Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca Basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for roughly $70 million.
VANCOUVER – A high-grade gold zone is emerging at the north end of Pilot Gold’s (PLG-V) TV Tower project in Turkey, complete with drill intervals that regularly contain visible gold.
In the article “First Majestic buying Orko Silver for La Preciosa” (TNM, Dec. 26/12), there was an error in the silver grade for the La Preciosa resource estimate. It was quoted as 1.04 grams silver per tonne but should have read…
Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another milestone in a quest to put its Kamistiatusset (Kami) iron ore project in western Labrador into production by the end of 2015. On Jan. 9, the company announced the results of a…
Canada’s brief but glamorous affair with one of the world’s great ultra-luxury brands came to a swift end in the new year, with Harry Winston Diamond striking a deal to sell its famed retail diamond jewellery and timepiece division…
Spot prices for iron ore fines delivered to China touched a three-year low of US$87 per tonne in September 2012, before rebounding to US$119 per tonne in December and to the US$158- to US$160-per-tonne level of recent days. The question is:…
During the trading week the S&P/TSX Composite Index rose 0.5%, or 61 points, to close at 12,602.18.
The S&P/TSX Venture Composite Index posted its second consecutive gain during the trading period, rising 0.98% to 1,240.25 points for a 12.02-point weekly jump.
U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earnings season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…
Spot prices
After pursuing Quebec-focused Aurizon Mines (ARZ-T, AZK-X) for years, Alamos Gold (AGI-T) has finally gone hostile, announcing a $780-million, cash-and-share bid for the junior gold miner.
Make a wrong turn while driving along the streets of one of Canada’s great mining towns, and you may feel like you’ve gone through a portal into the past.
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