Ely Gold & Minerals Inc

Royalty, streaming companies blossom

When equity and debt markets freeze up, cash-hungry mine developers are forced to find alternate financing options. And that means business is looking good for those in the precious metal streaming and royalty game.Big-time players like Royal…

Sumitomo taking bulk of $37.5M Augusta financing

Vancouver — Augusta Resource (AZC-T, AZC-X) has lined up a $37.5-million financing, with Japanese multinational Sumitomo (SSUMY-O) subscribing to 71% of the non- brokered private placement.

Juniors lifted on speculative tide

Generally bullish commodity news and a surging gold price kept things rosy for the juniors during the report period Sept. 13-19. The TSX Venture Index closed at 2,069.80 on Sept. 19, a gain of 71.64 p…

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