Goldcorp packs on financial muscle
Mid-tier gold producer Goldcorp (G-T) has nearly doubled its cash reserves by selling US$144 million worth of units to a syndicate of underwriters.The bought deal, led by Griffiths McBurney & Partners…
Mid-tier gold producer Goldcorp (G-T) has nearly doubled its cash reserves by selling US$144 million worth of units to a syndicate of underwriters.The bought deal, led by Griffiths McBurney & Partners…
Drilling at the McCuaig project, in the Red Lake gold district of northwestern Ontario, is providing Rubicon Minerals (RMX-V) and Golden Tag Resources (GOG-V) with a bigger target to explore.The partn…
Dundee Precious Metals — Wt buys C1 A sh @ $25.00 to Feb 20/04.Franco Nevada — Wt buys 4 sh @ $200.00 to Sep 15/03.Goldcorp — Wt buys C1 A sh @ $20.00 to May 13/09.Inco Lt…
Vancouver — With drilling already under way on its key properties in Ontario’s Red Lake district, Rubicon Minerals (RMX-V) intends to advance some of its other projects by dealing them to experienced…
In what has been described as a “win-win situation” by both parties, Pacific Rim Mining (PFG-T) and Dayton Mining (DAY-T) are proposing a merger. Management of Pacific Rim likes the high-grade potenti…
Vancouver — Rubicon Minerals (RMX-V) has raised $3 million through a brokered private placement and will use a portion of the funds to explore its Red Lake properties in northern Ontario.The financin…
Thanks to a full year’s worth of production from the Red Lake mine in northern Ontario, Goldcorp (G-T) has set a new annual production record.The gold miner cranked out 607,403 oz. last year at a cash…
After a week (Jan. 28-Feb. 1) which saw copper move from severe vulnerability to the strongest technical close in more than six months and aluminum climb above US$1,400 per tonne, the base metals comp…
Junior Rubicon Minerals (RMX-V) has signed an agreement with a private company to acquire the McFinley gold project in the Red Lake camp of northwestern Ontario.The Vancouver-based company must pay $8…
Deep drilling at the Red Lake mine of Goldcorp (G-T) has extended the producing High Grade zone at depth.Hole 34L-860GW cut 2.4 metres of the HW5 lens at a vertical depth of 2,061 metres, extending it…
A proposed alliance with Barrick Gold (ABX-T) has provided AngloGold (AU-N) enough elbow room to raise its bid for Normandy Mining (NDY-T).The South African miner is now offering A30 per sh…
Goldcorp (G-T) has turned up more jewelry-box grades at the Red Lake mine in northwestern Ontario.Deep hole 860DW cut 4.9 metres grading an impressive 474 grams gold per tonne. The exploratory hole wa…
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