Osisko Mining Archives

2024-08-13 Gold Fields to acquire Osisko Mining

Gold Fields to Acquire Osisko in $2.16B Deal Valued at US$200/oz of Gold Resource

August 13, 2024 Chris Thompson

Gold Fields (JSE: GFI) has announced an agreement to acquire Osisko Mining (TSX: OSK) in an all-cash transaction valued at $2.16 billion. The acquisition, which includes the Windfall Project in Quebec, enhances Gold Fields’ portfolio by adding a high-grade gold development asset in a stable region. Osisko shareholders will receive $4.90 per share, representing a 55% premium to the 20-day VWAP as of August 9, 2024. The transaction is expected to close in Q4/2024, subject to regulatory and shareholder approvals. [more]

June Gold Drill Results – McEwen Mining Makes the Grade

July 13, 2020 Chris Thompson

In June, McEwen Mining led the way with 776 g/t Au over 2.4 metres, with other good results from Superior Gold, Osisko Mining, Great Bear Resources and Alkane Resources. [more]

Notable Mining Deals in June

July 8, 2020 Chris Thompson

Top deals closing this month included Osisko Mining receiving $177M and Lundin Gold closing C$57.5 million, both from bought-deal financings. Artemis Gold expects to raise $175 million from a bought-deal agreement with a syndicate of underwriters as well as a non-brokered offering. [more]

April Gold Drill Results Reveal High-Grade Hits

April 30, 2020 Chris Thompson

GFG Resources (8.5m at 71.3 g/t Au), Roxgold (10.0m at 59.4 g/t Au), Monarch Gold (109.0m at 3.33 g/t Au), Kirkland Lake Gold (2.4m at 141.3 g/t) and G2 Goldfields (2.4m at 116.6 g/t Au) led the way. [more]