Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


Mergers in large mining companies

Two gold mining heavyweights, Agnico Eagle Mines and Kirkland Lake Gold have merged.

Receive up-to-date information about the company directly via push notification

The merger is expected to be completed by the first quarter of 2022 at the latest. Then the combined company will be the highest-quality gold company. The new company will be called Agnico Eagle Mines Limited. This merger could lead to more action in the gold sector. Experts also expect merger activity to increase due to the relaxed travel restrictions. The merger of the two industry giants was preceded by investments by both in exploration and acquisitions. Agnico Eagle Mines has been producing precious metals since 1957 and is active in Canada, Mexico and Finland. Kirkland Gold is active in Australia and Canada.

According to Credit Suisse experts, this large deal could cause new movements in the gold sector. There are other industry giants that might be considered for similar deals, such as Barrick Gold, AngloGold Ashanti, Gold Fields, Kinross Gold or Newcrest Mining. Similar to Kirkland Lake Gold and Agnico Eagle Mines, they could buy smaller or medium-sized companies beforehand in order to grow. Analyst Jackie Przybylowski from the investment bank BMO Capital Markets named Victoria Gold as a candidate.

Last year, Victoria Gold - https://www.youtube.com/watch?v=tXqKksLoZb4 - successfully started commercial gold production at its Eagle gold mine in the Yukon despite the pandemic. August 2021 brought encouraging production of 21,000 ounces of gold. 
Maple Gold Mines - https://www.youtube.com/watch?v=mFuZJgdUMh0 - is also located in a good jurisdiction, Quebec. With its partner Agnico Eagle, the Douay and Joutel gold projects are being advanced there.
 
Current corporate information and press releases from Victoria Gold (https://www.resource-capital.ch/en/companies/victoria-gold-corp/) and Maple Gold Mines (https://www.resource-capital.ch/en/companies/maple-gold-mines-ltd/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat