Signs of life in the junior market
After surviving a moribund market, junior miners can look forward to a less stressful 2013, says John Gravelle, mining leader for the Americas at PwC.
Franco-Nevada Corporation
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T, LSG-X) has completed a $90-million public offering to strengthen its balance sheet, which was previously in “bad shape,” Haywood Securities analyst Kerry Smith says.
Inmet bids for Petaquilla
In what looks like a move to tidy up the neighbourhood, Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash or equity. Petaquilla operates the Molejon gold mine in Panama, adjacent to Inmet’s Cobre…
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T) has completed a $90-million public offering to strengthen its balance sheet, which was in “bad shape” even after closing several other financings this year, says Haywood Securities’…
Petaquilla soars on Inmet’s takeover offer
Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash and equity, which operates the Molejon gold mine adjacent to its Cobre Panama copper-gold project in Panama.
Franco-Nevada, Inmet sign Cobre Panama deal
Inmet Mining (IMN-T) has closed a financing deal with streaming and royalty company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion. It’s a bid to cover a funding shortfall at Inmet’s US$6.2-billion Cobre Panama copper-gold…
Inmet, Franco-Nevada ink Cobre Panama deal
VANCOUVER — In a highly-anticipated move, base-metal producer Inmet Mining (IMN-T) has closed a financing deal with streaming company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion in a bid to cover a funding shortfall at its…
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…
Foran jumps into action in Saskatchewan
Foran Mining (FOM-V) is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in Saskatchewan, west of Flin Flon, Man.
Sandstorm Gold a rising star in commodity-stream financing
Sandstorm Gold (SSL-V) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm took the idea of…
U.S. markets edge slightly lower, Mar. 19-23
The Dow Jones Industrial Average and the S&P 500 index lost some ground during the Mar. 19-23 trading week. The Dow was down 1.15% to 13,080.73 and the S&P posted its second negative week so far this year falling 0.50% at 1,397.11. It…
Sandstorm a rising star in commodity-stream financing
Vancouver — Sandstorm Gold (SSL-T) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm…