A deal that would be a defining transaction in the natural resource sector is facing pointed criticism from a group of activist investors. Prominent shareholders of mega-miner Xstrata (XTA-L) are questioning the inherent value in a…
The Aluminum Corp. of China (Chalco) and Ivanhoe Mines (IVN-T, IVN-N) have agreed to wait a month before Chalco makes an official offer to buy Ivanhoe’s stake in SouthGobi Resources (SGQ-V), as doubts remain as to whether the Mongolian…
The Bolivian government plans to expropriate South American Silver’s (SAC-T, SOHAF-O) wholly owned Malku Khota silver-indium-gallium project, the Vancouver-based company announced after markets closed on July 10.South American Silver…
NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest potential gold…
Life is full of ebbs and flows, expansions and contractions, and the mining industry is part of that cyclical stream. Right now Canada’s intrepid mining industry and its breathtaking, optimism-fuelled expansion into most of the…
VANCOUVER — With big mineral deposits becoming harder to find and even harder to put into production thanks to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of…
VANCOUVER — Toronto-listed explorer Intrepid Mines (IAU-T, IAU-A) is the latest victim in an ongoing nationalization saga in the South Pacific. On June 28 an unknown entity seized control of its Indonesian joint-venture partner, Indo…
Anglo American (AAL-L) reported diamond production fell in the second quarter ended June 30 by 11% to 7.2 million carats largely due to market conditions and a focus on planned maintenance and waste stripping while De Beers, in which Anglo…
AuRico Gold (AUQ-T, AUQ-N) has revised its 2012 production guidance after a high turnover of workers at its Ocampo gold-silver mine in Mexico dragged down output in the second quarter.
Mega Precious Metals (MGP-V) could be the most aptly named gold company on the junior circuit. With assets in Manitoba and Ontario, the company’s well-heeled management team thinks bigger is better when it comes to mining. The philosophy…
VANCOUVER — Atico Mining (ATY-V) has pulled some striking grades in its first drill results from the El Roble project in Colombia.
VANCOUVER — Newly-minted NovaCopper (NCQ-T, NCQ-X) has grand ambitions for its Upper Kobuk project in Alaska’s prolific Ambler mining district, and the company is off to a quick start with a US$16.5-million exploration program and…
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