VANCOUVER – The merged Glencore Xstrata PLC (GLEN-L) was supposed to bear a board with directors from both predecessor companies, part of the attempt to portray the deal as a merger of equals instead of a takeover of Xstrata.
VANCOUVER — It was not always a smooth process and it took a year to gel, but Glencore International has completed its US$29-billion takeover of Xstrata, with the merged company trading as Glencore Xstrata (GLEN-L) and boasting a…
VANCOUVER — Most of the world’s mining majors are selling non-core assets so that they can optimize key operations, shore up earnings and cut back capital outlays. The shift follows a few years of overspending spurred by commodity…
VANCOUVER — Vancouver-based project-generator Riverside Resources (RRI-V) is adding to its partnerships in Mexico with a $2.5-million alliance with London-based precious-metal producer Hochschild Mining (HOC-L).
VANCOUVER — Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt, 32 km northwest of Alice Arm, B.C. A final resource update on April 25…
Alamos Gold (AGI-T, AGI-N) isn’t letting its failed Aurizon Mines (ARZ-T, AZK-N) bid get it down.
VANCOUVER – Most of the world’s mining majors are selling non-core assets to focus on optimizing key operations, shoring up earnings, and cutting back capital outlays. The shift follows a few years of overspending spurred by commodity…
In the last year Barrick Gold (ABX-T, ABX-N) has announced a multi-billion dollar overrun at its flagship development project in Chile, taken a $3.8-billion charge on a highly criticized acquisition, changed its chief executive officer and seen…
Just a few short months since acquiring all of Lake Shore Gold’s (LSG-T, LSG-X) assets in Mexico, Revolution Resources (RV-T) has reeled in Kinross Gold (K-T, KGC-N) as a new shareholder.
VANCOUVER – In the last year Barrick Gold (ABX-T, ABX-N) has announced a multibillion-dollar overrun at its flagship development project in Chile, taken a $3.8-billion charge on a highly-criticized acquisition, changed its chief executive…
As many in the mining sector are well aware, junior mining companies are having a harder time accessing capital markets for financing. Even when they are able to get their hands on some money, the financing comes with more onerous terms than…
As many in the mining sector are well aware, junior mining companies are having a harder time accessing capital markets for financing. Even when they are able to get their hands on some money, the financing comes with more onerous terms than…
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