Canada


QMX Gold's past-producing Snow Lake gold mine in Manitoba, which Hudbay Minerals has agreed to buy for $12.3 million in cash and a conditional $5-million payment.   Credit: QMX Gold

Hudbay picks up QMX Gold’s Snow Lake mine

The opportunity to acquire the past-producing Snow Lake gold mine and mill in Manitoba from financially strapped QMX Gold (TSXV: QMX) emerged a couple of months ago, Hudbay Minerals (TSX: HBM; NYSE: HBM) has confirmed, but says “there is…











The Young-Davidson gold mine in northern Ontario's Abitibi greenstone belt. Source: Alamos Gold.

Alamos, AuRico unveil US$1.5B ‘merger of equals’

VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUQ; NYSE: AUQ) have apparently been in an on-again, off-again courtship for years, but on April 13 the companies decided to tie the knot amidst a rising tide of merger…


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