Cyprus Amax divests stake in Kinross
Cyprus Amax (CYM-N), clearing the decks for its merger with Phelps Dodge (PD-N), has arranged to sell its 31% holding in gold producer Kinross Gold (K-T) for $356 million.The deal will see t…
Cyprus Amax (CYM-N), clearing the decks for its merger with Phelps Dodge (PD-N), has arranged to sell its 31% holding in gold producer Kinross Gold (K-T) for $356 million.The deal will see t…
Aber ResourcesAfrioreAnglo AmericanAnglogoldAntares Mining & ExplorationAsarcoAshanti GoldfieldsAshton Mining of CanadaAsia Pacific ResourcesAtna ResourcesBarrick GoldBattle Mountain GoldC…
Regional officials in the prolific gold and silver region of Magadan, in northeastern Russia, have approved the financing of 11 upgrade and construction projects to the tune US$631.6 million.The news …
Lonmin has come through with a merger offer for troubled Ashanti Goldfields (ASL-N), valuing the Ghanaian gold miner at US$820 million.The London-based platinum producer was offering 0.744 share for e…
After several weeks of excitement, gold started to settle down during the holiday-shortened Oct. 6-12 report period, with spot prices restricted to within the US$315-325-per-oz. range. Over the week, …
Although no significant mineralization was encountered in last year’s limited drilling on the Coiron property in the Chilean Andes, a re-interpretation of the data from a subsequent induced-polarizati…
Peruvian Gold (PVO-V) and Imperial Metals (IPM-T) have encountered encouraging silver-zinc-lead values at their jointly held Silvertip project in northern British Columbia.The second hole of a 3-hole …
Promising early results from the Santo Toribio project in Ancash department in west-central Peru offer Sulliden Exploration (SUE-M) hope it can imitate a nearby success story.Santo Toribio is about 7 …
Toronto-listed Minefinders (MFL-T) has arrived at a new resource estimate for its wholly owned Dolores gold-silver property in Mexico’s Chihuahua state.Using a cutoff grade of 0.3 gram, Minefinders ou…
The Vancouver Stock Exchange composite index lost 2.01 points, or 0.5%, to close at 420.62 over the holiday-shortened report period ended Oct. 12. The mining index followed suit by dipping 2.21 points…
Junior Navigator Exploration (NVR-A) has completed a $1-million private placement consisting of 4 million units priced at 25 cents each.A unit consists of one share and one warrant entitling the holde…
Drilling at the Back Lake diamond project, 100 km south of Lac de Gras in the Northwest Territories, has traced the Munn Lake kimberlite sill for 1.3 km along strike.Partners Island-Arc Resources (IAR…
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