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Mining

Osisko rejects Goldcorp takeover bid

Osisko has rejected the $2.6-billion hostile takeover bid made by Goldcorp on Jan. 13.

Temex to file resource estimate

Temex Resources Corp. , a junior gold miner exploring in the Timmins-Kirkland Lake camps, will file an NI 43-101 resource estimate for its Juby gold project. The company announced initial results for Juby’s Hydro Creek and Big Dome zones on Jan. 17.

First Nickel makes 2013 targets, predicts growth

First Nickel hit its 2013 production targets at its Lockerby Mine in Sudbury and is predicting growth for 2014. In 2013, the company achieved full production at its Lockerby Mine, shipping 242,000 tonnes of ore to Glencore .
North American Palladium in fundraising mode

North American Palladium in fundraising mode

North American Palladium announced a public offering of securities to bring in between $50 million and $75 million. The owners of the Lac des Iles Mine, near Thunder Bay, say it’s a two-tranche offering.

Goldcorp plans takeover of Osisko

Goldcorp is planning a $2.6-billion acquisition of Osisko Mining Corp. , which has gold properties in the Thunder Bay and Kirkland Lake areas. The company announced its intentions on Jan. 13.
New hoist, shaft hoped to push palladium miner toward profitability

New hoist, shaft hoped to push palladium miner toward profitability

North American Palladium (NAP) is taking a breather before taking another deep dive at its Lac des Iles (LDI) mine in northwestern Ontario.

Vale-Steelworkers raise $750,000 for United Way

Vale and the United Steelworkers Local 6500 teamed up raise $750,000 for the United Way of Sudbury and the Nipissing District.

Tamaka Gold strikes deal with Fladgate Exploration

Tamaka Gold has signed a strategic agreement with Fladgate Exploration Consulting to expand its exploration work on its Goldlund Property in northwestern Ontario. According to Tamaka in a Jan.
Fourth quarter surge means record year for Timmins miner

Fourth quarter surge means record year for Timmins miner

Lake Shore Gold reported a record year at its Timmins mines in 2013. In a Jan.
NAP prepared to boost palladium production

NAP prepared to boost palladium production

Getting optimum use of a new shaft at Lac des Iles (LDI) is on the collective minds at North American Palladium heading into 2014.