OceanaGold (TSX: OGC; ASX: OGC) is offering to buy Romarco Minerals (TSX: R) in a friendly all-share, $856-million deal to secure low-cost growth in the form of the junior’s Haile gold mine, which is under construction in South Carolina.
Despite poor economic data and lower oil prices, the S&P/TSX Composite Index rose nearly 2% to finish July at 14,468.44. The S&P/TSX Global Mining Index climbed 1.1% to 53.17, while the S&P/TSX Capped Diversified Metals & Mining…
Canada’s gross domestic product shrank 0.1% in January compared with a 0.3% rise in December, but the drop was less than some economists had anticipated, and the country’s benchmark index gained 1.5% to finish at 15,026.62. (Markets…
VANCOUVER — Developer Romarco Minerals (TSX: R; US-OTC: RTRAF) believes it can set a positive example for others looking to permit new gold mines in the southern U.S.
A rebound in oil prices and news the U.S. Federal Reserve would take a patient approach to hiking interest rates helped Canada’s benchmark index achieve its best weekly gain in three years. The S&P/TSX Composite Index soared 736.21…
VANCOUVER — The South Carolina Department of Health and Environment Control (SCDHEC) has received a request for review of the mine operating permit for Romarco Minerals’ (TSX: R) proposed Haile gold mine. The review filed by the…
The S&P/TSX Composite Index gained for the fourth straight week, up 77.51 points to close at 14,690.83. Gold and diversified miners both added 10 points, with the S&P/TSX Global Gold Index ending at 144.86 and the S&P/TSX Capped…
The S&P/TSX Composite Index gained 188.47 points to close the trading week at 15,455.04. The S&P/TSX Capped Diversified Metals & Mining Index advanced 32.39 points to 924.02, while the S&P/TSX Global Gold Index stayed relatively…
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.
SAN LUIS POTOSI, MEXICO — Cylindrical brick stacks poking out of the barren hillsides can be seen from miles away. But curiously, they don’t attach at the base to any grand warehouse or factory.
Cylindrical brick stacks poking out of the barren hill sides can be seen from miles away. But curiously, they don’t attach at the base to any grand warehouse or factory.
VANCOUVER — A new resource estimate for the Back Forty poly-metallic project in Michigan’s Upper Peninsula has boosted the deposit’s metal grades. But despite the improvement, no work is underway at the site because project…
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