Gold majors vow not to repeat decadent spending of a decade ago
As gold prices hit record highs, industry executives are hoping they can convince investors – who haven’t yet piled into gold mining stocks – that they’ll put their cash to…
Osisko Mining
Osisko Metals seeks financing partner on huge Gaspé copper project in Quebec
Osisko Metals (TSXV: OM; US-OTC: OMZNE) is advancing the giant Gaspé copper project in Quebec with an economic study planned for February amid efforts to land a 20% partnership with provincial financing agency…
AngloGold Ashanti to buy Centamin for US$2.5 billion
Deal hands AngloGold Egypt’s largest and first modern gold mine, and will make it the world’s no.4 producer of the precious metal.
Thesis Gold boosts investment return at Lawyers-Ranch project in BC
A new study combining Thesis Gold’s (TSXV: TAU; US-OTC: THSGF) Ranch gold-silver project in British Columbia with Lawyers, acquired through its takeover of Benchmark Metals last year, shows a 35% post-tax…
Gold Fields to buy Osisko in US$1.6B cash deal
South Africa’s Gold Fields (NYSE: GFI; JSE: GFI) is buying Canada’s Osisko Mining (TSX: OSK) in a deal valued at $2.1 billion (US$1.6 billion) as record-breaking prices for the precious…
Muddy Waters targets Mayfair Gold for board takeover
Muddy Waters Capital, the American hedge fund that often short-sells companies, is instead taking a long position in plans to take over Mayfair Gold (TSXV: MFG) with its prefeasibility stage Fenn-Gib…
PDAC 2024: Burzynski on Windfall’s excess; Wabun, O3, Lundin, McConnell also awarded
John Burzynski, Osisko Mining’s (TSX: OSK) chairman and CEO, recalls how exploration drilling at the Windfall gold project in Quebec set a few records and ruined an entire generation of…
JV Article: Tax tsunami may destroy Canadian resource exploration financing, PearTree warns
Investments of more than $300 million in mineral exploration will be lost in 2024 and in all future years if Ottawa goes through with its new alternative minimum tax (AMT)…
Osisko Gold Royalties sells Osisko Mining shares
Canada’s Osisko Gold Royalties (TSX:OR; NYSE: OR) has sold all the shares it held in exploration and development company Osisko Mining (TSX: OSK) for $132 million (US$98.3 million). The Montreal-based firm,…
Roosen seeks partner for Cariboo gold project ‘beachhead’ in BC
Sean Roosen, part of the team that discovered and developed the Canadian Malartic gold mine, which vies to be Canada’s largest by production, is looking for a corporate partner to…
Beaver Creek: Osisko’s Windfall will ‘outlive all of us,’ says CEO Burzynski
Quebec-focused Osisko Mining‘s (TSX: OSK) chairman and CEO, John Burzynski, expects the company’s flagship Windfall project’s resource to double to a staggering range of 15-20 million oz. gold at double-digit…
Canada’s Top Ten precious metals juniors
The following companies are the Top Ten Canadian-headquartered precious metal juniors that are developing projects, ranked according to market capitalization as of June 1 and compiled by Mining Intelligence. Royalty…