Nevsun agrees to $1.86B Zijin takeover bid
Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly…
Copper
Lumina Gold spins out Luminex Resources
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) is spinning all but one of its properties out into a separate company called Luminex Resources. It retains the Cangrejos gold-copper project, located in…
Panoro to drill new zone after expanding permit at Cotabambas
Now that Peru has approved Panoro Minerals’ (TSXV: PML; US-OTC: POROF) request for an expanded environmental impact assessment at its Cotabambas copper project in southern Peru’s Apurimac region, the company…
Cold weather hampers Aston Bay drill program
Aston Bay (TSXV: BAY; US-OTC: ATBHF) has concluded its 2018 drill campaign at its namesake property on Somerset Island in Nunavut, which includes the Storm copper prospect and the Seal…
Azarga releases PEA for Unkur project in Russia
Azarga Metals (TSXV: AZR; US-OTC: EUUNF) has tabled a preliminary economic assessment (PEA) for its Unkur copper-silver project in eastern Russia. The company acquired 60% of the project in 2016 and…
New Age Metals considers JV at Genesis
New Age Metals (TSXV: NAM; US-OTC: NMTLF) is seeking a joint venture partner to help develop its 100% owned Genesis palladium-platinum-nickel-copper located in the northeastern Chugach Mountains, 120 road km…
Golden Ridge makes discovery in Golden Triangle
Larry Nagy has covered a lot of ground since graduating with a degree in geological sciences from the University of Saskatchewan in 1966. As a director of Delaware Resources he…
Trilogy Metals ‘likely takeover candidate’ says Cantor Fitzgerald
Cantor Fitzgerald has raised its target price on Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) to US$3.50/C$4.50 per share from US$3.00/C$3.75 per share following a recent site visit of the company’s…
Enforcer and SOQUEM update resource at Roger in Quebec
Enforcer Gold (TSXV: VEIN; US-OTC: EFRGF) has updated the resource estimate for the Roger gold-copper project, 5 km from Chibougamau, Quebec, for the first time since 2006 as it tries…
Cordoba Minerals invests in Bell Copper’s Kabba project
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) plans to earn an 80% interest in Bell Copper’s (TSXV: BCU) Kabba porphyry copper project in northwestern Arizona by investing $200,000 via a private…
Sierra Metals executes turnaround plan
It’s not often that a mining company releases three preliminary economic assessments on three different mines in two months. But that’s what Sierra Metals (TSX: SMT; NYSE-AM: SMTS) accomplished in…
Aben Resources adds Eric Sprott as strategic shareholder
Aben Resources (TSXV: ABN; US-OTC: ABNAF) is expanding its exploration and drilling program this year at its Forrest Kerr gold project in B.C.’s Golden Triangle, with the help of a…