An 18-month search by Canarc Resource (ccm-t) for new acquisitions has culminated with the successful bid to buy a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction.Canarc has agreed to buy…
The shortened first week of trading in the New Year saw the S&P-TSX Venture composite index drop 62.46 points between Jan. 4 and 7 to end at 2,225.39. Volumes were back to a brisk pace, averaging 164 million shares traded daily. Despite the…
Global Change for Children (GC4C) will kick off its 2011 fundraising campaign at Mineral Exploration Roundup, to be held Jan. 24-27 in Vancouver.In keeping with the conference theme, “Exploring Today for Tomorrow’s Resources,” the registered…
Five days after shares of Seafield Resources (sff-v) soared 147% to 57¢ on drill results of 449 metres grading 1.29 grams gold per tonne at its Miraflores gold deposit in Risaralda, Colombia, the junior has moved its drills 3 km to the…
Joint-venture partners Rainy River Resources (rr-v) and Northern Superior Resources (sup-v) have pulled a significant discovery hole from Target 3 at the TPK gold project in northern Ontario. Hole 4 hit 13.5 metres grading 25.87 grams…
Well-respected for its project generation work in Newfoundland and Labrador, Altius Minerals (als-t) has entered into an exploration alliance with Cliffs Natural Resources (clf-n) covering ferro-alloy metals within specific areas of the…
Tahoe Resources (tho-t) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities.The private placement financing is just shy of 25 million…
Any company whose stock has moved from 93¢ per share to a high of $8.00 over the course of a year deserves a closer look, and so it is with Amazon Mining Holding (amz-v).
With roles in the latest James Bond movies Casino Royale and Quantum of Solace and a parallel career on Broadway, actor Jeffrey Wright is a busy man. His performances have earned him a Tony, a Golden Globe and an Emmy, but over the last seven…
MDN (mdn-t) may be best known for its 30% interest in the producing Tulawaka gold mine in Tanzania operated by Barrick Gold (abx-t, abx-n) and a portfolio of exploration projects in the surrounding Lake Victoria gold district. But some…
HudBay Minerals (hbm-t, hbm-n) is looking to venture farther south than it ever has before to acquire its next project. The company has made a friendly $520-million pitch to Norsemont Mining’s (nom-t) shareholders in the hope of nabbing…
The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland and Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…
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