Osisko Mining Corporation

Osisko continues to fend off Goldcorp’s hostile bid

Osisko Mining’s (TSX: OSK) CEO Sean Roosen maintains the company’s Canadian Malartic gold mine in Quebec is being grossly undervalued by Goldcorp (TSX:G; NYSE: GG) which launched a hostile US$5.95 per share takeover bid in…

TSX posts gains, Mar. 3-7

Disappointing jobs data in Canada showing that the economy shed 7,000 jobs in February — leaving the country’s unemployment rate unchanged at 7% — were offset by news of stronger employment numbers in the U.S. The S&P/TSX…

Toronto Stock Exchange, Jan. 27-31

The Canadian market fell slightly during the week after the latest move by the U.S. Federal Reserve to cut its stimulus program by another US$10 billion per month, given signs of improvement in the U.S. economy.

Toronto Stock Exchange, Jan. 13-17

Higher gold prices — up US$5.50 during the week to US$1,254.10 per oz. — helped lift the S&P/TSX Composite Index 1.02%, or 140.68 points, to 13,888.21. The S&P/TSX Global Gold Index climbed 6.67%, or 11.12 points, to 177.81;…

Osisko president and CEO Sean Roosen.

Osisko board slams Goldcorp offer

Osisko Mining’s (TSX: OSK; US-OTC: OSKFF) board has provided a long list of reasons why it believes its shareholders should reject the hostile $2.6-billion takeover bid tabled by Goldcorp (TSX: G; NYSE: GG) on Jan. 14. 

An aerial view of Osisko's Canadian Malartic mine. Credit: Osisko Mining

Goldcorp offers $2.6B in cash and shares for Osisko

Goldcorp (TSX: G; NYSE: GG) is launching a hostile $2.6-billion takeover bid for Osisko Mining (TSX: OSK; US-OTC: OSKFF) to acquire the smaller rival’s Canadian Malartic gold mine in Quebec, with many analysts arguing the…

Mining trucks at Osisko's Canadian Malartic gold mine in Quebec's Abitibi region. Credit: Osisko Mining

Editorial: Takeover bids, real and imagined

It’s been a tough couple of years for the gold-mining industry, so some much-needed comic relief came along at just the right time in mid-January in the form of a purported unsolicited, all-cash, $7.50-per-share bid for U.S. gold miner…

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