Gold’s role as the ultimate store of value remains evident and, “industry consolidation remains a strong theme in both the resource and gold sector. When this happens, supply actually contracts as the acquiring company prioritizes the best projects in the new combined company."
Vancouver’s Goldcorp Inc. surged its stake in Quebec-based Osisko Mining Corp. through a $67.4 million investment in Osisko shares and warrants. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News It is a small Quebec town and it has great potential. In a $1 billion project, the streets of Malartic will soon be ripped asunder and residents relocated to get at one of the largest gold deposits in North America discovered under the town. The streets of [...]
By Kishori Krishnan Exclusive To Gold Investing News There is some serious flirting going on. Gold futures which have been on a see-saw ride in recent months, unsure whether to make the leap over the $1,000 an ounce hurdle or stay put a while, is flirting like crazy – with the $1,000 figure, that is. [...]
Calling it a strategic investment, Osisko Mining has agreed to buy $3.0 million of a proposed $4.2 million non-brokered private placement offered by Bowmore Exploration. The completed transaction will give Osisko a 39.8% stake in Bowmore. For full story, click here
Osisko Mining Corporation announced its financial results for the period ended December 31, 2008. For full story, click here
By Kishori Krishnan Exclusive to Gold Investing News A slight drop in prices is a good time to shore up. Last Friday, gold futures surged above $1,000, the highest level since last March. This week though, gold slipped back. But worries about long-term inflation caused by the massive U.S. stimulus package may push it up [...]
The Financial Post reports a list of gold companies that Genuity Capital says could be takeover targets with the rising price of gold and the disconnect between the valuation of junior and senior gold companies. Included in the list are Allied Nevada Gold Corp. (AMEX:ANV), Mineral Deposits Ltd. (ASX:MDL), Kirkland Lake Gold Inc. (TSE:KGI), Andean [...]
Osisko Mining said its Malartic gold project in Quebec should initially yield an average of 618,000 ounces of gold a year when it begins production in 2011, which would make it Canada’s largest open-pit gold mine. For full story, click here
Osisko Mining said its Malartic gold project in Quebec should initially yield an average of 618,000 ounces of gold a year when it begins production in 2011, which would make it Canada’s largest open-pit gold mine. For full story, click here
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