VANCOUVER — Rio Tinto (NYSE: RIO; LSE: RIO) has taken another step in its effort to sell non-core assets and reduce its debt with a deal to sell its 80% stake in the Northparkes copper mine in Australia to China Molybdenum (US-OTC: CMCLF)…
Falling commodity prices, rising production costs, and a risk-averse investment community have led to a decrease in mining mergers and acquisitions so far in 2013. With scarce investment dollars available, many junior mining companies are now…
The National Mining Hall of Fame (NMHF) in the U.S. has announced five new inductees representing a cross section of the U.S. mining industry, coming from the domestic and worldwide metal production, education and health and safety…
“Pink Sheets” aren’t nearly as much fun as they sound, at least in the world of penny stock investing. Mid-August saw the U.S. Federal Bureau of Investigation and the Royal Canadian Mounted Police team up to make seven arrests in New…
CHAPLEAU, ONT. — Play the game of word association with anyone who has heard of the small town of Chapleau, located west of Timmins in northern Ontario, and lumber, wildlife and railcars are bound to come up.
Cardero Resource’s (TSX: CDU; NYSE-Arca: CDY) largest shareholder, Luxor Capital Group, is offering to restructure its existing loan and even take over the company to dissuade Cardero from completing a debt financing with new lenders…
Spot pricesCourtesy of ScotiabankTuesday, August 13, 2013Precious MetalsPrice…
The holiday-shortened trading period wasn’t a typical one for the S&P/TSX Composite Index. While often the index will trend in line with the resource sector that makes up a large part of it, for this period the two moved in opposite…
Cash-rich Alamos Gold (TSX: AGI; NYSE: AGI) has added Orsa Ventures (TSXV: ORN) to its shopping list.
VANCOUVER — Based on production metrics, Tanzania-focused African Barrick Gold (LSE: ABG; US-OTC: ABGLF) is having a relatively good start to 2013. Over the past six months the company has beaten analysts’ earnings…
Teranga Gold (TSX: TGZ; US-OTC: TGCDF; ASX: TGZ) and Oromin Explorations (TSX: OLE) have found an amicable way for Teranga to acquire whatever Oromin equity it doesn’t already own.
VANCOUVER — Edgewater Exploration (TSXV: EDW) is closing in on a production decision at its Corcoesto gold property in Galicia, Spain.
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