Tag: #Rochester

Ely Gold Royalties acquires 1% NSR on Lincoln Hill

Ely Gold Royalties acquires 1% NSR on Lincoln Hill

Ely Gold Royalties (ELY.V) has entered into a binding agreement with a third party to acquire a 1% Net Smelter Royalty on the Lincoln Hill property for $750,000 in cash (we are assuming this is in US Dollars considering the warrant price has been fixed at ‘CAN’$0.17) of which $400,000 […]

Northern Empire agrees to be acquired by Coeur Mining

Northern Empire agrees to be acquired by Coeur Mining

Northern Empire Resources (NM.V) has entered into an agreement with Coeur Mining (CDE), whereby the latter will acquire all of NM’s shares it doesn’t already own. Coeur is offering an all-share deal which values the Northern Empire shares at C$1.64 based on yesterday’s closing prices of both companies. The premium […]

Report: Rye Patch Gold – A game-changing acquisition

Report: Rye Patch Gold – A game-changing acquisition

About two weeks ago, Rye Patch Gold (RPM.V) announced it entered into a binding agreement to acquire the Florida Canyon mine in Nevada, which would catapult the company into the ranks of gold producers rather than an exploration and development company. This should result in a re-rating of the company […]

Rye Patch filed a demand for arbitration

Rye Patch filed a demand for arbitration

Rye Patch Gold (RPM.V) has announced it has filed a demand for arbitration against Coeur Mining (CDE, CDM.TO) with respect to the royalty payment made by Coeur to Rye Patch on the gold and silver production from the first quarter of 2014. After PriceWaterhouse Coopers performed an audit on the […]

Rye Patch Gold

Report: Rye Patch Gold – Site Visit Report

Very few people had heard about Rye Patch Gold (RPM.V) before the company staked claims on the land Coeur Mining (CDM.TO, CDE) forgot to make the payments on. Rye Patch secured the claims and after a long negotiating process, both companies agreed to a deal which will be very advantageous […]

Rye Patch Gold is about to receive its first royalty payment

Rye Patch Gold is about to receive its first royalty payment

Rye Patch Gold (RPM.V) has announced an update on the production status of the Rochester mine in Nevada, operated by Coeur Mining (CDM.TO, NYSE:CDE). Rochester produced approximately 750,000 ounces of silver and almost 8,200 ounces of gold during Q1, and Rye Patch Gold should have received the first quarterly payment […]