Canadian Mining Journal


  • News

    RARE EARTHS: Plan Nord invests in separation technology

    March 3, 2016 by Canadian Mining Journal

    QUEBEC – Montreal-based GeoMegA Resources has the support of the Quebec government for the development of rare earths separation technology. As part of the Plan Nord program, and of the Réseau Capital Baie-James, specifically the Société de développement de la

  • News

    COMMENT: The best of places, the worst of places

    March 1, 2016 by Marilyn Scales

    Calgary’s Fraser Institute has released its latest ranking of the best and worst places to be a miner. Every year the organization takes a global look at where governments encourage the mineral industry based on government policies that affect  investment

  • News

    GOLD: Pretium raises final $130M for Brucejack

    March 1, 2016 by Canadian Mining Journal

    BRITISH COLUMBIA – Vancouver-based Pretium Resources has closed the sale of about 28.4 million common shares, raising US$130.0 million to be used for the development of the Brucejack gold project 65 km north of Stewart. The shares carried a price

  • News

    Taseko’s proxy battle with Raging River gets heated

    March 1, 2016 by Canadian Mining Journal

    VANCOUVER — Taseko Mines (TSX: TKO; NYSE-MKT: TGB) is in the midst of a proxy battle with upstart activist shareholders Raging River Capital, which has led to a flurry of press releases and a potential defamation law suit. Raging River requisitioned a

  • News

    GOLD: Goldcorp abandons monthly dividend

    February 29, 2016 by Canadian Mining Journal

    VANCOUVER – Goldcorp has abandoned the monthly dividend payments it has made since it was founded in favour of a quarterly disbursement beginning in June 2016. At the same time the annual dividend is reduced to US$0.08 per share, to

  • News

    GOLD: Kinross arranges $250M bought deal financing

    February 24, 2016 by Canadian Mining Journal

    TORONTO – Kinross Gold Corp. has arranged a bought deal offering of 83.4 million common shares at a price of US$3.00 each for gross proceeds of approximately US$250 million. TD Securities and Scotiabank are leading the syndicate that will provide

  • News

    GOLD: Goldcorp invests in Cheechoo project

    February 23, 2016 by Canadian Mining Journal

    QUEBEC – Vancouver-based Goldcorp has agreed to purchase 7.4 million units of Montreal’s Sirios Resources, the 45% owner and operator of the Cheechoo gold project in the James Bay area, near Goldcorp’s Eleonore gold mine. The investment is worth $962,000.

  • News

    Cutifani strives for ‘new’ Anglo American after tough 2015

    February 22, 2016 by Canadian Mining Journal

    In a video message to shareholders, Anglo American (US-OTC: AAUK; LSE: AAL) CEO Mark Cutifani said the company will dispose of an additional US$3-$4 billion in assets this year after posting a net loss of US$5.5 billion in 2015. Underlying earnings before

  • News

    GOLD-SILVER: Franco-Nevada seals $800M financing for streaming deal with Glencore

    February 11, 2016 by Canadian Mining Journal

    PERU – Swiss mining giant Glencore is chipping away at its debt, and its latest move is the sale of a gold and silver stream from the Antapaccay copper mine to Franco-Nevada Corp. of Toronto. Antapaccay is a brownfield expansion

  • News

    VRIC 2016: Junior uranium execs pitch rebound in uranium market

    February 11, 2016 by Canadian Mining Journal

    VANCOUVER — The CEOs of three North American uranium juniors took to the stage during an open panel session at the Vancouver Resource Investment Conference in January to discuss the broader uranium market and argue why it is due to

  • News

    GOLD: Osisko bulks up treasury, adds $200M

    February 9, 2016 by Canadian Mining Journal

    MONTREAL – Osisko Gold Royalties has announced a $150-million bought deal financing and a $50-million investment by Ressources Québec (a subsidiary of Investissement Québec), money that will bulk up the corporate treasury to fund royalty and streaming deals. The bought

  • Feature

    Metals streaming is a financial option

    February 1, 2016 by Robert Mason

    In the face of one of the worst commodity and equity markets in recent memory, metals streaming has become one of the few financing options available for mining companies in Ontario. While streaming has been with us for more than