M&A, Financing and Restructuring

Lydian outlines new mine plan for Amulsar project

Source: Daily News | 2015-11-19
VANCOUVER — Lydian International (TSX: LYD; US-OTC: LYDIF) knows it has to adjust expectations at its wholly-owned Amulsar gold project in south-central Armenia if it wants to secure development funding under current market...

Oban Mining to pick up Northern Gold 

Source: Print Archives | 2015-11-18
Northern Gold Mining (TSXV: NGM) is the fourth junior this year to sign a business combination agreement with Oban Mining (TSX: OBM), joining Eagle Hill, Ryan Gold and Corona Gold, which consolidated their properties in Ontario and Quebec under...

Kinross, Waterton scoop up Nevada properties from Barrick  

Source: Print Archives | 2015-11-18
Kinross Gold (TSX: K; NYSE: KGC) and private-equity firm Waterton Global Resource Management are the latest bargain hunters to find something they like at Barrick Gold’s (TSX: ABX; NYSE: ABX) year-long sale emporium. On Nov. 12 Barrick...

Kirkland Lake Gold and St. Andrew Goldfields join forces

Source: Daily News | 2015-11-17
The friendly combination of Kirkland Lake Gold (TSX: KGI) and St. Andrew Goldfields (TSX: SAS; US-OTC: STADF) will create an intermediate gold producer with four mines and two mills in the Timmins and Kirkland Lake gold camps of Ontario’s...

Bannerman believes in Etango despite poor uranium market

Source: Daily News | 2015-11-16
VANCOUVER — Uranium prices have taken a beating over the past few years, but Australia-based Bannerman Resources (TSX: BAN; US-OTC: BNNLF) hasn't lost faith in its wholly-owned Etango open-pit asset 38 km from the coastal town of...

Fission powers forward after Denison deal dies  

Source: Print Archives | 2015-11-11
VANCOUVER — The dust is settling for Fission Uranium (TSX: FCU; US-OTC: FCUUF) after a failed merger with Lukas Lundin’s Denison Mines (TSX: DML; NYSE-MKT: DNN), but the company can’t move on just yet, due to an activist...

Rubicon halts trial mining at Phoenix in Red Lake  

Source: Print Archives | 2015-11-11
VANCOUVER — Shares of developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) saw heavy losses after the company suspended underground development at its Phoenix gold deposit in Ontario’s prolific Red Lake district. The move...

Goldcorp's Jeannes: 'We're close to the end of the gold bear market' 

Source: Print Archives | 2015-11-04
VANCOUVER — Despite posting a US$192 million net loss during the third quarter, Goldcorp's (TSX: G; NYSE: GG) management team is telling investors to focus on what it labels "strong fundamentals."

Site visit: Barkerville reborn after 'massive housecleaning' 

Source: Print Archives | 2015-10-28
WELLS, B.C. — Emerging in July 2013 from an 11-month cease-trade order issued by the B.C. Securities Commission stemming from a questionable resource estimate, Barkerville Gold Mines (TSXV: BGM) was left facing a severe cash...

Star Mountain buys shuttered zinc mine from Hudbay 

Source: Print Archives | 2015-10-28
Star Mountain Resources (US-OTC: SMRS) is acquiring a past-producing zinc mine and concentrator in New York state, which the company says will catapult it from explorer to producer in less than a year.