VANCOUVER – For the last few years, the Palmer project in Alaska almost had it all: a high-grade polymetallic deposit with thick, continuous zones that could be mined using short lateral drifts to deposit ore beside a highway running to a…
It’s not every day that an exploration and development company can turn a profit of US$35 million in just fourteen months with what appears to be very little effort.
VANCOUVER – Alaska did not see any new mines commissioned or constructed in 2012, but an overview of the state’s year in mining and exploration from Avalon Development president Curt Freeman at Roundup in Vancouver showed that…
Golden Predator’s (GPD-T) decision in late January to transition to a royalty-only mining company and build on its existing base of 34 projects pushed the junior’s shares up 16.7% to 38.5¢ on 2.7 million shares traded.
Aurizon Mines (ARZ-T, AZK-X) has rejected Alamos Gold’s (AGI-T) hostile bid calling it “financially inadequate and opportunistic.”
Karnalyte Resources (KRN-T) is getting a much-needed financial boost in its drive to develop its wholly owned Wynyard potash project located outside the township of Wynyard, Sask. India’s publicly traded Gujarat State Fertilizers &…
London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) is haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum major Alcan in 2007.
VANCOUVER — London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) continues to be haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum leader Alcan in 2007.
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.
Uranium One (UUU-T) shareholders should “demand higher compensation” from majority owner ARMZ, which is bidding $1.3 billion to take the company private, one analyst says.
It took longer than expected, but Cameco (CCO-T, CCJ-N) has cleared all its regulatory hurdles and acquired nuclear fuel trader Nukem Energy GmbH.
VANCOUVER – Eight years after getting into the jewelry sector, Harry Winston Diamond (HW-T) is locking in its gains and getting out, selling its luxury retail unit to Switzerland’s Swatch Group in a $1-billion deal.
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