Red Eagle Mining Continues to Advance the San Ramon Gold Deposit During 2013

April 23, 2014 (Source: Marketwired) – Red Eagle Mining Corporation (TSX VENTURE:RD) (OTCQX:RDEMF) is pleased to announce financial results for the year ending December 31, 2013 and business highlights to date, including advancements at Red Eagle Mining’s San Ramon Gold Deposit … Continue reading

Energy Fuels to Continue Uranium Production at Pinenut Mine Into 2015 Due to Favorable Mining Conditions and Low Costs

April 23, 2014 (Source: Marketwired) – Energy Fuels Inc. (NYSE MKT:UUUU)(TSX:EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has revised its previous guidance and currently expects to continue mining at its 100% owned Pinenut Mine through 2014 … Continue reading

Osisko Mining Corporation Announces Mailing of Notice of Change to Directors’ Circular in Response to Revised Unsolicited Proposal from Goldcorp Inc.

April 22, 2014 (Source: Marketwired) — Osisko Mining Corporation (the “Company” or “Osisko”) (TSX:OSK) (FRANKFURT:EWX) today announced that it has filed with the Canadian securities regulatory authorities a notice of change to the directors’ circular (the “Notice of Change”) in … Continue reading

Goldcorp Drops Pursuit of Osisko Mining

April 21, 2014 (Source: WSJ) — Goldcorp Inc. G.T +0.92% said Monday it won’t boost its offer for Osisko Mining Corp. OSK.T -6.00% , paving the way for rival miners Yamana Gold Inc. YRI.T -5.48% and Agnico-Eagle Mines Ltd. AEM.T -5.60% to close their friendly takeover of the Quebec-based miner. Vancouver-based Goldcorp said it would allow its bid to … Continue reading

U.S. firm acquires Sudbury mining manufacturer

April 21, 2014 (Source: Northern Ontario Business) — A major Sudbury mining manufacturer has been sold to an international mining company from Milwaukee. Joy Global Inc. announced its acquisition of Mining Technologies International (MTI) for $51 million. MTI manufactures underground mining equipment for … Continue reading

Platinum, palladium drop sharply following reports that South Africa mining may resume

April 21, 2014 (Source: The Republic) — Platinum and palladium prices are dropping sharply on signs that South African mining companies are close to reaching a labor agreement that would end a four-month strike. Platinum fell $28, or 2 percent, … Continue reading

Goldcorp’s total takeover bid of Osisko Mining makes Quebec mining sector the real winner

Contrary to the expectations of many analysts and Osisko Mining (TSX: OSK), gold industry giant Goldcorp (TSX: G) has decided to increased its hostile takeover bid for the smaller player by CAD$ 1 billion. This means that Goldcorp is officially … Continue reading