CIBC analysts ponder Detour Gold suitors
Shares of Detour Gold (TSX: DGC) jumped nearly 12% yesterday on disclosure from one of the company’s largest institutional shareholders, Paulson & Co., that a potential acquirer is interested in…
Fast News
De Beers bids $107M for Peregrine
De Beers has tabled a friendly bid for Peregrine Diamonds (TSX: PGD; US-OTC: PGDIF) of 24¢ in cash per share that values the Canadian diamond exploration company at $107 million….
Moneta extends mineralization at Golden Highway near Timmins
Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) has identified a new mineralized shoot and two new veins at the South West deposit of its Golden Highway gold project, 110 km…
US Dept. of Commerce launches investigation of uranium imports
If the U.S. Trump administration extends its trade war to uranium it would be bullish for equities with U.S.-based assets, Haywood Securities commented in a uranium sector update. U.S. Commerce…
Avino sees copper output rise, silver-gold decline in Q2
Vancouver-based junior miner Avino Silver & Gold Mines (TSX: ASM; NYSE-AM: ASM) had a mixed second quarter of production at its Avino property in Mexico’s Durango state, with copper production…
Kerr funds Copperstone gold mine revival with US$27.6M financing
Kerr Mines (TSX: KER; US-OTC: KERMF) has agreed to a US$27.6 million prepaid forward gold financing with Pandion Mine Finance to fund its past producing Copperstone gold mine in Arizona…
Equinox Gold sells Koricancha mill, completes Castle PFS
Equinox Gold (TSXV: EQX; US-OTC: EQXGF) is selling its Koricancha mill in Peru to Inca One Gold (TSXV: IO) in a $16.3 million cash and share deal. The mill is about…