Matamec splits gold and energy projects into two companies
Montreal-based Matamec Explorations (TSXV: MAT) is dividing its gold and energy-related projects into two entities in hopes of gaining more traction among investors. “Our strategy…
Goldcorp Inc.
The Northern Miner podcast – episode 33: Ring of Fire and political roundup
Matt and Lesley are back with a Ring of Fire edition of the Geology Corner! We talk Noront Resources’ (TSXV: NOT) regional consolidation and dig into…
Tahoe’s Q2 earnings beat expectations
Tahoe Resources (TSX: THO; NYSE: TAHO) shares rose nearly 6% on the back of solid second-quarter earnings, leaving investors and analysts cheering. The Reno, Nev.-based…
Silver Wheaton paying US$800M to raise Salobo gold stream to 75%
Silver Wheaton (TSX: SLW; NYSE: SLW) is offering a subsidiary of Vale (NYSE: VALE) US$800 million to buy another 25% gold stream from the Salobo…
Gold majors deliver Q2 results
Many companies published their second-quarter earnings on July 27, including gold miners Barrick Gold (TSX: ABX; NYSE: ABX), Agnico Eagle Mines (TSX: AEM; NYSE: AEM),…
lonore could be Goldcorp’s next gem
In one of the world’s most attractive mining jurisdictions lies Goldcorp’s (G-T, GG-N) Éléonore gold project in the northeast corner of the Opinaca reservoir in Quebec’s James Bay region.
Goldcorp on the cusp of announcing details of updated study for lonore
When Goldcorp (G-T, GG-N) acquired Éléonore in March 2006 from what is now Virginia Mines (VGQ-T) in a US$425-million deal, the project had no reserve or resource estimate, just a lot of speculation on how big it was going to get…
U.S. stocks rise after Egypt’s Mubarak steps down in Feb. 7-11 period
Increasing consumer confidence led to a second straight weekly advance for U.S. stocks. Oil prices fell on news that Egyptian President Hosni Mubarak finally resigned and handed power over to the military, removing some of the uncertainty and…
TSX pulls back as gold falls over Jan. 4-7 trading period
The resource-heavy TSX closed out its first week of the New Year for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin. However, by the end of the week, stocks…
Tahoe raises $352 million on the back of Escobal
Tahoe Resources (THO-T) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities. The private placement financing is just shy of 25 million…
Escobal – A major silver discovery in Guatemala
Led by Kevin McArthur, a former CEO of Goldcorp and Glamis Gold, Tahoe Resources (tho-t) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal project in Guatemala….
Goldcorp hikes dividend payment on record cash flow
Despite a 2% decline in gold production from the last quarter, Vancouver-based Goldcorp (g-t, gg-n) posted a s…