Osisko Declares Commercial Production at Quebec Mine
Mining Weekly reported that production has started at Osisko Mining's (TSE:OSK) Canadian Malartic gold mine.
Mining Weekly reported that production has started at Osisko Mining's (TSE:OSK) Canadian Malartic gold mine.
Osisko Mining Corporation is a development stage gold mining company building a gold mine in the Abitibi mining district of Quebec. With commercial production scheduled for the second quarter 2011, the company has concurrently expanded its pipeline of projects expected to result in over three hundred thousand meters of drilling for 2010, the largest exploration complex in the Canadian gold mining universe.
Increased mergers and acquisitions (M&A) activity is expected to be a big driver of gains in junior gold mining shares.
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 [...]
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