Hecla goes hostile on Dolly Varden in $12M bid
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) shares have surged more than 45% since Hecla Mining (NYSE: HL) made a hostile takeover bid for all of the junior’s shares that it doesn’t currently…
Financial Matters, M&A
Teranga tables friendly US$63M bid for Gryphon Minerals
VANCOUVER — Teranga Gold (TSX: TGZ; ASX: TGZ) aims to expand its production profile in West Africa, and it found an opportunity in Australia-based Gryphon Minerals (ASX: GRY) and the…
Kaminak filings reveal multiple potential bids for Coffee
VANCOUVER — In early May, Goldcorp (TSX: G; NYSE: GG) launched a $520 million, all-share bid for explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) and its feasibility-stage Coffee gold project in…
Fortuna scooping up Goldrock for US$101M
VANCOUVER — Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has been on the lookout for an acquisition in the Americas, and it found a fit in Goldrock Mines (TSXV: GRM; US-OTC:…
NexGen scores US$60M from Hong Kong billionaire
VANCOUVER — Explorer NexGen Energy (TSXV: NXE; US-OTC: NXGEF) made headlines earlier this year with an eye-opening maiden resource at its high-grade Arrow uranium deposit in Saskatchewan’s Athabasca basin, and…
Editorial: Northern Andean economies groan as oil revenues dry up
There’s nothing quite like a fall in oil prices to expose the cracks in the economies and politics of countries highly dependent on oil exports. And such is the case…
Orion to finance Premier Gold
When it comes to financing companies in the mining sector, private equity firms typically call the shots. But in a deal announced on May 31, Orion Mine Finance appears to…
Hecla bids for Mines Management and its Montanore deposit
VANCOUVER — Hecla Mining (NYSE: HL) is hoping to fortify its silver development portfolio in the U.S. Northwest with a US$37-million, all-share acquisition of Mines Management (TSX: MGT; NYSE-MKT: MGN) and its large Montanore silver-copper…
Editorial: Brazil’s anti-corruption drive takes out Rousseff
Brazil’s political and economic turmoil has grabbed headlines around the world, the culmination of years of top-level judicial investigations and countrywide street protests against corruption in politics. On May 12,…
Goldcorp offers $520M for Kaminak
Goldcorp (TSX: G; NYSE: GG) has offered to buy Kaminak Gold (TSXV: KAM) in a $520-million, all-share deal to get its hands on the junior’s high-grade Coffee gold project in…
Commentary: New takeover bid rules take effect in Canada
As of May 9, new takeover bid rules took effect across Canada. These new rules will undoubtedly impact the Canadian mining sector, which accounts for 40% of the number of…
Panel Discussion: Harquail, de Jong, Mell and Wilton talk alternative financing
During the Prospectors & Developers Association of Canada convention in Toronto in March, PearTree Securities sponsored a panel discussion moderated by Anthony Vaccaro, publisher of The Northern Miner, to tackle…