Soft uranium market hurts Cameco’s Q3 earnings
With its latest quarterly earnings, Cameco (CCO-T, CCJ-N) proved that its current operational deftness hasn’t been enough to protect its bottom line.
2012
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized a much-anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
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Centerra’s Atkinson shows the way at Kumtor
Despite weak earnings due to a seven-week shutdown at its flagship Kumtor gold mine, 60 km south of the Chinese border in the Kyrgyz Republic, Toronto-based Centerra Gold (CG-T) has two big reasons to celebrate its third-quarter results: it has…
Bidgood results out ahead of good bid
Shortly before receiving a takeover offer from Osisko Mining (OSK-T), Queenston Mining (QMI-T) released some positive drill results from its Bidgood gold project in Kirkland Lake, Ontario.
Osisko to acquire Queenston
It’s not easy these days for chief executives and their boards to strike a balance between shareholders who scream for growth and those who demand consistent free cash flow and higher dividends.
Andina jumps on Hochschild’s $103M takeover bid
Shares of Toronto-based junior Andina Minerals (ADM-V) have nearly doubled, as it has agreed to a $130-million, all-cash takeover by Peru-based precious metals producer Hochschild Mining (HOC-L).
Harry Winston to buy Ekati for US$500M
One year after BHP Billiton (BHP-N, BLT-L) announced it was looking at selling its diamond business, the company has found a buyer in Harry Winston Diamond (HW-T, HWD-N).
Silver Wheaton CEO predicts ‘strong fourth quarter’
Management of streaming company Silver Wheaton (SWL-T, SLW-N) were ready to focus investors’ attention on record quarterly silver-equivalent production, but it was a drop in sales volumes and subsequent rollback in dividend payments that…
QMX Gold looks forward to brighter days ahead
VANCOUVER — At the beginning of the year Toronto-based producer QMX Gold (QMX-T) — then Alexis Minerals — had quite a lot on its plate. The company was trying to stabilize operations at its Lac Herbin gold mine in Val-d’Or,…
Update: Fronteer gang looks to duplicate success with Pilot
With its coffers over-flowing Pilot Gold (PLG-T) is in the unique position amongst juniors of being able to drive heavy exploration programs at two projects, while partaking in the development of a third into a mine.