Canadian Mining Journal


Investing


  • News

    OUTLOOK: Canadian Mining Eye points toward surging sector in Q1

    May 25, 2016 by Canadian Mining Journal

    TORONTO – EY‘s Canadian Mining Eye index gained 26% during Q1 2016, significantly outperforming the S&P/TSX composite index and the London Metal Exchange. This is a large turnaround compared to just a 2% gain in Q4 2015. The index’s gains

  • News

    FUNDING: Quebec government supports COREM

    May 24, 2016 by Canadian Mining Journal

    QUEBEC CITY – The government of Quebec has pledged $2.8 million over three years to COREM, the large Canadian organization devoted to mineral processing R&D. The grant was announced by Luc Blanchette, Quebec minister of mines and the MNA for

  • News

    COPPER: Altius closes $40M bought deal financing

    May 3, 2016 by Canadian Mining Journal

    ST. JOHN’S, NL – Altius Minerals Corp. has closed a $40 million bought deal financing. The company issued approximately 3.58 million common shares at a price of $11.25 per share. An over-allotment of 466,800 common shares was exercised by the

  • Raising capital in times of distress

    May 1, 2016 by Michelle Grant

    We’ve all heard the adage “cash is king,” but what can a company do to raise capital when the markets are effectively closed for business? The persistent down-cycle of the past five years has made raising external capital extremely challenging.

  • News

    SILVER: Silver Wheaton closes $550M bought deal to pay for Antamina stream

    April 7, 2016 by Canadian Mining Journal

    VANCOUVER – Silver Wheaton Corp. has closed a US$550-million bought deal common share financing consisting of 13.14 million shares at a price of US$16.60 each. The proceeds will be used to repay a portion of the loan drawn down for

  • News

    INVESTMENT: CPPIB pays US$2.5B for 40% of Glencore’s agriculture business

    April 6, 2016 by Canadian Mining Journal

    TORONTO – The Canada Pension Plan Investment Board (CPPIB) has purchased a 40% equity interest in Glencore’s agricultural business for US$2.5 billion payable upon closing. The transaction values the entire agribusiness unit at US$6.25 billion. Glencore’s agribusiness includes wheat, corn,

  • Feature

    Time for a mining rant

    April 1, 2016 by Rob McEwen*

    It’s time for a mining rant! Our most important audience, our shareowners, need to be given more respect. We, the management of the mining industry, have allowed the securities regulators, stock exchanges, lawyers, accountants and governments to confuse, abuse and

  • News

    SILVER-GOLD: Silver Wheaton picks up streams from Panoro Minerals

    March 22, 2016 by Canadian Mining Journal

    PERU – A subsidiary of Vancouver-based Silver Wheaton Corp. has agreed to purchase 100% of the silver production and 25% of the gold production from the Cotabambas advanced copper-gold-silver-molybdenum project. The project is wholly owned by Panoro Minerals, also headquartered

  • News

    LEAD-ZINC: Osisko takes $15.6M NSR in base metals mine

    March 21, 2016 by Canadian Mining Journal

    ARIZONA – Osisko Gold Royalties of Montreal is investing in a 1% net smelter royalty on lead, zinc and silver produced at Arizona Mining’s Hermosa advanced exploration project about 80 km southeast of Tucson. Osisko is paying US$10.0 million for

  • News

    BUDGET: AMQ welcomes Quebec budget

    March 21, 2016 by Canadian Mining Journal

    QUEBEC CITY – The Association minière du Québec is lauding the province’s latest budget for its support of exploration, infrastructure investment, and push to reduce energy costs. The AMQ has lobbied hard for the government to support the mining industry

  • PDAC 2016: Canadian bankers ponder future of mining finance

    March 16, 2016 by Canadian Mining Journal

    Debt, balance sheet repair and the availability of financing were the main themes of a panel discussion on capital markets at the Prospectors and Developers Association of Canada convention. Since the early 2000s, the top twenty gold companies have seen

  • News

    POTASH: Karnalyte secures phase one financing

    March 14, 2016 by Canadian Mining Journal

    SASKATCHEWAN – Calgary-based Karnalyte Resources has secured an agreement in principle with Gujarat State Fertilizers and Chemicals for US$700 million with which to build phase one of an in situ potash mine at Wynyard. The deal includes spinning-out Karnalyte’s secondary