Centerra Gold (CG-T) is going all-in on a Turkish gold project as the company is acquiring the final 30% interest in the Oksut Gold Project from Stratex International (STI-L) for $20 million in cash and a 1% net smelter return that is…
Freeport-McMoRan Copper & Gold’s (FCX-N) surprise decision to buy two oil and gas companies in a deal involving cash and shares worth nearly US$10.3 billion has divided analysts on whether the acquisitions make sense.
It’s no secret that tight equity markets are hurting junior mining and other resource exploration firms in Canada, as they struggle to find a vein of capital to keep their operations running and their valuations from leaching away.
Vale (VALE-N) is donating $125,000 to Laurentian University’s Centre for Research in Occupational Safety and Health (CROSH) in Sudbury, Ont. — home to Vale’s powerhouse nickel assets.
Vancouver-based junior Corvus Gold (KOR-T) has released an updated preliminary economic assessment (PEA) on its wholly owned North Bullfrog low-grade gold project in southern Nevada that models a heap-leach mine averaging 74,800 oz. gold…
Western Potash shares (WPX-T) gained nearly 7% after the company published a positive feasibility study showing its proposed Milestone potash solution mine near Regina, Sask., could produce 2.8 million tonnes of potassium chloride (KCl) a…
Gold Fields (GFI-N) is lowering its South African risk by spinning out a wholly owned subsidiary — which holds the country’s KDC and Beatrix gold mines — into a new firm called Sibanye Gold. While this may sound like a…
Spot pricesCourtesy of ScotiabankTuesday, December 11, 2012Precious MetalsPrice…
With debt and equity financings hard to come by, mine developers are turning to more creative ways to finance their projects.
The management team at Vancouver-based Dolly Varden Silver (DV-V) had been keeping its eye on an intriguing piece of mining history in northwestern B.C.’s Stewart complex for quite some time. Both chairman John King Burns and…
A subsidiary of Chinese conglomer-ate Chengdu Tianqi Industry Group has raised its offer price for Talison Lithium (TLH-T) from $7.15 to $7.50 per share, and the Australian lithium producer’s board and its largest shareholder, Resource…
Calgary-based explorer Teras Resources (TRA-V) accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and results from a two-year…
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