Osisko Mining
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The Osisko Mining Corporation (formerly Oban Mining Corporation) is a Canadian company that conducts mineral exploration work with a focus on seeking to develop a gold mine in Ontario or Quebec. The company adopted its name following the 2015 merger of five companies that resulted in the re-uniting of the executive management team of the original Osisko Mining Corporation. The new Osisko Mining Corporation is the continuation of Oban Mining Corporation, which itself was the result of the 2014 merger between two
Toronto Stock Exchange The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the ...
-listed mineral exploration companies active in South America, Braeval Mining Corporation and Oban Exploration Limited. The other mineral exploration companies involved in the 2015 merger were the
TSX Venture Exchange The TSX Venture Exchange is a stock exchange in Canada. It is headquartered in Calgary, Alberta, with offices in Toronto, Vancouver, and Montreal. All trading through the Exchange is done electronically, so the Exchange does not have a "trading f ...
-listed companies Eagle Hill Exploration whose Windfall Lake project would become Osisko's principal project, Temex Resources who brought with it net smelter return royalties on the Canadian Malartic Mine and
Goldcorp Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company employed about 15,800 people worldwide, engaged in gold mining and related activities including exploration, extraction, processing and ...
's Éléonore mine, as well as Corona Gold and Ryan Gold whose primary assets were cash and securities. With John Burzynski emerging as the CEO, Oban would acquire TSX-Venture listed companies Northern Gold Mining, for its Golden Bear project in Ontario, and NioGold Mining Corporation, for its Marban project in Quebec, before it re-named itself to Osisko Mining Corporation in June 2016. In 2018, the company was re-aligned its board of directors. In 2019, Osisko acquired the Stornoway Diamond Corporation for its
Renard diamond mine The Renard mine is a diamond mine in Canada which opened in July 2014. The mine is located in Quebec and is projected to produce 1.5-2 million carats per year. In July 2014, SNC-Lavalin SNC-Lavalin Group Inc. is a Canadian company based in Mo ...
, and through its subsidiary O3 Mining Inc. acquired Alexandria Minerals Corporation.{{cite news , url= https://business.financialpost.com/commodities/mining/every-time-someone-says-all-the-mines-have-been-found-i-laugh-another-bet-in-canadas-most-prospected-gold-country , title=Price surge fuels fresh hopes that Canada's richest gold country has more to give , last=Friedman, first=Gabriel , newspaper=
National Post The ''National Post'' is a Canadian English-language broadsheet newspaper available in several cities in central and western Canada. The paper is the flagship publication of Postmedia Network and is published Mondays through Saturdays, with ...
, date= July 29, 2019


References

Companies based in Toronto Companies listed on the Toronto Stock Exchange Gold mining companies of Canada