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.
Financial Matters, M&A
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…
UPDATE: Chinese firm retracts takeover bid for Allied Nevada Gold
A private Chinese exploration and development company that claims to own three gold mines in China valued at about US$15 billion and also operates assets in the rare earths sector has retracted a press release issued this morning stating…
Sherritt sells all its coal mines to Westmoreland, Altius
Sherritt International (TSX: S) is firming up its balance sheet and putting itself in a position to take advantage of perceived low prices for non-coal mining assets.
Guest editorial: A heap of trouble for the junior sector
A pillar of the Toronto mining community, Ed Thompson kicked off the new year by resigning from his many directorships in junior mining companies. As he tells The Northern Miner, part of the reason for doing so all at once was that he was…
Marlin Gold and GoGold Resources covet Santa Gertrudis
The Santa Gertrudis gold project — 180 km north of Hermosillo, in Mexico’s Sonora state — was discovered by Phelps Dodge in 1986 and advanced to open-pit, heap-leach production in 1991.
Interview: Fission’s Ross McElroy on the PLS uranium discovery
Last week, we awarded our “Mining Persons of the Year” for 2013 to Fission Uranium (TSXV-FCU) president and COO Ross McElroy and chairman and CEO Dev Randhawa. This week we interview McElroy, and next week, Randhawa, on their careers, Fission…