Highland Copper to acquire White Pine
Highland Copper (TSXV: HI; US-OTC: HDRSF) is expanding its footprint in northern Michigan with the acquisition of the White Pine copper project, 100 km southwest of its Keweenaw copper project.
Financial Matters, M&A
Juniors weather storm in rough markets: PwC
It’s been a rough two years for junior mining companies globally, with a steep drop in commodity prices accompanying an uneven recovery in the world’s industrial economies, and a serious drop in investor confidence. Canadian miners…
Alix Resources all for bitcoin exchange
For those who claim that the mining industry rarely likes to adopt new technology, Alix Resources (TSXV: AIX; US-OTC: ARXFR) has a story to tell.
Commentary: Restructuring alternatives for Canadian companies
As terms such as “proposal”, “CCAA” and “bankruptcy” are mentioned frequently in Canadian business news these days, it’s important to understand what they actually mean, and when and how they may be of…
Hudbay sells Back Forty stake, Constancia’s gold
With seven projects in the Great Lakes area, Aquila Resources (TSX: AQA; US-OTC: AQARF) is carving out something of a reputation as a junior explorer to watch in this region of North America. That reputation grew two sizes in early November,…
Mosaic spends US$1.4B for CF Industries’ assets
Mosaic’s (NYSE: MOS) proposed acquisition of CF Industries Holdings’ (NYSE: CF) phosphate business will give it enough product to meet expected demand growth, mostly in North and South America; brings earnings accretion; and exceeds…
Commentary: Miners turn to private equity for help
A few weeks ago Patricia Mohr, Scotiabank’s vice-president of economics and a commodity market specialist, participated in a panel discussion in Vancouver organized by the British Columbia Securities Commission. The subject was financing…
Eldorado Gold to pick up Glory Resources
Eldorado Gold (TSX: ELD; NYSE: EGO) plans to acquire the remaining shares of Glory Resources (ASX: GLY) in order to take control of Glory’s high-grade Sapes project in Thrace, Greece, which lies 15 km from Eldorado’s Perama Hill…
Grenville Thomas takes aim with North Arrow Minerals
He’s been in the business for 56 years. He was integral in developing Canada’s diamond sector. He has been named Prospector of the Year by the Prospectors and Developers Association…
Kirkland Lake sells Macassa royalty to Franco-Nevada
VANCOUVER — Royalty and metal streaming agreements have risen to prominence over the past few years, and Ontario-based Kirkland Lake Gold (TSX: KGI; LON: KGI) opted to get in on the action on Oct. 29, when it inked a royalty agreement…
B2Gold makes all-share offer for Volta Resources
VANCOUVER — Shares of Volta Resources (TSE: VTR) doubled on Oct. 28, after the tabling of a friendly, all-share bid from diversified producer B2Gold (TSX: BTO; NYSE-MKT: BTG) values the junior gold explorer at US$63 million.
Editorial: Mexico, the great hope… for higher taxes on mining
If there’s been one consistent refrain in Canadian mining circles this millennium, it’s been mining personnel — from top executives to scruffy field geologists — singing the praises of Mexico and its rich mineral…