VANCOUVER – Coeur Mining is investing $6.6 million to acquire 5.76 million common shares of Integra Resources at $1.15 per share. The private placement includes an agreement that will give Coeur participation rights to maintain its pro rata share ownership interest for two…
Analysts at CPM have studied the precious metals and commodities markets – including investment trends in mining equities – since the 1970s. This long and intimate involvement gives us insight into the transformations that clearly now are wracking the buy…
DEMOCRATIC REPUBLIC OF CONGO – China’s Yibin Tianyi is taking a 12% stake in Australia’s AVZ Minerals for A$14.1 million (US$9.6 million). The Perth-based mining company says it will use the funds to increase its ownership by 5% to 65% in the Manono lithium…
TORONTO – Gran Colombia Gold says Eric Sprott will invest $15 million in the company that has two producing mines in Colombia. The company will issue approximately 3.3 million units at a price of $4.60 per unit. The price represents…
QUEBEC – Newmont Goldcorp, based in Denver, has raised its stake in Montreal’s Sirios Resources to 19.9% from 15.9% with the purchase of approximately 5.4 million units at $0.20 per unit for a total of roughly $1.1 million. The purchase…
Less than a week after the Jan. 25 tailings dam collapse at Vale’s Feijao iron ore mine in Brazil that killed 251 people and left 19 missing, the Church of England Pensions Board, along with Sweden’s Public Pension Funds Council,…
ANTWERP – Members of the World Diamond Council are pushing for the pending conclusion of the Kimberley Process’ review and reform process, and the related call regarding the strengthening of the scope of the Kimberley Process Certification Scheme or KPCS.…
VANCOUVER – Crystal Lake Mining has completed the first tranche of a $1.5-million private placement, raising $1.4 million through issuing 4.8 million units at 30¢ apiece. Rob McEwen, chairman and chief owner of McEwen Mining, bought 1.67 million units for $500,000 through his wholly owned company, Evanachan.…
Sable Resources (TSXV: SAE) says agreements potentially worth up to $12.6 million with Osisko Gold Royalties (TSX: OR) will finance exploration across its projects for the next four years. Osisko is taking a 9.86% stake for $2.08 million in the junior grassroots explorer…
TORONTO – Minera Alamos has acquired a 16% interest in Prime Mining – formerly known as ePower Metals – after buying 9.45 million Prime shares at 30¢ per share on August 30. The transaction was part of an option agreement signed in June…
ALASKA – Northern Dynasty Minerals has closed its previously announced bought deal, raising $11.5 million for its 100% owned Pebble copper-gold project 300 km from Anchorage. (All figures in U.S. dollars.) The original offering was to raise $5 million, but…
MONTREAL – Natural Resources Canada wants to see Canada’s mining industry become leaders in green technology. To that end, the federal government is investing over $1.5 million in the Royal Institution for the Advancement of Learning at McGill University. The…