Quebec is one of the most prolific gold mining jurisdictions in the world.  It is home to Canada’s largest gold mine, the Canadian Malarctic mine.  It is also home to a plethora of promising junior explorers and developers all of which hope to find the next gold mine. One of these companies has been quietly growing an impressive deposit in… Continue Reading

Sentiment in the mining sector got a huge boost earlier this year when Sean Roosen’s Osisko Mining was the target of a bitter bidding war between Goldcorp, Yamana and Agnico Eagle which ultimately saw the latter two companies co-acquire Osisko for $3.9 billion in the largest mining M&A deal of the year (so far). This morning,… Continue Reading

After the market closed today Rio Alto Mining (RIO:TSX), who is in the process of acquiring fellow Peruvian gold company Sulliden Gold (SUE:TSXV), announced they have successfully come to terms with Agnico Eagle (one of Sulliden’s largest shareholders) to acquire their 8.6% stake in the target.  Agnico Eagle has agreed to sell its interest in Sulliden for $1.10 per share or… Continue Reading

CTT data by YCharts Citation Resources Inc. | CTT:TSXV | 39,019,287 Shares O/S (basic) | $2,731,000 Market Cap | $.02 – $.14 Year Range | $.07 Last Trade There are numerous mineral belts endowed with many millions of ounces of silver and gold throughout Mexico.  However, none are more prolific than the Guerrero Gold Belt which is home to a significant amount… Continue Reading

When searching for opportunities in the junior sector, we like the focus to be on quantitative and empirical data. Sure, everyone likes a good anecdote about geologists kicking over rocks in the middle of nowhere, but the truth is nothing makes us happier than cold, hard numbers. The most difficult aspect of a company to… Continue Reading

A few notes from my friendly conversation with Kitco’s Alex Letourneau yesterday: M&A has been seen as a critical catalyst to get the junior mining sector going so I’m glad Goldcorp’s made a move on Osisko and I agree with the market that Goldcorp will sweeten their bid. The China Gold Stone Mining Development /… Continue Reading

CRITICAL UPDATE: Allied Nevada has called into question the credibility of the offer from China Gold Stone Development… ANV data by YCharts China Gold Stone Mining Developments Ltd., which owns three gold mines in China, began a tender offer for all of Allied Nevada’s outstanding shares for $7.50 per share in cash. The move represents… Continue Reading

VANCOUVER – Goldcorp Inc. (TSX:G) is making a $2.6-billion takeover play for Montreal-based Osisko Mining Corp. (TSX:OSK), which has an operating mine in northern Quebec and other projects in Ontario. Vancouver-based Goldcorp, which rivals Barrick Gold (TSX:ABX) in size, is offering a combination of stock and cash that values Osisko at C$5.95 per share —… Continue Reading

As the gold price continues to slump, two things in the gold market matter the most: grade and capex intensity.  Dalradian Resources (DNA:TSX) is developing an extremely high-grade Curraghinalt gold mine in northern Ireland and today announced an update on the permitting process there.  According to the release, the strategic planning division of the Department… Continue Reading