As China Minmetals turns its back on Equinox Minerals (EQN-T, EQN-A) saying Barrick Gold’s (ABX-T, ABX-N) $7.3 billion offer for the copper producer is above its “most optimistic assessment of value,” another Chinese state-owned company has…
Vancouver – Colossus Minerals (CSI-T) has followed up earlier high-grade hits with a monster intercept from its 75%-owned Serra Pelada project in Brazil’s Para state.
Vancouver – Golden Predator’s (GPD-T) successful winter drill program has hit a number of encouraging intercepts and expanded known mineralization eastward at its Brewery Creek project in the Yukon.
Allana Potash (AAA-V) continues to define what is shaping into a world class potash play in Ethiopia. The company has grabbed the market’s attention over the last 12 months with shallow depth intercepts of up to 37.8 % KCl and now Allana says…
Western Potash (WPX-V) has boosted measured resources by 55%, indicated resources by 34%, and inferred resources by 25% at its Milestone potash project in Saskatchewan, about 50 km south of Mosaic’s (MOS-N) Belle Plaine mine, one of the…
The board of Equinox Minerals (eqn-t, eqn-a) is withdrawing its bid for Lundin Mining (lun-t) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (abx-t, abx-n), which values the company at about $7.3 billon. The…
Silver and gold were the theme of the holiday shortened Apr 18 -21 period, and the strength of the two metals helped ensure that the TSX Composite Index would finish higher than where it began. The Index managed a gain of 234 points to move up…
Vancouver – The shortened trading period of April 18 to 21 was a mixed one for the S&P TSX Venture Exchange, but two days of losses outweighed two days of gains with the board ending down 9.27 points at 2,281.64 points.
U.S. equities were gaining momentum before markets closed on Friday Apr. 22 for the Easter weekend. The Dow Jones Industrial Average advanced 164.16 points or 1.33% in the abbreviated Apr. 18-21 trading week to close at 12,505.99, while the…
While the environmental and social consequences of the Fukushima Daiichi nuclear power plant disaster rightfully remain the focus of most onlookers, its effect on uranium prices has not gone unnoticed either.
Capstone Mining (CS-T) has made a $725-million bid for Far West Mining (FWM-T) for its Chilean copper project while bringing on South Korean partner – Korea Resources Corp. (KORES) – to front the cash.
Mercator Minerals (ML-T) has agreed to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.
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