A New Tool For Community Development
Conventionally, mining companies have wanted to take immediate measures to alleviate the poverty they observe near their mining projects in developing countries. Typically, they have done this by buil…
News
Copper Fox And Lions Gate Consider Merger
VANCOUVER — Copper Fox Metals (CUU-V, CPFXF-O)and Lions Gate Metals (LGM-V) have signed a letter of intent to merge that would see Copper Fox shareholders receive 0.094 of a Lions Gate share for each…
Canadian Royalties To Renegotiate Debentures
If market conditions don’t improve, Canadian Royalties (CZZ-T, CRYAF-O) might not have enough cash to pay interest on $137.5 million in debentures due in March 2015.
M&A Kicks Up A Notch
As so often happens right after the Prospectors and Developers Association of Canada convention in Toronto, the tenth trading week of 2009 saw a surge in mergers and acquisitions activity, particularl…
Platinum Group Metals Lands Japanese Investment
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from large, quasi-governmental institutions.
Jaguar Financial Derails Cadiscor-Tiomin Tie-Up
A risk of legal action from Jaguar Financial (JFC-T, JGFCF-O) was enough to derail a proposed friendly merger between Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O).
Hochschild Offers $22.5M For Southwestern
VANCOUVER — With its Boka troubles finally settled, Southwestern Resources (SWG-T, SWGGF-O) has found itself with a suitor: Hochschild Mining (HCHDF-O, HOC-L) has made a bid to acquire the Vancouver-…
New Dawn In Zimbabwe
New Dawn Mining (ND-T) plans to take its 100%-owned Turk gold mine in Zimbabwe out of care and maintenance and put it back into production, says the company’s president and CEO, Ian Saunders.
Gammon Scoops Up Junior Gold Producer Capital Gold
Mexico-focused Gammon Gold (GAM-T, GRS-N) has offered to buy small-scale gold producer Capital Gold( CGC-T, CGLD-O), in an all-share deal valued at US$150.5 million.
Bronson Slope Gets A Second Try
VANCOUVER — A preliminary economic assessment of Skyline Gold’s (SK-V, SYGCF-O) Bronson Slope gold-copper-silver project in northern British Columbia says the deposit could support a profitable mine …
Excellon Nixes Onsite Mill In Favour Of Silver Eagle Deal
Excellon Resources (EXN-T, EXLLF-O) is putting plans to build a mill at its Platosa silver-lead-zinc mine in Durango state, Mexico, on hold now that it has struck a friendly merger deal with Silver Ea…
Kinross to buy stake in Harry Winston
Kinross Gold (K-T, KGC-N) is making an usual and sudden move into the diamond business, offering US$150 millio…