Carlin Trend gold explorer Gold Standard Ventures (GSV-V) landed a C$16.1-million investment from Goldcorp (G-T) this morning, fortifying its treasury to explore and build ounces in Nevada’s Railroad-Pinion district. The deal was done at $1/share, a gravity-defying 11% premium to Friday’s closing price. Goldcorp takes a 9.9% stake on an increasingly crowded shareholder registry. OceanaGold… Continue Reading

Good morning, investors. Time to go long baby formula and diapers? Chinese couples will now be allowed to have two children after the country’s Communist leadership lifted a one-child policy instituted in 1980 to address fears of a population boom. The population boom happened anyway but now economic concerns have taken centre stage`. China is facing the… Continue Reading

Goldcorp Inc. has been very active on the M&A front over the last few years, spinning off non-core assets and replacing them with better ones. The company wants to make more upgrades to its mine portfolio, and RBC Capital Markets analyst Stephen Walker fully expects to see some deals in the months ahead. “We currently… Continue Reading

“We got involved with Wheaton River at a time when the gold price was depressed. We had the sense of urgency that the gold price was going to up, and we didn’t have enough gold assets to take advantage of it.” Ian Telfer, Chairman and former CEO of Goldcorp, the world’s top gold miner. Goldcorp… Continue Reading

James Kwantes of the Vancouver Sun interviews Ian Telfer, chairman of Goldcorp, the world’s largest gold producer by market cap. Gold mining titan retains underdog sensibilities A flair for deal making put Goldcorp’s Ian Telfer on top, but perspective keeps him grounded By James Kwantes, Vancouver Sun Here’s the link to the article. Before Ian Telfer… Continue Reading

Yesterday, Australian-listed Papillon Resources (PIR:ASX) was halted at the company’s request pending a “potential corporate transaction”.  If Papillon is part of a larger producers’ M&A mandate, then it would represent the 3rd such gold transaction in the past 2 weeks. Last week saw Rio Alto make a friendly, $300 million, bid for nearby Sulliden Gold and… 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

Vista Gold is currently working on progressing the environmental permitting of their Mt Todd project in Northern Australia.  The company burns roughly $1 million per month and was sitting on just over $4 million in cash as of September 30, 2013.  It seems, the company has evaluated its options for raising funding to continue the development… Continue Reading

Late last night, Silver Standard Resources (SSO:TSX) announced it has entered into an agreement with Barrick and Goldcorp to acquire their producing Marigold mine in Nevada for $275 million.  The mine is owned 66.7% and 33.3% by Goldcorp and Barrick, respectively.  The mine produce 162,000 ounces of gold in 2013 and is expected to produce between… Continue Reading

Virginia Mines (VGQ:TSX), a hybrid between an exploration company and a royalty company, has signed an agreement between three Quebec institutions to help finance $28 million worth of expedited exploration at the company’s Coulon massive-sulphide prospect in Quebec.  The financing group included SODEMEX Developpement LP (a subsidiary of the Caisse de depot et placement du Quebec)… Continue Reading

Asanko Gold (AKG:TSX) and PMI Gold (PMV:TSX) announced in mid-December that they intended to merge the two to take advantage of the synergies between their two assets in Ghana.  The two attempted to merge in late 2012, but was later terminated as PMI shareholders’ couldn’t agree.  Asanko has since significantly de-risked their project and is… 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

Dr. John-Mark Staude’s, prospect generator, Riverside Resources (RRI:TSXV) has announced they found a partner in Pembrook Mining (private) to option their Coatan gold project in Mexico.  Pembrook will have to pay Riverside $27,460 in cash and incur $1.8 million in expenditures on the project over the next four years to earn an initial 70% interest.  Then, to… Continue Reading