Canadian gov’t orders national security review of Shandong-TMAC deal
Months after shareholders of TMAC Resources (TSX: TMR) approved a takeover of the company by China’s Shandong Gold Mining, the federal government has ordered a…
TMAC Resources Inc
‘It’s giving back’: Banyan Gold CEO Tara Christie on her lifelong roots in the Yukon
Banyan Gold (TSXV: BYN) president and CEO Tara Christie was juggling the impact of COVID-19 on the industry, and at the same time, began a…
Shandong Gold to buy TMAC Resources for US$149M
In the latest Chinese acquisition of a Canadian gold miner, Shandong Gold is buying TMAC Resources (TSX: TMAC) and its Hope Bay gold project in…
Commentary: Canada Emergency Wage Subsidy should extend to all active mining operations
Even before COVID-19 had been declared a pandemic, the mining industry in Canada’s northern territories was facing challenging circumstances. The ongoing protectionist trade wars were…
TMAC releases Hope Bay study
TMAC Resources (TSX: TMR) has released key results from a prefeasibility study completed for its wholly owned Hope Bay gold project in Nunavut. This latest…
Will Canadian miners rise again?
The flurry of M&A transactions last year brought a much-awaited consolidation of the global gold sector. It also brought significant changes to the Canadian mining…
TMAC launches strategic review of Hope Bay
Production in the fourth quarter at TMAC Resources’ (TSX: TMR) Hope Bay mine in Nunavut were at the low end of expectations, and the company…
Maverix proves skeptics wrong
In the three and a half years since Geoff Burns cofounded Maverix Metals (TSX: MMX; NYSE-AM: MMX) with CEO Daniel O’Flaherty in July 2016, the…
St Barbara to acquire Atlantic Gold for $802M
Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million….
TSX down, April 29-May 3: Anglo Pacific, TMAC, Centerra, Orocobre
The S&P/TSX Composite Index fell 0.72% to 16,494.43. Spot gold finished the trading week at US$1,278.50 per oz., down US$7.40 per oz., or 0.60%. The…
TSX rises slightly, Oct. 2-6
Canada’s benchmark index rose $93.38 to 15,728.32, a 0.60% change, while the S&P/TSX Global Mining Index rose 3.38% to 68.45 and the S&P/TSX Global Gold…
TMAC tackles gold recovery issues at Hope Bay
VANCOUVER — TMAC Resources (TSX: TMR; US-OTC: TMMFF) has slashed annual production estimates and suspended cost guidance at its wholly owned Hope Bay gold project in…