Agnico Eagle Mines has agreed to sell its Delta and Helm Bay mining projects to Vizsla Copper in exchange for nearly 22.5 million Vizsla common shares, warrants, and net smelter return royalties. The deal, expected to close in Q4 2026 pending TSX Venture Exchange approval, will give Agnico Eagle about 20% ownership in Vizsla Copper, with potential to increase to 22% after shareholder approval. Agnico Eagle will also receive milestone payments based on project development stages and has committed to participate in Vizsla Copper's next equity financing. This strategic move allows Agnico Eagle to gain a significant stake in a promising copper and gold exploration company while monetizing its assets.
Jim Cramer predicted copper prices could reach $100 following a breakout above $75.74, but the breakout quickly failed, causing a pullback in Freeport-McMoRan (FCX) shares. Despite this, portfolio manager Kevin Simpson is buying the dip, citing stron...
In Q2 2026, major gold mining companies like Agnico Eagle Mines and Newmont returned billions to shareholders through dividends and buybacks, supported by strong free cash flow. These miners offer a way to hedge gold exposure with actual income, unli...
