Osisko Gold Royalties (OR-T) expands stake in Barkerville Gold Mines (BGM-V) Sean Roosen’s Osisko Gold Royalties has picked up a royalty and added to its stake in Barkerville Gold Mines through a $10.24-million private placement of 32 million flow-through common shares at 32 cents a share. Osisko will pay $25 million for the 1.5% NSR… Continue Reading
Barrick Gold – (ABX:TSX) – Barrick continues to deliver on its promise to reduce company debt by $3 billion in 2015. This morning Barrick announced they have sold non-core assets in Nevada for US$720 million in cash. On completion of the deal Barrick will have met its goal, with $3.2 million of asset sales, joint… Continue Reading
A look at a few mining headlines out this morning. Premier Gold and Barrick Gold hit high-grade gold at the South Arturo project in Nevada Initial drill assays from Kaizen Discovery at the Coppermine project A mining license for Sunridge Gold Premier Gold (PG:TSX) and Barrick Gold (ABX:TSX) – Impressive assays from the South Arturo project… Continue Reading
Young Mining Professionals is expanding its reach across Canada with the founding of a Toronto chapter, and the Vancouver-based group has lined up a mining legend for the occasion. YMP Toronto will kick off with a Distinguished Speaker Event on Oct. 7, 2015 featuring Peter Munk, the founder and former chairman of Barrick Gold, the… Continue Reading
A quieter day expected on the news front today as the US market is closed for the memorial day holiday. I did find a couple interesting news stories with my comments below. Barrick Gold – (ABX:TSX) – Barrick will be selling the Cowall Mine in Australia to Evolution Mining for $550 million US. Barrick will… Continue Reading
Via Energy and Gold.com: We have highlighted many head & shoulders bottom patterns during the past few months as oil and precious metals stocks have bottomed and begun to turn higher. I want to go into a bit more detail explaining the H&S bottom pattern, some of the theory and psychology behind it, and more… Continue Reading
