Canada’s Endeavour Mining (TSX: EDV), already West Africa’s top gold producer, has agreed to buy Teranga Gold (TSX: TGZ) in an all-share deal worth $2.44 billion (US$1.86 billion), which would create a top 10 gold producer. The Toronto-based miner is…
OTTAWA and TIMMINS, Ont. – J.L. Richards & Associates Limited (JLR) announced today that it has acquired Timmins-based engineering firm Porcupine Engineering Services (PES). This exciting strategic integration will allow JLR to expand its existing team in Timmins and offer…
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…
AUSTRALIA – The principal of corporate advisory firm PCF Capital, Liam Twigger, said this week that the global equities pool for mining has divided into a two-speed market where survival will now depend on getting bigger through acquisition as the…
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…
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…
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…
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…
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…
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…
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…
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…