BC Liberals reaffirm province’s ‘mine-friendly’ image
VANCOUVER — It has been over two years since Christy Clark and the B.C. Liberals outlined a plan to make the province a national leader in job creation by 2015.
Canada
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.
TSX Venture Exchange, Jan. 6-10
The S&P/TSX Venture Composite Index closed in the green for a second straight week to start the year, as it jumped 2.3% — or 21.83 points during trading — en route to a 966.55-point close. Commodity futures were relatively…
Detour’s hard work pays off
The repair crew for Detour Gold (TSX: DGC; US-OTC: DRGDF) didn’t let the holidays get in the way of getting the job done.
Macquarie’s musings on M&A, gold in 2014
Analysts in the Toronto, Vancouver and London offices of Macquarie Equities Research are forecasting more consolidation in the mining industry this year, especially amongst producers, and calculate that the average premium paid in 15 mergers…
Hudbay unveils financing, 2014 guidance
Hudbay Minerals (TSX: HBM; NYSE: HBM) was among the first off the starting blocks this year with news of a $1-billion capital budget for 2014 — the lion’s share of which is earmarked for growth initiatives — and a $150-million…
Goldcorp nails 2013 guidance, predicts falling cash costs
VANCOUVER — Prominent Canadian gold miner Goldcorp (TSX: G; NYSE: GG) has proven to be more resilient in the face of falling precious metal prices than many of its peers. And if the company’s production guidance for 2014 is any…
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…
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…
Book excerpt: The life and times of Duncan Derry
The following is an excerpt from the newly published biography “Mining exploration – the life and times of Duncan R. Derry” by his son Douglas L. Derry. Over a half century, Duncan Derry travelled extensively internationally working as an…
TSX Venture Exchange, Dec. 27-Jan. 3
The S&P TSX Venture Composite Index continued its rally to start the new year, with a late-December run fueling a 2.8% or 25.7 point gain during the Dec. 27-Jan. 3 trading sessions en route to a 944.71 point close. Gains were driven by…
Fission ends 2013 with a bang
Since April 2013, Fission Uranium (TSXV: FCU; US-0TC: FCUUF) has released assay results from its Patterson Lake South discovery a total of 23 times—including in its most recent press release on the second last day of 2013.