Junior Mining News

Viceroy says it’s shorting Canadian miner Pretium

By Bloomberg News Viceroy Research said it’s shorting Pretium Resources Inc., arguing the company has artificially inflated the value of its Canadian gold mine, which risks being taken over by creditors in coming months. The New York-based short seller — which rose to prominence last year with research into financial irregularities at South African retail […]

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Leaders in raising capital in 2017

By Vladimir Basov Adequate financing is crucial for companies, especially for those working in such a capital-intensive industry as mining. Very few companies working in the Mining & Metals sector, even those with producing assets, can finance their operating, capital, exploration, development, and other expenses with cash-flow generated by commodity sales and other revenue-generating activities.

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Enforcer Gold is Moving On to More Promising Projects

By Danielle Adams According to an article on Motherlode TV, Enforcer Gold Corp. (TSXV:VEIN) has a strong management team that knows when to cut its losses. After receiving some promising assay results situated in a discouraging distribution pattern, Enforcer Gold decided to terminate their interest in the Montalembert gold project in Quebec in August. “Although

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Osisko acquires additional Gold Royalty on Barkerville’s Cariboo Gold Project in Canada

By Globe Newswire MONTRÉAL, Sept. 06, 2018 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (“Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a second amended and restated royalty purchase agreement (the “Agreement”) with Barkerville Gold Mines Ltd. (“Barkerville”) pursuant to which it will acquire an additional 1.75% net smelter

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Cornerstone Decides not to Proceed with Plan of Arrangement

By Scott Tibballs Cornerstone Capital Resources (TSXV-CGP) has announced that, given the ongoing delays faced by the company in obtaining certain approvals, the board of directors has decided not to proceed with the previously announced plan of arrangement at this time. The plan of arrangement, which was first announced on July 13, 2017, would have

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Embattled Acacia Mining lets partner up stake in Nyanzaga gold project

By Cecilia Jamasmie Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country’s administration, said Thursday its project partner in the Nyanzaga gold project, Australia’s OreCorp (ASX:ORR), had secured government approval to increase its interest in the asset to 51%. The agreement, which will see OreCorp Tanzania invest $14 million

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Nordic Gold Reaches Agreement to Amend its Pre-Paid Forward Gold Purchase Agreement and Plans $10 Million Equity Financing

By Ashley Cowell Nordic Gold Corp. (TSXV:NOR) (“Nordic” or the “Company”) today announced that it has agreed to terms with PFL Raahe Holdings LP (“PFL”) to amend certain provisions of the Pre-Paid Forward Gold Purchase Agreement (the “Agreement”) dated November 10, 2017 between PFL and the Company – which Agreement provided Nordic with US$20.6 million

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