BMO takes a fresh look at single-asset miners
BMO Capital Markets’ research team is shaking things up this new year.
Gold
Rubicon prepares to defend Phoenix in court
The Wabauskang First Nation is getting more forceful in opposing Rubicon Minerals (RMX-T, RBY-X) and its Phoenix gold project in Red Lake, Ont.
Cash-rich AuRico to buy back shares
AuRico Gold (AUQ-T, AUQ-N) is flush with US$750 million in cash after selling Minera Frisco (MSNFY-O) its Ocampo mine and adjacent exploration projects, Venus and Los Jarros, in Mexico’s Chihuahua state, as well as its 50% interest in…
Centerra gets more headaches in Kyrgyzstan, puts more capital into Turkey
Centerra Gold (CG-T) is going all-in on a small Turkish gold project, just as it prepares to endure more tough times at the world-class Kumtor gold mine in Kyrgyzstan. Issues at Kumtor have been ongoing, with talk concerning nationalization of…
Coeur to take 100% of Joaquin
Some mining companies find it tough in Argentina — and particularly in less mining-friendly provinces like Chubut — where the provincial government has proposed higher taxes and royalties. And even in more benign, mining friendly…
Kaminak tallies 3.2M oz. gold in Yukon
The final stretch of 2012 was promising for for shareholders of Vancouver-based explorer Kaminak Gold (KAM-V). The company saw its share price rise 44% since Dec. 10 — jumping 44¢ before closing the week at $1.43 per share. Kaminak…
Belo Sun’s Volta Grande on M&A radar
Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target, as the Toronto-based firm expands and derisks the large gold project in Brazil, analysts say.
South American Silver invests closer to home
After taking a bruising in Bolivia earlier this year when the government revoked its Malku Khota concession, South American Silver (SAC-T, SOHAF-O) is sticking a little closer to home.
BMO takes a fresh look at single asset miners
BMO Capital Markets research team is shaking things up heading into the New Year.
Rubicon prepares to defend Phoenix in court
The Wabauskang First Nation (WFN) is coming after Rubicon Minerals (RMX-T, RBY-N) in a bid to get the government to listen.
John Felderhof’s new life after Bre-X
John Felderhof looks much thinner than when we first met at the Prospectors and Developers Association of Canada convention in 2010.
Groia ground down but defiant after Felderhof’s Bre-X trial
Early in 2012, the Law Society of Upper Canada convicted Toronto securities lawyer Joe Groia of “incivility” during his defense of John Felderhof against quasi-criminal charges laid by the Ontario Securities Commission of insider…