Goldcorp bids $526M for Probe Mines
Goldcorp (TSX: G; NYSE: GG) is acquiring gold junior Probe Mines (TSXV: PRB; US-OTC: PROBF) in a friendly all-share deal worth $526 million.
2015
TSX slips, Jan. 12-16
Despite a large one-day gain as oil prices stabilized, the S&P/TSX Composite Index lost 0.5%, or 75.53 points, to close the trading week at 14,309.41.
Editorial: Gold a ray of hope in a weary market
The Vancouver Resource Investment Conference in mid-January is usually a great way to gauge the mood of the Canadian junior mining scene in the year ahead, and this year was no different.
U.S. equity indexes post losses, Jan. 12-16
News that consumer sentiment in the U.S. reached an 11-year high, along with optimistic comments from the International Energy Agency that “signs are mounting that the tide will turn” for oil prices, helped U.S. equities rally…
Is Osisko Gold charting a new course for Falco?
Falco Resources (TSXV: FPC) is the only junior to control the last of the large Abitibi mining camps not owned by a major gold producer and Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF) is a key partner and shareholder, owning just over 11% of…
Detour gains 7% after achieving 2014 guidance
Detour Gold (TSX: DGC; US-OTC: DRGDF) has started the year off on the right foot. It shares rose 7% after it reported hitting its 2014 operating targets and provided a conservative guidance for 2015.
Facts ‘n’ figures: US Mint sells record number of Silver Eagle coins in 2014
The following is an edited report from The Silver Institute, a Washington D.C.-based non-profit industry association. For more information visit www.silverinstitute.org.
Aura Minerals suspends mining at Aranzazu
Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in…
Sabina pushes permitting forward at Back River
Sabina Gold & Silver (TSX: SBB) expects to submit a final environmental impact statement (EIS) on its Back River gold project in southwestern Nunavut by mid-year.
Imperial Metals raises $50M
Imperial Metals (TSX: III; US-OTC: IPMLF) may be nursing a black eye from the August tailings dam failure at its Mount Polley mine in central B.C., but the company says it’s pleased with its cleanup efforts so far, and that it is also…
Seabridge proves permits still attainable for big BC mines
VANCOUVER — It’s shaping up to be a big year for Seabridge Gold (TSX: SEA; NYSE: SA) at its large-scale Kerr-Sulphurets-Mitchell (KSM) gold-copper project, 65 km northwest of Stewart, B.C. In late December the company received a…
Capstone’s 2015 outlook ‘disappointing,’ BMO says
VANCOUVER — On Jan. 20 copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) released its production and capital expenditure guidance for 2015, and the results don’t have analysts at BMO Capital Markets particularly enthusiastic….