MINING.COM MINUTE video news roundup launches today

EY notes that after the fifth consecutive year of declining deal volume and values, increasing levels of financial distress will trigger more divestments, spin-offs, joint ventures and possibly hostile takeover bids.

The government has set aside some $20 million through June to assist small and medium miners

Cameco's McArthur River mine in northern Saskatchewan is expected to produce 20 million pounds this year.

The deal values Claude Resources at Cdn$377 million in total or the equivalent of about $1.65 per share.

The move comes as the Asian country is launching a new program this week that aims to attract mining exploration.

The global exploration sector continues to struggle against strong market headwinds, a new reprt shows.

The country expects around $56 billion worth of mining projects to come on stream this year.

The Cdn$240 million deal is expected to close in late April.

The $263 million deal is expected to close in the second quarter.