Rio Alto Mining Limited

The Calaorco pit at Tahoe Resources' La Arena gold mine in northern Peru, 480 km northwest of Lima. Credit: Rio Alto Mining.

Tahoe launches friendly bid for Rio Alto Mining

After a brief courtship that started at the Denver Gold Forum in September 2014, Tahoe Resources (TSX: THO; NYSE: TAHO) and Rio Alto Mining (TSX: RIO; NYSE: RIOM) are tying the knot.

Detour Gold's Detour Lake gold mine, 185 km northeast of Cochrane, Ontario.  Credit: Detour Gold

Gold juniors that gained traction in 2014

It was another lacklustre year for gold and gold equities, with the spot price for gold dipping below 2013’s close and down 14% from the high reached in March 2014, to exit the year at US$1,182.90 per oz. Despite that dim backdrop, more…

U.S. equities surge, June 16-20

The U.S. Federal Reserve’s latest suggestion that it would keep interest rates low seemed to outweigh concerns about the renewed turmoil in Iraq, sending the Dow Jones Industrial Average and the S&P 500 Index to record highs. The…

TSX accelerates, May 19-23

Energy and banking stocks helped drive the S&P/TSX Composite Index higher, while Canada’s main stock index also got a lift from reassuring comments mid-week in the U.S. from the Federal Reserve that it remains committed to withdrawing…

The Shahuindo project in Cajabamba, Peru. Credit: Sulliden Gold.

Rio Alto to buy Sulliden Gold for $300M

Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru. 

Rio Alto Mining's La Arena gold mine in Peru, 480 km northwest of Lima.  Credit:  Rio Alto Mining

Rio Alto keeps its profit and cuts costs

Rio Alto Mining (TSX: RIO; NYSE: RIOM) may have missed its earnings estimate, but it still showed the market it could turn a profit in a lean gold-price environment.

U.S. markets, Jan. 13-17

The story south of the border was a bit of a mixed bag as investors bought on positive earnings reports and rising industrial production, but sold on a decline in housing starts.

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