First Quantum Minerals (TSX: FM; LSE: FQM) has made a friendly $470-million takeover offer for Lumina Copper (TSXV: LCC; US-OTC: LCPRF), ending a sale process for the junior and its Taca Taca copper–gold–molybdenum project in…
VANCOUVER — It’s a fight over oil, not metals or coal, but mineral explorers and developers across B.C. — indeed, across Canada — will watch closely to see how Enbridge fares in the battle to build the now-approved…
VANCOUVER — The resource at developer Platinum Group Metals’ (TSX: PTM, NYSE-MKT: PLG) Waterberg platinum group metals discovery on the North Limb of the Bushveld igneous complex in South Africa just keeps growing. A new, expanded…
Fresh on the heels of the $470 million sale of Lumina Copper (TSXV: LCC) and its Taca Taca project in Argentina to First Quantum Metals (TSX: FM; LSE: FM) earlier this month, Lumina’s founder and largest shareholder, Ross Beaty, is making…
Short positions outstanding at June 15/14 (with changes from May 31/14).
VANCOUVER — The newly elected Liberal government in Quebec is returning to the resource roots of the last Liberal government with a budget that restores Plan Nord, the strategy to encourage mineral and energy development in the…
VANCOUVER — With its first hole into a new target, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has found a copper–gold porphyry at its TV Tower project in Turkey, reinforcing the district-scale potential of the large land package.
VANCOUVER — With just a few holes Pilot Gold (TSX: PLG; US-OTC: PLGTF) has defined another gold zone at its Kinsley Mountain gold project in Nevada, just a kilometre away from the high-grade Western Flank zone it discovered less than a…
VANCOUVER — It was a long battle for junior El Nino Ventures (TSXV: ELN, US-OTC: ELNOF), but after half a decade of legal wrangling the company has finally secured its 70% ownership rights in the Kasala copper discovery, 70 km…
The Toronto Stock Exchange climbed near the record high it reached six years ago, with the S&P/TSX Composite Index adding 163 points to end at 15,001.61, slightly below the record close of 15,073 set in June 2008 before the recession.
The S&P/TSX Venture Composite Index finished in the black for the second straight week, up 9.88 points to close at 997.33. Oil futures were driven upward by political instability in Iraq, while the U.S. Commerce Department reported retail…
VANCOUVER — An agreement in principle looks set to end the longest strike in South Africa’s mining history, 21 weeks after more than 70,000 platinum miners walked off the job demanding a near tripling of wages.
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