Nevsun reports Q2 loss amidst Lundin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) reported a US$10.8 million loss in the second quarter of 2018, an US$11.3 million decline from the first quarter….
Financial Matters, M&A
Coeur to acquire Northern Empire in $117M deal
Coeur Mining (NYSE: CDE) is buying Northern Empire Resources (TSXV: NM; US-OTC: PSPGF) and its 143 sq. km Sterling gold project, located 185 km from Las…
Financing uptrend continues, PDAC report says
The following is an edited summary from the Prospectors & Developers Association of Canada report, State of Mineral Finance 2018: Gaining Momentum. For more information…
Appian Capital brings long-term money to mining business
Private equity firm Appian Capital Advisory LLP closed its first natural resources fund in 2014 taking in US$400 million. Since then, the London-headquartered firm has…
Nevsun rejects $1.5B Euro Sun, Lundin Mining proposal
Nevsun Resources (TSX: NSU; NYSE-AM: NSU) is rejecting an unsolicited proposal by Euro Sun Mining (TSX: ESM) and Lundin Mining (TSX: LUN) that it says…
Azarga Uranium to merge with URZ Energy
The merger of Azarga Uranium (TSX: AZZ; US-OTC: PWURF) and URZ Energy (TSXV: URZ; US-OTC: URZZF) will create a new uranium development company focused on…
PDAC 2018: Bankers on lessons learned, exploration, finance trends
Strategic private placements, private equity and joint-venture partnerships are playing a bigger role in financing exploration and development projects in the mining sector, a group…
Commentary: Prepping for the upcoming AGM and proxy season
Every year, reporting issuers are faced with the task of tailoring the disclosure for their annual general meeting (AGM) to ever-evolving securities laws, updates to…
PwC: Miners drive $5B year in Canadian IPOs
The following is an edited summary from PwC about its annual IPO survey. For more information, visit www.pwc.com. The 2017 market for initial public offerings…
First Majestic bids for Primero in friendly deal
First Majestic Silver’s (TSX: FR; NYSE: AG) proposed acquisition of Primero Mining (TSX: P) and its San Dimas silver-gold mine would bring the number of…
First Quantum options Northern Dynasty’s Pebble
VANCOUVER — First Quantum Minerals (TSX: FM; US-OTC: FQVLF) is the latest large mining company to place a bet on Northern Dynasty Minerals’ (TSX: NDM; NYSE-AM:…
Beaty bets US$20M on three-way merger to form Equinox Gold
VANCOUVER — Mining magnate Ross Beaty is leading a merger between gold juniors Trek Mining (TSXV: TREK), NewCastle Gold (TSX: NCA) and Anfield Gold (TSXV:…