Orla secures financing for Camino Rojo in Mexico
Orla Mining (TSX: OLA) has reached an agreement with Trinity Capital Partners for a project finance facility of up to US$125 million to build its first mine — the Camino…
Agnico Eagle Mines
President of Mexico says ‘no new mining concessions’
Global mining companies operating in Mexico are working with the country’s mining chamber, Camimex, to determine the impact of Mexico’s President Andres Manuel Lopez Obrador’s statement earlier this month that…
Monarques Gold bets big on Quebec
It has a market capitalization of just $40.8 million, but Monarques Gold (TSXV: MQR; US-OTC: MRQRF) has a lot going on across its 300 sq. km of gold properties in…
Western Atlas Resources founder and CEO boosts stake in company
President and CEO Fabio Capponi of Western Atlas Resources (TSXV: WA) has increased his stake in the company to 23.37%, or 13.67 million common shares. The junior exploration company with…
Orla Mining drills Cerro Quema in Panama
With shareholders like Goldcorp (19.9%), Pierre Lassonde (11.1%) and Agnico Eagle Mines (9.9%), Orla Mining (TSXV: OLA) isn’t your typical TSX Venture Exchange-listed junior. Management and insiders own another 7.1%…
Osisko Mining builds critical mass in Quebec
In the first five months of the year, Osisko Mining (TSX: OSK) released resource estimates for two projects in Quebec while keeping in step with an ambitious drill program that…
Agnico Eagle slashes stake in Belo Sun Mining
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has sold 44.6 million common shares in Belo Sun Mining (TSX: BSX), slashing its stake in the company from 19.14% to 9.57%. The…
TSX posts modest gains, March 5-9
Canada’s benchmark index rose 1.25% to 5,577.81 during a largely stagnant trading week. The S&P/TSX Global Mining Index fell 0.35% to 70.33 and the S&P/TSX Global Gold Index fell 0.75%…
Site visit: Maple Gold takes fresh look at Douay
AMOS, QUEBEC — Over the last four decades, a series of owners have carved out a resource of nearly three million ounces of gold below the 30 metres of overburden…
Renaud Adams invests in Radisson Mining
Veteran miner Renaud Adams, who recently sold Richmont Mines to Alamos Gold (TSX: AGI; NYSE: AGI) in a deal valued at about US$770 million, is investing in Radisson Mining Resources…
Candelaria Mining dodges politics at Caballo Blanco in Mexico
After acquiring the Caballo Blanco project in the Mexican state of Veracruz a little more than a year ago, Candelaria Mining (TSXV: CAND) prepared a new environmental impact assessment (MIA)…
Paulson & Co. aim to stop ‘serial value destruction’
An analysis of 13 of the largest publicly listed gold companies shows that total shareholder returns have been “dreadful” since 2010 and management must be made accountable, Marcelo Kim, a…