Newmont Mining Corporation

The plant site under development at Romarco Minerals' Haile gold mine in South Carolina. Source: Romarco Minerals

OceanaGold bids $856M for Romarco Minerals

OceanaGold (TSX: OGC; ASX: OGC) is offering to buy Romarco Minerals (TSX: R) in a friendly all-share, $856-million deal to secure low-cost growth in the form of the junior’s Haile gold mine, which is under construction in South Carolina.

Mills spinning at Kirkland Lake Gold's Macassa gold mine in Ontario. Source: Kirkland Lake Gold

Gold stocks that soared in 2015’s H1

Several gold producers have registered strong share price gains during the first half of 2015, despite price pressure on the yellow metal. The spot gold price dipped 0.7% from last year’s close to end June 30 at US$1,174 per oz. It has…

US equities rise, June 15-19

U.S. stocks eked out gains, despite concerns about whether Greece would reach a deal with its lenders to avoid a default. The Dow Jones Industrial Average climbed 0.6% to 18,014.28, while the S&P 500 Index added 0.7% to 2,109.99. The Nasdaq…

US stock indexes flat, June 8-12

Concerns over a stalemate in Greece’s debt talks and improving economic data in the U.S. that could accelerate interest rates kept the lid on U.S. equities during the trading week. The Dow Jones Industrial Average advanced 0.3% to finish…

Processing facilities at OceanaGold's Didipio gold mine in the Philippines.  Source: OceanaGold

OceanaGold fires on all cylinders

There aren’t many companies in the mining sector these days that can pay off large chunks of debt from operating cash flow and embark on sizable acquisitions at the same time. But OceanaGold (TSX: OGC) is one of them.

Nordgold CEO Nikolai Zelenski (left) and Columbus Gold CEO Robert Giustra at a drill site at the Paul Isnard gold project in French Guiana. Credit: Columbus Gold

Columbus Gold to launch $20M program

Over the next year, Columbus Gold (TSXV: CGT; US-OTC: CBGDF), a small junior with a market cap of just $64 million, will oversee $20 million invested in exploration and development at its two gold projects, Paul Isnard in French Guiana and…

A portal at Klondex Mines' Midas gold-silver mine in Nevada. Source: Klondex Mines

Klondex adds life to Midas with aggressive drilling

When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…

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