OceanaGold (TSX: OGC; ASX: OGC) is offering to buy Romarco Minerals (TSX: R) in an all-share $856 million deal to secure low cost growth with the junior’s Haile gold mine, which is currently under construction.
MELBOURNE, Australia, and TORONTO – OceanaGold Corp. and Romarco Minerals have agreed to a deal that will see OceanaGold acquire all of the issued and outstanding Romarco common shares. The all-share deal puts a value of about C$856…
The money markets have been miserly for many juniors as of late. But if you are a gold producer – Detour Gold, Osisko Gold Royalties, Primero Mining or Richmont Mines – it seems as if investors can’t wait to give you money.
VANCOUVER — The South Carolina Department of Health and Environment Control (SCDHEC) has received a request for review of the mine operating permit for Romarco Minerals’ (TSX: R) proposed Haile gold mine. The review filed by the Sierra…
SOUTH CAROLINA – Toronto-headquartered Romarco Minerals has secured a US$200 million, 8.5-year senior financing for its Haile gold mine development in Lancaster County. Letters have been signed with Caterpillar Financial Services,…
Cylindrical brick stacks poking out of the barren hill sides can be seen from miles away. But curiously, they don’t attach at the base to any grand warehouse or factory.
VANCOUVER – A new resource estimate for the Back Forty project in Michigan has boosted the deposit’s metal grades, but despite the improvement there is no work underway at the site because project operator Hudbay Minerals suspended the…
SOUTH CAROLINA – Romarco Minerals of Toronto, has updated the resource estimate for its Haile gold mine in Lancaster County. Measured and indicated resources increased 29% to 4.0 million oz of gold in 53.4 million tonnes averaging 1.82 g/t Au….
Tim Miller has joined Vancouver-based Atacama Minerals as its new president and CEO, effective Dec. 1, 2009, u…
Past chief of the Fond du Lac Denesuline First Nation, Victor Fern, has been elected to the board of Vancouver’s CA…
The world’s largest publicly traded, stand-alone molybdenum producer, BLUE PEARL MINING of Toronto, has named Kevin…
One can only guess at what New Years resolutions Canadian mining companies are making for 2006. A quick look back a…