Goldcorp (TSX: G; NYSE: GG) has sweetened its hostile takeover bid for Osisko Mining (TSX: OSK; US-OTC: OSKFF) to $7.65 per share, or $3.6 billion, topping a friendly $3.4 billion deal made by Yamana Gold (TSX: YRI; NYSE: AUY).
Primero Mining (TSX: P; NYSE: PPP) is adopting the turnaround strategy it used at its San Dimas underground gold–silver mine in Mexico to its recently acquired Black Fox gold mine near Timmins, Ont., where it aims for another success…
The S&P/TSX Venture Composite Index bounced back during the trading sessions after seven days in the red, as it closed up 1.8%, or 17.41 points, en route to a 1,007.16-point weekly close. Markets were buoyed by rising precious metal prices,…
Mosaic’s (NYSE: MOS) decision to lay off 51 workers across its potash division in Saskatchewan — or just under 2% of its workforce in the province in Western Canada — is not as dramatic as Potash Corp. of Saskatchewan’s…
When David Wiley took the helm at Merc International Minerals in August 2010, the company had one small property in the Indin Lake greenstone belt in the Northwest Territories, 200 km north of Yellowknife.
VANCOUVER — The Taconite project feasibility study is complete, which means that in four months project-owner New Millennium Iron (TSX: NML) should know whether joint-venture partner Tata Steel will turn the Labrador Trough iron-ore…
When it comes to finding ways to raise money in today’s beaten down junior financing market, Lake Victoria Mining (US-OTC: LVCA) seems to have taken the task to a whole new level.
MAYO, YUKON — To prospectors, Yukon and gold are almost synonymous, an equivalence the territory earned by churning out 20 million oz. placer gold. It is odd to think, then, that Yukon has never been home to a significant hard-rock gold…
A little over a year ago, TerraX Minerals (TSXV: TXR; US-OTC: TRXXF) acquired the Northbelt gold property, just north of the past-producing Giant mine and 15 km north of the city of Yellowknife in Canada’s Northwest Territories.
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) has drilled the best intercept to date at its Patterson Lake South (PLS) project in Saskatchewan — again.
Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is building an open-pit mine in April at its Broken Hammer copper–platinum group metal project in Sudbury, Ont., and says production should start in June. Total capex is $1 million.
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is almost finished a 60,000-metre infill drilling program at its Hardrock deposit in the Geraldton–Beardmore district of northern Ontario, and it’s on track to incorporate the…
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