Australia clears Minmetals Resources proposed bid for Equinox
The Australian government has no objection to Minmetals Resources’ proposed acquisition of Equinox Minerals (EQN-T, EQN-A), the Hong Kong-listed company says.
Articles by Northern Miner Staff
Nevada Copper making progress at Pumpkin
Vancouver – Nevada Copper (NCU-T) continues to steadily advance its sizable Pumpkin Hollow copper project with an updated resource and more permits secured.
Short Position Report (April 05, 2011)
TSX Short Positions Short positions outstanding at Mar. 31/11 (with changes from Mar….
Corsa advances Pennsylvania coal operations despite weather delays
Vancouver – Despite being nearly two months behind schedule, shareholders of Corsa Capital (cso-v) reacted positively to news that the company’s Wilson Creek metallurgical coal processing plant in Pennsylvania will be commissioned and fully…
New Gold to take Richfield in all-share deal worth $550 million
Vancouver – Richfield Ventures (RVC-V) has capped an impressive rise by being snapped up by New Gold (NGD-T, NGD-X) in an all-share deal that values the junior at $550 million.
Venture dips slightly in March 28 – April 1 period
Vancouver – The relatively subdued March 28 to April 1 period had the S&P TSX Venture drop 15.63 points after two days of losses outweighed three days of gains to have the board end at 2,298.40 points. Volume averaged out to a recent low of…
TSX rises as global tensions settle
With no escalation of violence in the Middle East, nor any natural disasters in Japan, a more settled March 28 to April 1 period saw the TSX Composite Index climb 138 points to reach 14,130.15 points. The latest economic data on the Canadian…
Minmetals Resources to bid for Equinox Minerals
Shares of Equinox Minerals (EQN-T, EQN-A) surged 31.5% or $1.80 per share to $7.51 today on news that Minmetals Resources wants to buy the company for $6.3 billion — the largest proposed minerals takeover bid in China’s history.
U.S. markets steady from Mar. 28-Apr. 1
The Dow Jones Industrial Average edged up 156.13 points or 1.28% to finish the Mar. 28-Apr.1 trading week at 12,376.72, while the S&P 500 index climbed 18.61 points or 1.42% to 1,332.41. The Philadelphia Gold and Silver index rose 0.27…
Dividends (April 04, 2011)
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Junior explorers still flocking to the Yukon (April 04, 2011)
2010 was a big year for the Yukon as exploration companies flooded into the territory in a flurry of staking and deal making, and 2011 is looking no different.
Tirex roars to life on Albanian mining deal (April 04, 2011)
Tirex Resources (TXX-V) has taken a big step towards production at its Mirdita volcanogenic massive sulphide project in Albania after signing a memorandum of understanding with a private Turkish firm to finance development in exchange for a…