Apollo gets the money, but at what price?
Apollo Gold (APG-T, AGT-X) now has the money it needs to push ahead with the construction of its Black Fox gold min…
News
Caterpillar lays off close to 24,000 workers
It was less than a year ago that warp-speed growth in the mining and construction industries was causing industry-w…
Cash Call Emergency Threatens Minera Andes’ Survival
VANCOUVER — A few months ago, it seemed like Minera Andes (MAI-T, MNEAF-O) had it all: a 49% stake in a producing gold-silver mine, a massive copper deposit nearing development stage, and a pipeline …
U.S. Markets Feb. 10-13
With the passage of U. S. President Barack Obama’s US$787-billion stimulus package in Congress on Feb. 13, the Dow Jones Industrial Average fell 420.46 points, or 5.4%, to close the Feb. 10-13 reporti…
TSX Venture Exchange Feb. 10-13
It was modest gains on the S&P/TSX Venture composite index for the truncated Feb. 10-13 reporting period. The Venture board gained 24.54 points to close the week at 925.64 points. It posted gains …
Toronto Stock Exchange Feb. 10-13
The TSX was down during the holiday-shortened Feb. 10-13 trading period, with the S&P/TSX composite index losing 369 points, or 4.1%, to 8,678. The drop was triggered by doubts about the effective…
Victoria Gold Bids For StrataGold
Nevada-focused Victoria Gold (VIT-V, VITFF-O) has made a friendly offer for StrataGold (SGV-T, SAGDF-O) in pursuit of its advanced Dublin Gulch gold project in the Yukon.
Quadra Mining To Buy Centenario Copper
VANCOUVER — Patience has paid off for Quadra Mining (QUA-T, QADMF-O). The Vancouver-based company, which has been quietly stockpiling cash from its Robinson copper-gold mine in Nevada, waiting for th…
Canadian Gold Mutual Funds (February 23, 2009)
as of Dec. 31/08
Chinalco Pumps US$19.5B Into Rio Tinto
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures and convertible debt in a deal that will help the Anglo-Australian mining giant pay dow…
Cadiscor And Tiomin To Combine
The proposed merger of Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O) will create a new company that will be well capitalized to become an intermediate gold producer, manage…
Japanese Consortium Buys Into Uranium One
Uranium One (UUU-T, SXRZF-O) will raise $270 million through a private placement with a Japanese consortium made up of Tokyo Electric Power Co., Toshiba Corp., and the Japan Bank for International Coo…