PMI, Keegan scrap merger plans
VANCOUVER – Keegan Resources (KGN-T) and PMI Gold (PMV-T) have scrapped plans to merge after it became clear that PMI shareholders were not going to approve the deal.
Financial Matters, M&A
Sona signs MOU with Chinese contractor
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of British Columbia, about…
Constantine finds perfect partner for Palmer
VANCOUVER — For the last few years, the Palmer project in Alaska almost had it all: a high-grade polymetallic deposit with thick, continuous zones that could be mined using short lateral drifts to deposit ore beside a highway running to a…
Taking a closer look at Taseko’s options
Taseko Mines (TKO-T, TGB-X) could become a consolidator in British Columbia and also prey to companies like Lundin Mining (LUN-T), Capstone Mining (CS-T) or Teck Resources (TCK.B-T), Chris Chang of Laurentian Bank Securities says.
Canada buys back a little Sudbury
The upstart precious metals-streaming business has clearly reached the big leagues, with a blockbuster cash deal being forged between Vale (VALE-N) and Silver Wheaton (SLW-T, SLW-N).
Aurizon shuts out Alamos
Aurizon Mines (ARZ-T, AZK-X) has rejected Alamos Gold’s (AGI-T) hostile bid, calling it “financially inadequate and opportunistic.”
Lassonde calls for new thinking in the exploration game
VANCOUVER — The final day of Mineral Exploration Roundup 2013 featured a keynote speech from industry veteran and Franco-Nevada (FNV-T, FNV-N) chairman Pierre Lassonde. Though best known for his often bullish stance on long-term gold…
Editorial: Canada buys back a little Sudbury
In the same issue we chronicle the earliest days of Franco-Nevada, the first significant precious metals royalty firm in Canada, we also cover a news item that shows that the precious metals-streaming business has also reached the big leagues…
Constantine finds perfect partner for Palmer
VANCOUVER – For the last few years, the Palmer project in Alaska almost had it all: a high-grade polymetallic deposit with thick, continuous zones that could be mined using short lateral drifts to deposit ore beside a highway running to a…
Royalty sale a windfall for Premier Gold
It’s not every day that an exploration and development company can turn a profit of US$35 million in just fourteen months with what appears to be very little effort.
Roundup 2013: Alaska’s year in mining and exploration
VANCOUVER – Alaska did not see any new mines commissioned or constructed in 2012, but an overview of the state’s year in mining and exploration from Avalon Development president Curt Freeman at Roundup in Vancouver showed that…
Golden Predator rebrands, shifts focus to royalties
Golden Predator’s (GPD-T) decision in late January to transition to a royalty-only mining company and build on its existing base of 34 projects pushed the junior’s shares up 16.7% to 38.5¢ on 2.7 million shares traded.