Altius raises C$182M after royalty buys
Altius Minerals (TSX: ALS; US-OTC: ATUSF) is raising $182 million (US$130 million) through a bought-deal share offering to strengthen its balance sheet following a series of royalty acquisitions. The St….
Royal Gold
Macro forces driving metals jump still intact: Jefferies
Gold’s sharp pullback last week may have handed investors a new entry point into mining equities because wider economic forces driving the recent “metals melt-up” remain intact, Jefferies argues in…
Centerra rises on Mt Milligan copper-gold life boost
Centerra Gold (TSX: CG; NYSE: CGAU) gained the green light to extend operations until 2035 at its Mount Milligan copper-gold mine from British Columbia’s Environmental Assessment Office (EAO). Shares rose….
Centerra soars on Mt Milligan gold-copper plan
Centerra Gold (TSX: CG; NYSE: CGAU) shares jumped to their highest level in more than three years after it released a pre-feasibility study that extended the life of its Mount…
Arizona Sonoran stock soars on royalty trim, support
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) is pressing its Cactus copper project in Arizona toward an updated resource and prefeasibility study (PFS) by year-end while cutting project royalties and…
First Quantum scores $1B Royal Gold streaming deal
Canadian miner First Quantum Minerals (TSX: FM) has secured a $1-billion (C$1.38 billion) gold streaming deal with a subsidiary of Royal Gold (Nasdaq: RGLD), the companies announced Tuesday. The agreement…
Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
Solaris lands $200M from Royal Gold
Canadian mining developer Solaris Resources (TSX: SLS; NYSE: SLSR) has secured a $200-million financing deal from streaming and royalty company Royal Gold (Nasdaq: RGLD) to advance its Warintza copper-gold project…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
Beaver Creek: Wide disconnect between equities and commodity prices offers buying opportunity
The discrepancy between mining company valuations and commodity prices is at its worst levels in decades, the Precious Metals Summit in Colorado heard this week. “This is probably the worst…
Wheaton’s Smallwood sees deal opportunities growing faster than the competition
The opportunity landscape for closing new precious metals streaming deals is growing faster than the competition, Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) CEO Randy Smallwood tells The…
Two charts show why investors are right to love mining streaming companies
Despite keen investor interest, streaming and royalty deals still only make up a fraction of overall debt and equity financing in the mining industry, accounting for just 1%–3% from 2017…