TSX posts decline, Dec. 10-14
The S&P/TSX Composite Index dropped 1.35% to finish at 14,595.07. The S&P/TSX Global Mining Index rose 1.6% to 64.51 and the S&P/TSX Global Base Metals Index increased 0.47% to 101.42….
Wheaton Precious Metals Corp
Wheaton buys gold and palladium stream from Sibanye-Stillwater
Less than a month after paying US$390 million in cash for a cobalt stream from Vale’s (NYSE: VALE) Voisey’s Bay mine on the north coast of Labrador, Wheaton Precious Metals (TSX: WPM; NYSE:…
Top 10 Canadian royalty, streaming companies by market cap
The Northern Miner presents the top 10 Canadian-headquartered royalty and streaming companies by market capitalization, as of early July 2018. 1. FRANCO-NEVADA Market cap: $17.7 billion Franco-Nevada’s (TSX: FNV; NYSE:…
Vale sells Voisey’s Bay cobalt stream for US$690M
In the world’s biggest cobalt stream to date, Vale (NYSE: VALE) has agreed to sell cobalt from its Voisey’s Bay nickel-copper-cobalt mine in northern Labrador to Wheaton Precious Metals (TSX:…
Pembridge offers cash and shares for Minto mine
U.K.-based Pembridge Resources (LON: PERE) is set to acquire the Yukon’s sole producing hard-rock mine. On Feb. 14, the company announced a deal with Capstone Mining (TSX: CS) to buy…
First Majestic bids for Primero in friendly deal
First Majestic Silver’s (TSX: FR; NYSE: AG) proposed acquisition of Primero Mining (TSX: P) and its San Dimas silver-gold mine would bring the number of its operating silver mines in…
Primero’s future uncertain after strike at San Dimas
VANCOUVER — Primero Mining’s (TSX: P) future hangs in the balance after 18 months of operational inefficiencies and labour-related work stoppages at its flagship San Dimas gold-silver operation, 125 km northeast…
Alexco CEO on restructured Wheaton Precious Metals deal
VANCOUVER — Alexco Resource (TSX: AXR; NYSE-MKT: AXU) is considering restarting production at its Keno Hill silver mine, 330 km north of Whitehorse, Yukon. The company suspended operations in late 2013, as…