Mining News and Commentary

BCI opposes Goldcorp’s $12m retirement bonus for Ian Telfer

British Columbia Investment Management Corporation will vote against the proposed merger of Goldcorp and Newmont due to Goldcorp’s decision to award its chairman a $12m retirement allowance.

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Osisko Metals re-analyzes Key Anacon, seeks greenfield targets

The company has applied an innovative geological analysis of the Key Anacon deposit and the Bathurst Mining Camp, and pinpointed 10 new greenfield exploration targets.

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Newmont offers special dividend if Goldcorp takeover approved

The one-time special dividend, worth $470 million, will be given to Newmont’s shareholders only if its friendly takeover of Canada’s Goldcorp is approved.

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CanAlaska Uranium to buy past-producing nickel mine in Manitoba

The Manibridge nickel deposit was first discovered in 1963 and it sits on the Thompson Nickel Belt, the fifth largest and third highest grade sulphide nickel belt in the world.

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Buyer of Newmont Lake property must have funds to support exploration program: Romios

Crystal Lake Mining is supposedly undertaking a private placement financing to fund the exploration program.

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