Facts ‘n’ figures – Potash bid tops Q2 M&A activity: KPMG report
The following is an edited excerpt from KPMG’s Mining M&A Quarterly Newsletter. For more information and to see the full report visit www.kpmg.com
News
Dalradian advances Curraghinalt amid low gold prices
Dalradian Resources (TSX: DNA) has published the results of first 25 drill holes from its 2015 exploration program on its Curraghinalt gold project in Northern Ireland, confirming the project’s quartz veins carry high-grade gold…
Gemfields unveils maiden ruby resource
It’s not every day a company in the mining sector say its project can deliver an internal rate of return (IRR) of more than 300%. But that’s what Gemfields (LSE: GEM) expects of its majority-owned Montepuez ruby deposit in…
First Quantum’s Kansanshi gets mixed reviews
VANCOUVER — An updated technical report filed by First Quantum Minerals (TSX: FM; US-OTC: FQVLF) on its 80% owned Kansanshi copper operations, 10 km north of Solwezi, Zambia, sent analysts scrambling to lower target share prices for the…
Royal Road driven by results at Gomec in Turkey
VANCOUVER — It’s been almost a decade since Tim Coughlin, a co-founder of Lydian International, was part of the team that stumbled across the multi-million-ounce Amulsar gold deposit in southern Armenia. Now, as president and CEO of…
Freeport cash backs Reservoir’s high-grade Cukaru Peki prospect
Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has reported an 84-metre drill intercept grading 10.8% copper and 10.86 grams gold (17.3% copper equivalent), including 46 metres of 15.9% copper and 16.77 grams gold (25.9% copper equivalent),…
Centerra swings back into profit
Centerra Gold (TSX: CG; US-OTC: CAGDF) posted a profit in the second quarter, amid a sea of red for gold miners hurt by lower commodity prices.
Premier provides initial guidance for South Arturo
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is nearing producer status at the South Arturo mine in Nevada that it jointly owns with Barrick Gold (TSX: ABX; NYSE: ABX), and Ewan Downie, the junior’s president and CEO, forecasts the mine…
Prudence pays off for Atlantic Gold in Nova Scotia
VANCOUVER — Steven Dean, chairman and CEO of Atlantic Gold (TSXV: AGB) says it took the company three years of “wading through the rubble of the gold sector” before it stumbled upon the Moose River gold project, 85 km…
Wolfden keeps the drills turning in Bathurst camp
VANCOUVER — It may very well be the worst market conditions for explorers, but that hasn’t stopped Wolfden Resources (TSXV: WLF) from mounting a drill campaign across its expansive land position in the heart of…
Equitas hunts next Voisey’s Bay
Junior Equitas Resources (TSXV: EQT; US-OTC: EQTRF) has kicked off a second phase of exploration at its Garland nickel-copper-cobalt property in Newfoundland and Labrador, with the hope of discovering deeper Voisey’s Bay-style…
Facts ‘n’ Figures: Surbiton – Aussie M&A shakes up production rankings
The following is an edited version of a commentary by Surbiton Associates, an independent consulting group based in Melbourne and specializing in Australian gold mining and minerals industries. Visit www.surbiton.com.au for more…