Canada’s Agnico Eagle Mines and Kirkland Lake Gold have announced a US$10.68 billion merger of equals, creating a company with a reserve base of 48 million ounces of gold and an extensive pipeline of development and exploration projects around the world. The companies said the deal...
Canada’s TMX Group has published its TSX30 ranking for 2020, which revealed that 14 of the 30 top performing stocks on the Toronto Stock Exchange (TSX) this year are mining companies. Founded last year, the TSX30 ranks stocks based on dividend-adjusted share price appreciation over a...
TSXV-listed junior Melkior Resources has secured a strategic partnership with Kirkland Lake Gold which could allow the latter to earn up to a 50% interest in the former’s flagship gold project in the Timmins gold camp of Ontario. Kirkland Lake – a mid-tier gold producer with...
Kirkland Lake Gold has almost doubled its stake in Canada-based Osisko Mining with the acquisition of around 15 million common shares for approximately $US19 million in cash. The deal gives the mid-tier gold producer a 14% stake in Osisko, up from a previous 8.6%. Kirkland’s shareholding...
Kirkland Lake Gold (TSX:KLG) is acquiring fellow gold miner Newmarket Gold (TSX:NMI) in an all-stock deal worth around US$764 million. Following completion Kirkland shareholders will own about 57% of the merged company, which will keep Kirkland Lake Gold as its name, Newmarket will hold the rest. The...