Canadian Mining Journal

  • News

    Denison moves to lock down 100% of Wheeler River project

    May 4, 2021 by MINING.COM Staff

    Denison (TSX: DML) announced on Tuesday that it has delivered an offer to Overseas Uranium Resources Development to acquire a 100% interest in its subsidiary JCU (Canada) Exploration Company for $40.5 million in cash, more than tripling the $12.5 million

  • News

    Fortuna Silver to buy Roxgold in $884M deal

    April 26, 2021 by Cecilia Jamasmie

    Canada’s Fortuna Silver Mines (NYSE: FSM, TSX: FVI) is buying fellow miner Roxgold (TSX: ROXG) in a cash-and-stock deal valued at about C$1 billion ($884.32 million), as strong gold prices spurs a wave of mergers and acquisitions in the sector. Vancouver-based

  • Endeavour Mining to buy Teranga Gold, creating top 10 gold miner

    November 16, 2020 by Cecilia Jamasmie

    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

  • TAKEOVER: JLR acquires Porcupine Engineering

    October 2, 2019 by Canadian Mining Journal

    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

  • GOLD: Osisko Gold Royalties to take over Barkerville Gold Mines

    September 23, 2019 by Canadian Mining Journal

    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

  • OUTLOOK: Valuation gaps create M&A necessities, says advisor

    September 5, 2019 by MINING.COM Staff

    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

  • News

    MERGER: Mikisew Group acquires Guthrie and service deal with Syncrude

    May 8, 2019 by Canadian Mining Journal

    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

  • VANADIUM: Regency’s plans to acquire Vanadium North receive conditional approval

    May 6, 2019 by MINING.COM Staff

    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

  • News

    GOLD: Newmont Goldcorp is new name in gold mining

    April 18, 2019 by Canadian Mining Journal

    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

  • News

    MERGER: Cementation acquires Terra Nova Technologies

    March 25, 2019 by Canadian Mining Journal

    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

  • News

    GOLD: BCI opposes Goldcorp’s US$12 million retirement bonus for Ian Telfer

    March 25, 2019 by Northern Miner Staff

    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

  • GOLD: Ascot enters definitive agreement to acquire IDM Mining

    January 10, 2019 by MINING.COM Staff

    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