Kirkland Lake to acquire Detour Gold in $4.9B deal
Kirkland Lake Gold’s (TSX: KL; NYSE: KL) proposed $4.9-billion all-share acquisition of Detour Gold (TSX: DGC) and its open-pit mine in northeastern Ontario will add…
Financial Matters, M&A
Stornoway’s creditors step in to save Renard
Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company’s failure…
Implats offers $1B for North American Palladium
Eyeing its first major operations investment outside of Africa, platinum group metals (PGM) producer Impala Platinum Holdings has struck a friendly deal to buy Canadian…
Osisko launches incubator, bids for Barkerville
Osisko Gold Royalties (TSX: OR; NYSE: OR) has created a project development platform called North Spirit Discovery Group, and it hopes the resource development and…
Q&A with De Beers’ Mpumi Zikalala
In February, De Beers announced it was consolidating its assets in South Africa and Canada into one entity called De Beers Group Managed Operations. At…
Stornoway stock sinks on liquidity issues
In early 2017, Stornoway Diamond (TSX: SWY) achieved commercial production at its 100% owned Renard diamond mine in Quebec. The junior had a lot to…
Editorial: Are diamonds forever?
We’re hosting our second annual Diamonds in Canada Symposium in June in Toronto at an unlikely time. In a sector that has seen so much…
Pala Investments offers $501M for Cobalt 27
Battery metals-focused Cobalt 27 Capital (TSXV: KBLT; US-OTC: CBLLF) has come a long way since listing on the TSX Venture Exchange in June 2017. The…
Editorial: Top gold mining CEOs Bristow, Letwin and Marrone weigh in on consolidation
With The Northern Miner’s Canadian Mining Symposium held at Canada House in London, U.K., in May, attendees were treated to contrasting visions for the gold…
St Barbara to acquire Atlantic Gold for $802M
Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million….
Lundin Mining to buy Yamana’s Chapada mine in Brazil
Lundin Mining’s (TSX: LUN; NASDAQ: LUMI) proposed acquisition of Yamana Gold’s (TSX: YRI; NYSE: AUY) Chapada copper-gold mine in Brazil for US$800 million in cash…
Thor secures US$78M for Segilola in Nigeria
Thor Explorations (TSXV: THX) estimated in a definitive feasibility study two months ago that pre-production capital expense to build an open-pit mine at its Segilola…