Selwyn outlines more resources in Nova Scotia to help fund Yukon projects
Rather than fuss with fickle equity and debt markets Selwyn Resources (SWN-V) wants to raise some of the cash it needs from its own assets.
2012
Miranda, Agnico to team up in Colombia
The prospect-generating company, Miranda Gold (MAD-V), has recently attracted major gold miner, Agnico-Eagle Mines (AEM-T, AEM-N), to form a potential alliance to continue exploration in Colombia.
Sandstorm looks to raise $150M for gold streams
VANCOUVER — Sandstorm Gold (SSL-T) is looking to raise $150 million so it can potentially add to its precious metal streams.
Anglo, Codelco reach agreement in copper clash
VANCOUVER — Following ten months of mediation and looming courtroom drama, London-based major Anglo American (AAL-L) and Chile’s state-owned copper miner Codelco have reportedly reached an agreement over the ownership rights of…
Rockwood wants Talison
Rockwood Holdings (ROC-N) is bidding $6.50 per share — a 53% premium — for Talison Lithium (TLH-T) in a deal valuing the company at $724 million on a fully diluted basis.
Atna raising $15M for new mines
VANCOUVER — Atna Resources (ATN-T) is taking advantage of a small uptick in its stock price by raising $15 million in a bought-deal financing.
First Majestic improves Del Toro’s prospects
First Majestic Silver (FR-T) is busy building its Del Toro silver project, which is set to become its fifth producing silver mine in Mexico with initial production expected by year end.
Commentary: Weighing Mexico’s security risks
Back in 2004 I attended an annual general meeting for a client that had acquired a gold-silver mine in Mexico. It was one of many Canadian juniors at the time who had managed to acquire small-scale mines with good expansion possibilities and,…
Harry Winston revises life-of-mine plan at Diavik
VANCOUVER — Canadian diamond miner Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, Northwest Territories. Harry Winston owns…
High-grade gold results lift Atac
Shares of Atac Resources (ATC-V) climbed nearly 10% after the prominent Yukon explorer released more results from its wholly-owned Rackla gold project, 55 km northeast of Keno City.
Update: Drilling at Martiniere boosts Balmoral
Shares of Balmoral Resources (BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec.
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…