Posts Tagged ‘deal’

Aurizon Mines (TSE:ARZ) jumped more than 10% on Wednesday despite the absence of fresh news. The cash-rich Quebec miner earlier this month announced a record year for gold production and strong growth prospects. 2012 is expected to be a particularly busy year for gold M&A activity as the majors seek out new supply and most of the companies in the sector throw off cash Full story

Pan American Silver is buying Minefinders for $1.5 billion in a cash and stock deal. Markets reacted negatively to the news with Pan American today losing 8.67% of its value and falling to $22.85 a share in morning trading Full story

Today I’m talking with Rock Lefrancois, P.Geo., President and Chief Operating Officer for NioGold Mining Corp TSX.V-NOX. Rock has over 25 years of experience in the search for and valuation of various types of precious and base metal deposits across the North and Central American Cordilleras and the Abitibi Greenstone Belt. He has served as senior geologist for mid-tier mining companies, notably Cambior and ... Full story

Watching a hotly contested takeover unfold is enough to make a person's head spin. The Lundin-Inmet-Equinox-Minmetals-Barrick saga is a case in point. Now the end is near and the deal looks better since Barrick Gold of Toronto has made a friendly, Full story

Yellowhead Mining has raised $20 million through bought-deal financing, the B.C.-based company exploration company announced earlier this week. Under the deal, Yellowhead is selling 13.8 million shares at CDN$1.45 per unit, with each unit including a common share and one-half of a warrant. Full story

KazakhGold said Tuesday its $509m deal to allow Polyus Gold to sell some of its assets to the Assaubayev family has been held up because the Assaubayev's have failed to raise enough capital for the deal's first stage Full story

Arafura Resources (ASX: ARU) continues a main focus on rare earths with the non-core asset sale of the Mt Porter Gold project to Global Mineral Resources. Full story

MRC Allied Inc. is close to sealing a deal to acquire gold and copper mining projects in Mindanao, an individual familiar with the deal said. Full story

Gold American Mining Corp. of Reno says it decided not to exercise an option to purchase two mining concessions in the Mexican state of Sonora. Full story

From Resourceinvestor.com: If you are at all attuned to the gold-stock sector, youve likely noticed a pickup in activity on the deal-making front this year. Full story