Detour set to make Canadian gold mining history
The landscape around this town is prototypical of northeastern Ontario: a flat horizon dense with coniferous trees, broken here and there by a still, black lake.
Franco-Nevada Corporation
Rival royalty firms to merge (December 14, 2010)
Franco-Nevada (FNV-T), the world’s largest resource royalty company with interests in gold, oil and gas, is beefing up its precious metals portfolio through a friendly takeover of Gold Wheaton Gold Corp. (GLW-T), a royalty company set up just…
Taseko secures US$350m from gold off-take at Prosperity
Vancouver – Taseko Mines (TKO-T, TGB-X) has signed a gold-stream agreement with Franco-Nevada (FNV-T) that wil…
Royalty companies trumpet their low-cost model
Managing a royalty company these days is like running a MASH unit, Douglas Silver, chairman and chief executive of International Royalty Corp. (IRC-T, ROY-x) told analysts and investors at the recent …
Newmont reports Q4 loss
The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N) posted a net loss of US$1.9 billion (negative US$4.17 per share) in the year to Dec. 31, 2007, compared with net income of US$79…