Odin Mining to buy Ecuador Gold and Copper
In a friendly all-share deal that knits together assets in southern Ecuador, Odin Mining and Exploration (TSXV: ODN), a junior that counts mining entrepreneur Ross Beaty as its largest shareholder,…
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Cameco CEO Gitzel laments ‘toughest market in the last decade’
VANCOUVER — Despite a renaissance in some subsectors of the mining industry — predominantly precious metals — Canadian uranium leader Cameco (TSX: CCO; NYSE: CCJ) is feeling the pain. The nuclear…
Silver Wheaton paying US$800M to raise Salobo gold stream to 75%
Silver Wheaton (TSX: SLW; NYSE: SLW) is offering a subsidiary of Vale (NYSE: VALE) US$800 million to buy another 25% gold stream from the Salobo copper-gold mine in Brazil. Vancouver-based…
The Northern Miner podcast – episode 23: Dog days of summer
Western Editor Matthew Keevil hosts a height-of-summer episode highlighted by a busy earning season. We dig into results from Barrick Gold (TSX: ABX; NYSE: ABX), Agnico Eagle Mines (TSX: AEM;…
TSX Venture rises, July 25-29
The S&P/TSX Venture Composite Index jumped 26.2 points, or 3.4%, to a 796.17-point close, while spot gold prices gained US$28.55, or 2.2%, to US$1,351.28 per oz. gold. Comex copper edged…
TSX stays flat, July 25–29
The S&P/TSX Composite Index stayed relatively flat at 14,582.74. The benchmark index increased 3.7% in July, marking its best month since March. The S&P/TSX Capped Diversified Metals & Mining Index…
US equities end lower, July 25-29
U.S. markets ended lower during the last week of July. The Dow Jones Industrial Average shed 0.8% to finish at 18,432.24 and the S&P 500 Index slipped 0.07% to 2,173.60….
Downie’s Premier Gold to buy Mercedes in Mexico for US$140M
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has offered to buy Yamana Gold’s (TSX: YRI; NYSE: AUY) Mercedes mine in Mexico’s Sonora state for US$140 million, in a move that…
Gold majors deliver Q2 results
Many companies published their second-quarter earnings on July 27, including gold miners Barrick Gold (TSX: ABX; NYSE: ABX), Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Goldcorp (TSX: G; NYSE: GG)…
Yukon Premier supports mines
DAWSON CITY, YUKON — Lining the quartz-gravel roads of Yukon’s Dawson City, the commercial hub of the legendary Klondike placer goldfields, are a number of derelict buildings that once gave…
Maritime offers streaming royalty to investors
Maritime Resources (TSXV: MAE) has gotten inventive with its financings to help advance its 100%-held Green Bay gold property in Newfoundland and Labrador. The junior has offered a streaming royalty as…
Treasury Metals to acquire Goldeye
Treasury Metals (TSX: TML) and Goldeye Explorations (TSXV: GGY) are planning to combine forces in an all-share deal that would give Treasury another significant gold project in northern Ontario. Treasury…