Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX:…
Gold
TSX Venture falls nearly 5%, Oct. 26-30
The S&P/TSX Venture Composite Index fell 34.35 points, or 4.78%, to 683.78 during the Oct. 26-30 trading week. Spot gold finished the trading week at US$1,878.60 per oz., down US$22.70…
Yamana raises dividend 50% on blowout earnings
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced drill results that provide further support for the development of a future underground operation at the East Gouldie, Odyssey and East…
Joint Venture Article: Maple Gold Mines, a success story 40 years in the making
Where others have stumbled, Maple Gold Mines has stayed the course and is ready to advance their Douay project in Quebec’s Abitibi Greenstone Belt. Through a tumultuous period defined by…
Quebec snapshot: Eight companies to watch
With a large landmass, favourable mining policies and a strong history of mine development and operations, Quebec is one of the world’s top destinations for mineral explorers and developers. Below,…
Wallbridge advances Fenelon project in Quebec
Wallbridge Mining‘s (TSX: WM) flagship Fenelon gold project lies along the prospective Detour-Fenelon gold trend in north-western Quebec, 75 km west-northwest of Matagami. The 85.6 sq. km land package is…
QC Copper and Gold injects new life into Opemiska in the Abitibi
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world. The belt, better known as the Abitibi, is 150 km in…
Alamos posts record cash flow, raises dividend 33%
Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three operations in Ontario and Mexico….
Wheaton expands into Europe with LSE listing
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world’s largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE)…
Adriatic Metals secures US$28M financing package
Adriatic Metals (LSE: ADT2; ASX: ADT) has signed agreements to raise US$28 million from two new investors – Queen’s Road Capital Investment and the European Bank for Reconstruction and Development…
Chairman offers to take Kazakhstan’s Kaz Minerals private
Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals (LSE: KAZ), are proposing a buyout offer of the pure-play copper company. Their company, Nova Resources, in…
Brixton teams up with Friedland’s HPX on polymetallic project in Montana
Brixton Metals (TSXV: BBB) has entered a joint venture agreement on its wholly owned Hog Heaven project with High Power Exploration (HPX), a privately owned mining company led by billionaire…