Flush with US$750 million in cash from the sale to Minera Frisco (MSNFY-O) of its Ocampo mine and adjacent exploration projects Venus and Los Jarros in Mexico’s Chihuahua state and its 50% interest in Orion, an advanced exploration…
VANCOUVER — Toronto-based gold producer Primero Mining (P-T, PPP-N) has waded into the merger-and-acquisition waters with a definitive agreement to acquire Australian explorer Cerro Resources (CJO-V, CJO-A) in an all-stock deal worth…
Mergers and acquisitions are heating up in the mining-friendly province of Ontario, with Iamgold’s (IMG-T) acquisition in June of Trelawney Mining and Exploration and the proposed friendly takeover of Queenston Mining (QMI-T) by Osisko…
Mergers and acquisitions are heating up in the mining-friendly province of Ontario with Iamgold’s (IMG-T) acquisition in June of Trelawney Mining and Exploration and the proposed friendly takeover of Queenston Mining (QMI-T) by Osisko…
It’s not every day that a primary silver deposit is found at the side of a road.
While many market watchers see depressed mining equities as an opportunity for more mergers and acquisitions, miners with hoards of cash are turning away from acquisitions, preferring to return capital to investors.
Investors took a dismal view of the global economy and their mood took a toll on Canadian markets as the TSX Composite index fell 169 points to finish the holiday shortened Oct. 9-12 period at 12,202 points.
While many market watchers see the depressed state of mining equities as a historic opportunity for increased M&A activity, some miners with hoards of cash are actually turning away from acquisitions, preferring to focus on returning…
The industry expected big things from Toronto-based Primero Mining (P-T, PPP-N) when it acquired the San Dimas gold-silver mine in Mexico for US$500 million from Goldcorp (G-T, GG-N) just over two years ago. But things did not always go…
After months of waiting, GoGold Resources (GGD-V) has wrapped up its acquisition of Absolute Gold Holdings and is once again actively trading on the TSX Venture Exchange.GoGold first announced the all-share take-over of Absolute in late March,…
VANCOUVER — The industry expected big things from Toronto-based Primero Mining (P-T, PPP-N) when it acquired the San Dimas gold-silver mine from major player Goldcorp (G-T, GG-N) just over two years ago to the tune of US$500 million, but…
AuRico Gold (AUQ-T, AUQ-N) has revised its 2012 production guidance after a high turnover of workers at its Ocampo gold-silver mine in Mexico dragged down output in the second quarter.The Toronto-based producer says the shortage of workers at…
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