News

Merger mania fuels trading

The report period Dec. 1-7 saw the price of gold fall US$1.60 to close at US$451.80 per oz. in the afternoon in London. All mining-related indices lost ground. The gold index fell 13.2 points, or 5.9%, to close at 209.30, and the diversified metal…


Juniors flat as gold holds above US$450

Precious metals, for the most part, traded in a narrow range over the trading period Dec.1-7. which saw a bit of weakness return to the junior mining sector. The TSX venture exchange index closed at 1712.19, down 37.2 points, or 2% lower from the…



Ivanhoe eyes Mongolian coal

Vancouver — Buoyant prices, driven largely by unquenched demand from China, has prompted Ivanhoe Mines (IVN-T) to evaluate a number of coal projects in the South Gobi region of Mongolia.





OntZinc prices equity offering

The equity offering to finance OntZinc’s (OTZ-V) purchase of Hudson Bay Mining and Smelting will raise up to $143.8…


Sierra eyes producer status

Sierra Minerals (SIM-V) has agreed to a reverse-takeover deal with privately owned Australian company Minera Secote…





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