Focus on the positive: M&A and strong metal prices in the year ahead
With rising Covid-19 infections, a new and more infectious variant of the virus, and a vaccination rollout slower than most would like, along with the…
Agnico Eagle Mines
Agnico snaps up Nunavut miner TMAC in friendly deal
Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources (TSX: TMR) by China’s Shandong Gold Mining, TMAC…
Rupert Resources’ Ikkari target continues to grow
Since 2019 Rupert Resources (TSXV: RUP) has made six discoveries at its 100%-owned Pahtavaara gold project in Finland’s Central Lapland Greenstone belt – all of…
Amex Exploration has ten drills turning at Perron project
Amex Exploration (TSXV: AMX; US-OTC: AMXEF) is on track to complete the remaining 148,000 metres of its 300,000 metre fully funded drill program in 2021…
Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in…
Yamana raises dividend 50% on blowout earnings
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) announced drill results that provide further support for the development of a future underground operation at the…
Young Mining Professionals announces 2020 scholarship winners
Young Mining Professionals (YMP) has announced its 2020 scholarship recipients. A total of $61,500 in scholarships has been awarded to students studying mining-related programs in…
O3 Mining advances gold projects in Quebec
O3 Mining (TSXV: OIII) completed a preliminary economic assessment (PEA) of its Marban gold project in Quebec after only four months, and is on track…
US markets climb, Oct. 12-16
The Dow Jones Industrial Average rose 0.07% to finish the week at 28,606.31, and the S&P 500 climbed 0.19% to 3,483.81. Spot gold dropped US$30.90…
Agnico invests $6.2M in Maple Gold Mines, signs JV
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is investing $6.2 million into Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) as the two companies announced they’ve…
TSX up, Sept. 28-Oct. 2
The S&P/TSX Composite Index rose 0.83% to 16,199.25 during the Sept. 28-Oct. 2 trading week. The S&P/TSX Global Mining Index increased 0.14% to 96.25, and…
Newmont and Agnico Eagle team up in Colombia
Newmont Mining (TSX: NGT; NYSE: NEM), the world’s largest gold producer, and Canada’s Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have formed a 50-50 joint…