Western Copper and Gold raising $29 million for Casino project in Yukon
The company has an arrangement with Eight Capital, on behalf of a syndicate of underwriters, who have collectively agreed to purchase approximately 21.1 million common shares.
Agnico-Eagle emerged as a top performer, reporting record quarterly gold production of 873,204 oz., thanks to its 100% ownership of the Canadian Malartic mine in Quebec.
Anglo reported a more than 40% fall in underlying earnings to $5.1bn, while Teck posted an even sharper drop in Q2 profit of over 50% to C$1.48 billion ($1.1bn).