Canadian Mining Journal

  • News

    GOLD: Yamana raises $178M on sale of Mercedes mine, warrants

    October 3, 2016 by Canadian Mining Journal

    TORONTO – Yamana Gold has fattened its treasury by $178 million with the sale of its Mercedes gold-silver mine in Sonora, Mexico, and the sale of Sandstorm Gold warrants. About $156 million is earmarked for debt reduction. The company continues

  • GOLD: Premier to buy Mercedes mine from Yamana

    August 3, 2016 by Canadian Mining Journal

    MEXICO – Premier Gold Mines of Thunder Bay, ON, has signed a definitive share purchase agreement with Yamana Gold of Toronto to acquire Yamana’s Mercedes gold-silver mine in Sonora state. Premier has agreed to pay US$140 million in cash and