Article Directory

Coeur Secures San Miguel, Paramount to Spin Off Nevada Assets

This month's rumors that Coeur Mining was planning to acquire Paramount Gold and Silver turned out to be true on Wednesday morning. The companies announced that Coeur will acquire all outstanding shares of Paramount in an all-stock deal valued at $146 million, securing Paramount's San Miguel project and the Don Ese deposit.

Osisko Buying Copper to Get to Silver?

Roughly one month after acquiring Virginia Mines to become the fourth-largest company in the royalty space, Osisko Gold Royalties has secured another agreement — for a copper royalty. However, as part of its agreement with Highland Copper the gold-focused royalty and stream company also has the option to earn a silver net smelter royalty on the copper miner's Michigan projects.

Silver’s Low Price Likely to Spur Holiday Coin Buying

Numismatic silver coins and smaller gold coins are likely to sell like hotcakes as the holidays approach. Those items are generally popular gifts, but this year will likely be even more in demand due to low metals prices.