Investing News Network

By Charlotte McLeod This year’s Denver Gold Forum kicked off on Monday (September 24) with the news that major miner Barrick Gold (TSX:ABX,NYSE:ABX) plans to acquire Randgold Resources (LSE:RRL). The US$18.3-billion deal will create the world’s largest gold company by value as well as output, and was the talk of the show. Reactions to the […]

By Nicole Rashotte Great Panther Silver (TSX:GPR, NYSE American:GPL) has acquired gold producer Beadell Resources (ASX:BDR) in a scheme implementation deed worth US$105 million, the companies announced in a joint statement on Sunday (September 23). Under the terms of the deal, Beadell shareholders will receive 0.0619 common shares of Great Panther for each ordinary share

By Ashley Cowell Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) (“Bonterra”) and Metanor Resources Inc. (“Metanor”) (TSXV: MTO) are pleased to announce the closing today of their respectively announced plan of arrangements (the “Bonterra Arrangement” and the “Metanor Arrangement”). Pursuant to the Metanor Arrangement, Bonterra acquired all of the outstanding common shares of Metanor (the “Metanor Shares”).

By Ashley Cowell Telson Mining Corporation (TSXV:TSN, OTCBB:SOHFF) (“Telson” or the “Company”) is pleased to provide the following corporate update. Several scheduled upgrades were recently made in the mill processing plant installations, including among others: i) changing of ball mill liners with newly designed liners that allow for the replacement of the past 5″ ball

By Nicole Rashotte Canada’s Barrick Gold (TSX:ABX, NYSE:ABX) has agreed to buy Randgold Resources (LSE:RRS) in a US$18.3 billion share deal to create the world’s largest gold company by value and output, the companies announced in a joint statement on Monday (September 24). As per the agreement, each Randgold shareholder will receive 6.1280 new Barrick

By Anwesha Sengupta Macarthur Minerals Ltd (TSXV:MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce the closing of the first tranche of a non-brokered private placement (the “Offering”) as announced on August 16, 2018. The subscriptions for tranche one totalled 14,252,400 Units at a price of CAD$0.025 per Unit for aggregate gross proceeds of

By Ashley Cowell RNC Minerals (TSX:RNX) (“RNC”), is pleased to announce that a new exploration drive on 14 Level at its Beta Hunt Mine intercepted and recovered visible coarse gold (see figure 2), providing further proof of concept that the structures containing the “Father’s Day Vein” discovery extend 200 metres (25 meters up dip and

By Ashley Cowell Great Panther Silver (TSX:GPR; NYSE:GPL) (“Great Panther”) and Beadell Resources Limited (ASX: BDR) (“Beadell”) are pleased to announce that they have entered into a Scheme Implementation Deed (the “Implementation Deed”) dated September 23, 2018, pursuant to which Great Panther will acquire all of the issued ordinary shares of Beadell by means of

By Georgia Williams The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened on a positive note on Friday (September 21), up 12.86 points, to 16,227.61. The uptick was a result of a boost in energy stocks benefiting from the higher oil prices ahead of this weekend’s OPEC meeting in Algeria. The rising price of oil has been attributed

By Anwesha Sengupta Northern Sphere Mining Corp. (CSE:NSM) (OTC Pink:NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce the closing of the first tranche of its previously announced private placement. The Company issued 1,800,000 units of the Company (“Units”) at a price of $0.08 per Unit for aggregate gross proceeds of $144,000. Each Unit