Tahoe Resources Acquiring Lake Shore Gold

Tahoe Resources has agreed to acquire Lake Shore Gold in an all-share transaction that values Lake Shore at about $C945 million. Upon completion of the transaction, existing Tahoe and Lake Shore Gold shareholders will own approximately 74% and 26%, respectively, of the pro forma company.

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Kaminak Advancing Coffee Gold Project

Kaminak Gold has reported a positive feasibility study for its Coffee gold project 130 km south of Dawson City in Yukon Territory, Canada. The study contemplates an open-pit, heap-leach operation producing a total of 1.86 million oz of gold over a 10-year mine life.

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Red Dog Files Tax Complaint

Teck Alaska, operator of the Red Dog mine in northwest Alaska, has filed a complaint in the Superior Court for the state of Alaska over a tax increase that Teck estimates could more than triple its annual payments as of 2016.

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