Miners give back in Toronto, Mali
Several mining companies are digging into their pockets ahead of the holiday season and donating to charitable causes.
Inmet Mining Corporation
TSX rises then pulls back
The TSX Composite Index managed to finish the Oct. 29 to Nov. 2 period 98 points higher at 12,380 points, despite giving back some of its earlier period gains.
Inmet, Petaquilla’s tug-of-war continues
In what’s become an increasingly frosty relationship, Canadian-based companies Inmet Mining (IMN-T) and Petaquilla Minerals (PTQ-T) continue to squabble over a takeover bid that would see the larger Inmet absorb Petaquilla, which runs the…
Pierre Lassonde: The gold guru sounds off on diamonds
In a frank discussion with Diamonds in Canada in late September, the cofounder and now chairman of Franco-Nevada (FNV-T, FNV-N) and ex-Newmont Mining (NMC-T, NEM-N) CEO explains why he believes…
Miners give back in Toronto and Mali
TSX ends flat during Oct. 22-26 week
Toronto’s resource-heavy index had a lacklustre Oct. 22-26 trading week, where upbeat economic data from the U.S. failed to propel the markets.
Inmet, Petaquilla continue to play tug of war
VANCOUVER — In what is becoming an increasingly frosty situation,Canadian-based companies Inmet Mining (IMN-T) and Petaquilla Minerals (PTQ-T) continue to squabble over a potential take-over bid that would see the larger Inmet absorb its…
Petaquilla soars on Inmet’s takeover offer
Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash and equity, which operates the Molejon gold mine adjacent to its Cobre Panama copper-gold project in Panama.
Franco-Nevada, Inmet sign Cobre Panama deal
Inmet Mining (IMN-T) has closed a financing deal with streaming and royalty company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion. It’s a bid to cover a funding shortfall at Inmet’s US$6.2-billion Cobre Panama copper-gold…
Inmet, Franco-Nevada ink Cobre Panama deal
VANCOUVER — In a highly-anticipated move, base-metal producer Inmet Mining (IMN-T) has closed a financing deal with streaming company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion in a bid to cover a funding shortfall at its…
Royalty, streaming companies blossom
When equity and debt markets freeze up, cash-hungry mine developers are forced to find alternate financing options. And that means business is looking good for those in the precious metal streaming and royalty game.Big-time players like Royal…
Inmet finances Cobre Panama under majority ownership
VANCOUVER — Toronto-based major Inmet Mining (IMN-T) has opted to retain its majority interest in the world-class Cobre Panama copper-gold project through development financing, as the company announced a hybrid plan that would see it…