Osisko Gold Royalties Ltd
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COPPER: Taseko leaves 2020 guidance unchanged
VANCOUVER – Production at Taseko Mines‘ Gibraltar open pit mine in south-central B.C. has so far not been affected by the COVID-19 pandemic, with the operation producing 32.4 million lb. copper in the first quarter, up from 24.9 million lb.…
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DIAMONDS: Renard mine in Quebec to stay on care and maintenance
LONGUEUIL – Quebec’s first and only diamond mine will remain on care and maintenance, even though the province has given the go-ahead to restart mines as of Apr. 15. Stornoway Diamond says the decision is due to depressed market prices…
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MINING PEOPLE: Lucara, McEwen Mining, OceanaGold, Orla, Osisko, SRG
David Guerrero has been selected as the Argentine country manager for Alpha Lithium; Brad Nichol is now the company’s CEO and president. Darryl Jones has resigned as president and CEO but will remain on the company’s board. Karim Nasr is…
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MINING PEOPLE: Barrick, Galway, Osisko Gold Royalties, Pretium, Teck
Alex Klenman is now Arbor Metals’ director of corporate development with CEO duties transitioning to Mark Ferguson. Kenneth Williamson has been retained as a consultant to Argo Gold; Williamson is an independent geological consultant. Rich Haddock has deferred his retirement…
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GOLD: Talisker plans systematic approach at Spences Bridge
Talisker Resources was only listed on the Canadian Stock Exchange last April, but the junior holds more than 70% of the up-and-coming Spences Bridge belt in southwestern B.C. Talisker is a spinout of South America-focused explorer Sable Resources, which staked…
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MINING PEOPLE: ABB Canada, Argo Gold, Aurion, Calibre, Copper Lake, Genesis, Golden Predator, NorZinc, Osisko Gold, AME
ABB Canada has announced Eric Deschenes as country manager and head of electrification business effective Jan. 1, 2020. Eric joined the company in 2017 as executive vice-president of the electrification business. He is a professional…
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ZINC-LEAD: Osisko Metals sells 1.5% NSR royalty on Pine Point
MONTREAL – Osisko Metals announced that it has entered into an agreement with Osisko Gold Royalties to sell a 1.5% net smelter return royalty on the Pine Point project for $6.5 million. On October 15, Osisko Metals announced that it…
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GOLD: Talisker buys Bralorne from Avino, announces financing
BRITISH COLUMBIA – Talisker Resources announced it has entered into a purchase agreement with Avino Silver and Gold Mines to acquire a 100% interest in the 4,200 ha. Bralorne gold project 248 km northeast of Vancouver. Upon closing of the…
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Stornoway’s creditors keep Renard on life support
Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine continue to operate during corporate restructuring following the company’s failure to generate positive free cash flow in 2019. Stornoway entered into a letter of…
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GOLD: Osisko Gold Royalties to take over Barkerville Gold Mines
MONTREAL – Osisko Gold Royalties and Barkerville Gold Mines have signed a definitive agreement allowing Osisko to acquire all the issued and outstanding common shares of Barkerville. Osisko currently owns approximately 33% of Barkerville. Each Barkerville shareholder (excluding Osisko) will…
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GOLD: Pretium buys back Brucejack royalties from Osisko
VANCOUVER and MONTREAL – Pretium Resources, the owner and operator of the Brucejack gold mine near Stewart, B.C., has arranged to buy back the mine’s royalties currently held by Osisko Gold Royalties. Pretium will make a payment of US$31.2 million…
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DIAMONDS: Stornoway granted creditor protection
QUEBEC – Stornoway Diamond Corp. of Montreal has been granted protection under the Companies’ Creditors Arrangement Act from the Superior Court of Quebec while the company restructures its business and financial affairs. Protection is extended to subsidiaries Stornoway Diamonds (Canada),…
