Agnico Eagle reports solid second quarter
Agnico Eagle Mines (NYSE, TSX: AEM) reported on July 29 a near four-fold increase in quarterly profit, owing to a surge in gold prices and…
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Financial Matters, M&A
Copper Mountain shares up on strong Q2 results
Copper Mountain Mining (TSX: CMMC) exceeded its revised operating plan for the second quarter of 2020, the Vancouver-based miner announced on Wednesday. The company operates three…
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Exchange rates continue to impact mining salaries
Employment in the mining industry is highly specialized and as a result, retaining skilled staff is challenging. These employees are often the most valuable asset…
Exchange rates continue to impact mining salaries Read More »
Private capital raised for mining falls to 8-year low
Fundraising for mining and metals investment slowed dramatically in 2019, falling to an eight year low, according to a new report by private capital tracker…
Private capital raised for mining falls to 8-year low Read More »
Commentary: George Salamis on ‘why it’s going to be good to be a junior miner in 2020’
It’s the end of the year and the end of the decade. Cue all the flashbacks and 2020 predictions … 2020 will mark the resurgence…
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Teranga Gold buys Barrick’s Massawa project in Senegal
Barrick Gold (TSX: ABX; NYSE: GOLD) is selling its 90% stake in the Massawa gold project in Senegal to Teranga Gold (TSX: TGZ’ US-OTC: TGCDF)…
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Cleveland Cliffs to acquire AK Steel in all-share deal worth US$1.1B
U.S. iron ore producer Cleveland Cliffs (NYSE: CLF) is acquiring AK Steel (NYSE: AKS) in an all-share transaction valued at about US$1.1 billion. Cliffs, North…
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Zijin Mining to acquire Continental Gold for $1.4B
In the latest mega-deal sweeping the gold sector, Zijin Mining Group is buying Continental Gold (TSX: CNL; US-OTC: CGOOF) for $1.4 billion in cash. The …
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Kirkland Lake Gold to acquire Detour Gold in all-share deal worth $4.9 billion
Kirkland Lake Gold’s (TSX: KL; NYSE: KL) proposed $4.9 billion all-share acquisition of Detour Gold (TSX: DGC) and its open-pit mine in northeastern Ontario will…
Kirkland Lake Gold to acquire Detour Gold in all-share deal worth $4.9 billion Read More »
Stornoway’s creditors step in to save Renard
Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company’s failure…
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