The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 27 of 27
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc. "We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining CEO Sandeep Biswas. "Brucejack is a tier one mine in a tier one jurisdiction and will deliver immediate production, free cash flow...
Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. have announced plans to merge into a major mining company slated to produce 3.4 million ounces of gold this year. With similar market capitalizations and gold production profiles in Canada and other politically stable jurisdictions, the deal is considered a merger of equals that would create a company with a market cap of around US$23 million based on a slight drop in share prices of both companies following the merger announ...
