Oban Mining Corporation

News July 14, 2016

IDM’s Red Mountain moves closer to development

IDM Mining’s (TSXV: IDM) executive chairman couldn’t hide his excitement while talking about the updated preliminary economic assessment (PEA) at the Red Mountain gold project…

"Pretty much every time we do one of these deals we get a dozen calls the next day from people seeing whether they can do a deal with us," says Oban Mining president and CEO John Burzynski. John Burzynski

Financial Matters, M&A December 23, 2015

Oban capitalizes on downturn, buys more ground

With $70 million in cash and equivalents, Oban Mining (TSX: OBM) is quietly consolidating ground in the Abitibi by acquiring junior companies and properties in Ontario and Quebec.

A drill rig in 2010 at Northern Gold's Golden Bear gold project in northeastern Ontario. Credit: Northern Gold

Financial Matters, M&A November 18, 2015

Oban Mining to pick up Northern Gold

Northern Gold Mining (TSXV: NGM) is the fourth junior this year to sign a business combination agreement with Oban Mining (TSX: OBM), joining Eagle Hill, Ryan Gold and Corona Gold, which consolidated their properties in Ontario and Quebec under…

Commodities Markets, Financial Matters, M&A September 2, 2015

Analyst: Oban’s four-way merger should inspire weary juniors

Market realities are starting to bite, and the combination of Oban Mining (TSX: OBM) with three other companies is a good model to emulate at a time when most management teams in the junior mining sector are struggling to keep their…

Patrick Donnelly, First Mining Finance's president.

Financial Matters, M&A August 12, 2015

First Mining searches for the ‘sweet spot’

Newly listed First Mining Finance (TSXV: FF; US-OTC: FFMGF) is on a mission to secure quality assets at cheap prices.

Peter Harvey, senior project geologist, examines core samples at Temex Resources and Goldcorp's Whitney gold project in Ontario. Source: Temex Resources

Financial Matters, M&A, Stock Markets/Investing July 22, 2015

Lake Shore steps into M&A fray with Temex bid

VANCOUVER — Ontario-focused Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) has been one of the better turnaround stories over the past year, and now the company is looking to grow further. Lake Shore is spending $25 million on…

Flags mark historic drill holes at Oban Mining's Miller gold project, 18 km southeast of Kirkland Lake, Ontario. The outcrop shows an aphanitic syenite dyke (foreground), with intruding (darker) meta-basalts to the right. Source: Oban Mining

Financial Matters, M&A June 17, 2015

Oban Mining makes splash with plan for five-firm combo

Six years ago, John Burzynski, along with colleagues Sean Roosen and Robert Wares, won The Northern Miner’s Mining Persons of the Year award for their role in transforming Osisko Mining (TSX: OSK; US-OTC: OSKFF) from a junior — with…

Stock Markets/Investing June 17, 2015

TSX slumps, June 8-12

Renewed concerns over a potential Greek debt default and its effect on the euro pushed down Canada’s benchmark index. The S&P/TSX Composite Index fell 1.4% to 14,741.15. The S&P/TSX Global Gold Index dropped 3.2% to end at 154.27…

Workers at Torex Gold's core shack at the El Limon Guajes project in Mexico. Credit: Torex Gold

News May 27, 2015

Kidnappings highlight miners’ security risks

In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…

A field crew follows the Quebrada Cobre vein over mineralized boulders at Colombian Mines' Mercedes gold-silver-copper project in Colombia's Tolima province. Photo by Colombian Mines

Aboriginal Matters, Environment, Regulatory Issues August 13, 2014

Commentary: Why Colombia hasn’t lived up to its mining promise

Mining in Latin America has had an outstanding period of growth in the last two decades, but is now facing many challenges. These challenges vary from country to country, as well as region to region within each country.