News


The end for Eurasia

Kazakhmys (KZMYF-O, KAZ-L) has taken up 96% of the outstanding shares of Eurasia Gold (EGX-T, EGXDF-O) and will move to a compulsory acquisition of the company.


Alcan introduces white knight (July 23, 2007)

Rio Tinto (RTP-N, RIO-L, RIO-A) has entered the lists as a friendly bidder for Alcan (AL-T, AL-N), in a deal that values the Montreal-based aluminum producer at $40 billion and knocks Alcoa (AA-N) out…


The village of La Luz, where about 200 people live among the ruins of a mining boom that took place more than 200 years earlier. La Luz sits adjacent to the Real de Catorce property, where Normabec currently has a crew of 45 people, excluding drillers.

Livin’ the Mexican dream

SITE VISIT La Luz, Mexico — It was another gruelling day as a geologist for Pierre O’Dowd, vice-president exploration for Normabec Mining Resources, (NMB-T, NBEMF-O) and he was seriously considering…


No big lift for Atna (July 23, 2007)

Not even a 50% increase in resources at its Pinson gold property, in Nevada, could give Atna Resources (ATN-T, ATNAF-O) a substantial lift on the market.


New Gold raises $375M

Vancouver — New Gold (NGD-T, NGD-X) has closed a $375.3-million financing, leaving the company with some $400 million in the bank to fund mine development at its New Afton copper-gold project in sout…




Jinshan closes offering

Vancouver — After recently cancelling a planned private placement citing dilution concerns, Jinshan Gold Mines (JIN-T, JINFF-O) has closed a $20-million debt financing to raise funds for Chinese expl…



CNQ Trading – July 10-16, 2007

STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Bannockburn Res BKNN 181 8.10 7.55 7.55 0.00 8.10 0.405 CDG Invest CDGI 10 0.02 0.02 0.02 0.00 0.065 0.01 Copper…


Dundee finds funds

Vancouver — Dundee Precious Metals (DPM-T, DPMLF-O) has $74 million in the bank after closing a bought-deal financing.


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