Nyrstar tables $663M bid for Breakwater
Toronto-based zinc miner, Breakwater Resources (BWR-T), agrees to a $663-million friendly takeover bid by European smelting giant Nyrstar.
News
Bralorne pours first dor bar from historic BC gold mine
Vancouver – Seventy-nine years after the first gold brick was poured from one of British Columbia’s richest and largest gold mines, Bralorne Gold Mines (bpm-v) has restarted operations at the Bralorne complex. The company poured the first…
McEwen to merge US Gold, Minera Andes
Rob McEwen, the largest shareholder of both US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T), plans to combine the two companies to create what would be a dynamic, mid-tier silver producer in the Americas….
Great Quest rises on Mali’s phosphate potential
It must have been one inspiring annual shareholders meeting for Great Quest Metals (GQ-V) as the company’s shares jumped just a day after it was concluded. In Toronto on June 14 the company’s shares were up 26% or 85¢ to $4.15 on 98,400…
Banro raises funds for Congolese hospital
The Banro Foundation, a charity created by Canadian gold explorer Banro (BAA-T, BAA-N) in the Democratic Republic of the Congo, raised $80,000 for the Panzi Hospital in the eastern part of the country.
Aurizon expands resource at Hosco
Drilling in the last three quarters of 2010 and January 2011 has boosted by 31% the in-pit measured and indicated resource at Aurizon Mines’ (ARZ-T, AZK-X) Hosco deposit, part of the gold producer’s Joanna project in northwestern Quebec.
Rio Novo Gold is a near-term producer in Brazil
Rio Novo Gold (RN-T) hopes to become a near-term gold producer by bringing its two advanced-stage Brazilian properties into production — the Almas gold project in the southeastern part of Tocantins state and the Guaranta gold project in the…
Osisko’s Malartic tale of guts and glory (June 13, 2011)
When pressed about some of the many challenges he faced developing the Malartic gold deposit in Quebec into a commercial mine during one of the toughest economic times this century, Sean Roosen admits sleep deprivation was one of them.
New lithium junior gets ready to explore (June 13, 2011)
Newly listed International Lithium (ILC-V) spent two years cherry-picking projects, securing a strategic partner and fulfilling requirements for a plan of arrangement. Now, the company is ready to get the drills turning on its lithium and rare…
People (June 13, 2011)
Alamos Gold – Jon Morda retired as CFO; James Porter appointed CFO; Greg Fisher appointed VP of finance.
Hathor doubles size of Roughrider deposit
The first resource estimate for the East Zone of the Roughrider uranium deposit in Saskatchewan’s Athabasca Basin doubles the overall size of the deposit, Hathor Exploration (HAT-T) reports.
Pretium plans Brucejack mine
Pretium Resources (PVG-T) has completed a preliminary economic assessment of its Brucejack gold-silver project in northern British Columbia, a little more than six months after acquiring the project and listing on the Toronto Stock…