Canadian Mining Journal


Investing


  • News

    GOLD: Guyana Goldfields increases equity offering to $130M

    June 27, 2016 by Canadian Mining Journal

    GUYANA – Toronto-based Guyana Goldfields has increased its public offering to $130 million through the sale of 13.83 million shares priced at $9.40 each. The underwriters, let by BMO Capital Markets, Scotiabank and RBC Capital Markets, will purchase 12.83 million

  • News

    Editorial: Uncertainty on the horizon in the Yukon

    June 27, 2016 by Canadian Mining Journal

    VANCOUVER — The winds of legislative change out of Ottawa are shifting regulatory expectations for natural resource development across Canada, and the Yukon government is feeling the impact. The Trudeau Liberals have expressed a desire to rejuvenate Canadians’ “trust in

  • News

    GOLD: TomaGold partners with Goldcorp at Sidace Lake project

    June 23, 2016 by Canadian Mining Journal

    ONTARIO – TomaGold Corp. of Montreal has bought up a 39.5% interest in the Sidace Lake project from Planet Exploration. Goldcorp holds the remaining 60.5% of the project 25 km northeast of Balmertown in the Red Lake mining camp. In

  • News

    GOLD: Endeavour Mining launches $125M bought deal

    June 22, 2016 by Canadian Mining Journal

    PARIS – Endeavour Mining has entered into a bought deal that will raise $125 million with a syndicate of underwriters led by BMO Capital Markets. The underwriters have agreed to buy 6.25 million common shares at a price of $20.00

  • COPPER-NICKEL: Northern Shield teams up with South32 at Huckleberry

    June 16, 2016 by Matthew Keevil, The Northern Miner

    VANCOUVER — A commitment to strong science has paid off for junior Northern Shield Resources at its greenfield Huckleberry copper-nickel discovery in the southern Labrador Trough. On June 7, the company announced an option agreement wherein Australian-based mega-miner South32 could earn a 70% interest

  • AIRBORNE SURVEY: Partnership to conduct geophysical surveys of Ontario sites

    June 15, 2016 by Canadian Mining Journal

    Prosper Gold Corp. has just announced that it has partnered with CGG Multi-Physics for a comprehensive program of airborne geophysical surveys at both its Ashley Gold and Matachewan Projects in Ontario. The CGG surveys will characterize mineralization potential from surface

  • News

    GOLD: IAMGOLD intersects a second gold zone on the Monster Lake project

    June 15, 2016 by Robert Seagraves

    TORONTO – IAMGOLD Corporation today provided an update from its ongoing exploration program at its optioned Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada.  The company is reporting final assay results from the 2016 winter diamond drilling program completed in

  • News

    URANIUM: CEF provides $60M for work on Nexgen’s Arrow deposit

    June 2, 2016 by Canadian Mining Journal

    SASKATCHEWAN – CEF Holdings Ltd. is investing US$60 million in Nexgen Energy of Vancouver to support work on the Arrow uranium deposit at the Rook I project in the Athabasca Basin. CEF and its affiliates have agreed to purchase that

  • News

    GOLD: Rob McEwen boosts interest in Abitibi Royalties

    June 2, 2016 by Canadian Mining Journal

    QUEBEC – Rob McEwen has boosted his interest in Abitibi Royalties of Val d’Or with the purchase of 439,084 Abitibi shares for approximately $2.3 million. That increases his interest in the company to 12.3% from 8.7%. Abitibi president and CEO

  • News

    GOLD: Premier enters into $45M arrangement with Orion

    May 31, 2016 by Canadian Mining Journal

    THUNDER BAY, Ontario – Premier Gold Mines has entered into a US$45 million financing deal with Orion Mine Finance, and the arrangement can be increased to US$400 million should the appropriate acquisition or development opportunity arise for Premier. This is

  • News

    Golden Predator attracts heavy hitters Albert Friedberg, Rob McEwen & Pat DiCapo

    May 31, 2016 by Canadian Mining Journal

    Albert Friedberg and his Friedberg Mercantile Group were listed among the top 40 highest earning hedge fund managers in the world by Forbes magazine in 2011. More recent rankings weren’t immediately available, but when the Toronto-based trader with billions of

  • News

    CanAlaska’s diamond play attracts $20M option from De Beers

    May 26, 2016 by Canadian Mining Journal

    VANCOUVER — Prospect generator CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) is not commonly associated with diamonds, but on May 18 it announced a $20.4-million option agreement with De Beers Canada on 75 “kimberlite-style” targets staked in Saskatchewan’s northwestern Athabasca basin. The company acquired the claims