TNM Roundtable: Industry leaders debate strategy
Industry experts weighed in on how companies could best deploy cash at The Northern Miner’s roundtable discussion in Toronto in early April. The roundtable — sponsored by PwC and moderated…
Financial Matters, M&A
PDAC 2017: Ecuador joins IGF, lays out welcome mat for miners
Ecuador’s government expressed its commitment to mining by joining the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) at the recent Prospectors and Developers Association of Canada (PDAC)…
Commentary: Stream financing in uncertain times
Now that mining has once again become one of the hottest sectors of the Canadian stock market, mining companies are reassessing opportunities to expand. Yet there remains some unpredictability surrounding…
Exclusive interview: Lukas Lundin on the state of the mining industry
VANCOUVER — Lukas Lundin, chairman of the Lundin Group of Companies, sat down with The Northern Miner via Skype from Switzerland for an in-depth discussion on the current state of…
Barrick, Goldcorp end 2016 on a strong note
Barrick Gold (TSX: ABX; NYSE: ABX) and Goldcorp (TSX: G; NYSE: GG) — Canada’s top gold companies by market capitalization — have released their fourth-quarter and full-year 2016 results. Here…
Goldcorp drops $35M into Auryn
Goldcorp (TSX: G; NYSE: GG) is taking a 12.5% stake in Auryn Resources (TSX: AUG; US-OTC: GGTCF) for $35 million — a sum that will be used to fund a…
Great Panther to buy Coricancha from Nyrstar
VANCOUVER — Silver miner Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) has struck a deal with Nyrstar to acquire the European smelting giant’s shuttered Coricancha polymetallic mine complex, 90 km…
Barrick taps Cisco for digital reinvention
When it introduced its Mine of the Future program in 2008, Rio Tinto (NYSE: RIO) introduced automated machinery, remote operations centres and data analytics into an industry that has a…
Guyana Goldfields restructures debt to boost financial flexibility
Guyana Goldfields (TSX: GUY) lightened its debt load just before the new year. Guyana Goldfields, which operates the Aurora gold mine in Guyana, has refinanced its US$160-million debt facility dated Sep….
Junior miners need to address credibility gap, panel hears
The past four years have been bleak for junior miners, but the downtrend is finally coming to an end, says Continental Gold (TSX: CNL) CEO Ari Sussman. “We’re definitely at…
Pressure grows on Samarco, one year after tailings disaster
Legal and financial pressures are mounting on Samarco, one year after a tailings dam failure sent 60 million cubic metres of mine waste and sludge into Brazil’s Rio Doce river…
Metanor eyes 2017 restart at Barry
VANCOUVER — Metanor Resources (TSXV: MTO) hopes that a restart of its Barry open-pit gold mine in Val-d’Or, Que., will bring some extra pep to the junior’s step, considering that…