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MERGER: Mikisew Group acquires Guthrie and service deal with Syncrude
FORT McMURRAY, Alta. – The Mikisew Group of Companies (MGOC) is pleased to announce that it has acquired Guthrie Industrial Services and Guthrie Mechanical Services. MGOC and Guthrie have worked together as partners through the Mikisew Guthrie LP (MGLP) for…
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VANADIUM: Regency’s plans to acquire Vanadium North receive conditional approval
VANCOUVER – Regency Gold received conditional approval from the TSX Venture Exchange for the previously announced acquisition of Vanadium North Resources. Back in February, the Vancouver-based miner entered into a definitive agreement to acquire all of Vanadium North’s issued and outstanding common…
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GOLD: Newmont Goldcorp is new name in gold mining
DENVER – The merger of Newmont Mining and Goldcorp has closed, adding a new name among the ranks of large gold producers – Newmont Goldcorp Corporation. The combined enterprise features a global portfolio of producing mines – Canada, the United…
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MERGER: Cementation acquires Terra Nova Technologies
SALT LAKE CITY, Utah – Cementation Americas has signed an agreement to acquire 100% of Terra Nova Technologies (“TNT”). Established in 1997 in San Diego, California, TNT subsequently added offices in Boise, Idaho, and Santiago, Chile0,) that have successfully served…
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GOLD: BCI opposes Goldcorp’s US$12 million retirement bonus for Ian Telfer
BRITISH COLUMBIA – British Columbia Investment Management Corp. says it will vote against the proposed merger of Goldcorp and Newmont Mining due to Goldcorp’s decision to award its chairman, Ian Telfer, a US$12 million retirement allowance. BCI, which provides investment management services to…
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GOLD: Ascot enters definitive agreement to acquire IDM Mining
VANCOUVER – Ascot Resources announced this week that it has entered into a definitive arrangement to acquire all of the issued and outstanding common shares of IDM Mining. In a press release, Ascot said that the goal behind the proposed acquisition is to…
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COMMENT: Dominion Diamond accepts sweetened offer from Washington Companies
YELLOWKNIFE, NWT – The management of Dominion Diamond Corp. has agreed to accept the sweetened takeover offer of the Washington Companies, the private company based in Missoula, Montana. In March, Washington offered US$13.50 per share, and the Dominion board turned…
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Endeavour Mining bids for Avnel Gold
Unless another gold miner like B2Gold (TSX: BTO; NYSE: BTG) or Randgold Resources (LON: RRS; NASDAQ: GOLD) sweeps in with a sweeter offer, the boards of both Endeavour Mining (TSX: EDV) and Avnel Gold Mining (TSX: AVK) have unanimously agreed to merge their two West Africa focused gold…
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First Cobalt proposes mergers with Cobalt One and CobalTech
Trent Mell of First Cobalt (TSXV: FCC; US-OTC: FTSSF) is making good on his promise to build a diversified portfolio of cobalt assets to capitalize on growing demand for the metal in battery production for the electric vehicle market. The president and CEO…
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Acquisition: Endeavour picks up Avnel Gold
Endeavour Mining is acquiring Avnel Gold Mining, which owns the Kalana gold project in Mali, in all-share transaction valuing Avnel at US$122 million. The friendly transaction has been approved by boards of both companies and offers a 52% premium to…
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Sibanye Gold to acquire Stillwater Mining for US$2.2 billion
Sibanye Gold (JSX: SGL), the largest producer of gold from mines in South Africa and among the top ten gold producers globally, will pay US$2.2 billion to acquire Stillwater Mining (NYSE: SWC), the only U.S. miner of platinum group metals and the largest primary producer…
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ACQUISITION: Two B.C. juniors merge
Auryn Resources Inc., and Homestake Resource Corporation have announced that the two companies have entered into a binding letter of agreement to which Auryn will acquire 100% of the Homestake shares. One of the keys to the agreement is the…
