NAK), now that its joint-venture partner Anglo American (LSE: AAL; US-OTC:…