Osisko to buy Virginia Mines for $424m, merge gold assets
The friendly deal creates a tMontreal-based gold-royalty company with a market capitalization of about $1.15 billion (Cdn$1.3 billion).
Latest Stories
INFOGRAPHIC: where do the world’s millionaires live?
There are 34,837,000 millionaires scattered across the globe. Ever wonder where all of these people reside?
Vale iron ore chief abandons ship amid price crisis
The world's largest iron ore producer said the new division head will focus on increasing efficiencies.
Rio Tinto, Sinosteel extend Australian iron ore joint venture
The partnership dates back to 1987, in the early stages of the development of the Chinese steel industry.
Hit by tailings breach costs, Imperial Metals swings to loss in Q3
A catastrophic tailings dam breach at its Mount Polley mine in British Columbia has taken a toll on Imperial Metals' (TSX:III) bottom line.
Mothballed Jericho diamond mine floats in legal limbo
The fate of Canada's Jericho diamond mine —declared by Ottawa to be “closed or abandoned” in January 2014— seems no clearer today than it was a year ago.
Iran opens new gold processing plant to counter sanctions
Iran has opened a new gold-processing facility with the goal of doubling its production of precious metals, media reported over the weekend.
World’s top gold ETF turns 10 – and returned 150%
Those who invested in the SPDR Gold Trust - GLD - at launch 10 years ago are enjoying returns more than double the rate of US equities.
Gold price swings nearly $50
Two massive trades lift gold price from 4-and-half-year lows in another Friday rally.