Salazar Resources (SRL-V) climbed 18% on news that diversified miner Lundin Mining (LUN-T) is acquiring a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units…
Vancouver – Already equal partners in the headline-grabbing Rio Grande copper-gold project in Argentina, Regulus Resources (REG-V) and Pachamama Resources (PMA-V) have decided make the arrangement formal and merge into one company.
An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.
With the Association for Mineral Exploration British Columbia celebrating its 100th anniversary at this year’s Mineral Exploration Roundup in Vancouver, it was only fitting that most of the projects highlighted in the Tuesday sessions had long…
Salazar Resources (SRL-V) climbed 18% on news that Lundin Mining (LUN-T) acquired a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units priced at 50¢ apiece.
Commodities trader Glencore (glen-l) is looking to combine with Xstrata (xta-l) in a possible all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome, and become a…
Vancouver – Haiti-focused Majescor Resources (MJX-V) has announced several encouraging copper and silver hits over two days from its 71%-owned Somine project, sending its share price upwards.
Vale (vale-n) has temporarily halted all of its underground mining activity at its five nickel-copper mines in Sudbury, Ont., following the death of a miner at the Coleman mine on Jan. 29.
Resources at BHP Billiton’s (BHP-N) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year, US$30-million brownfield exploration program.
Rio Tinto (RIO-N, RIO-L) is moving ever closer to increasing its stake in the Oyu Tolgoi copper-gold deposit in Mongolia through Ivanhoe Mines’ (IVN-T, IVN-N) equity.
Northern Freegold Resources (NFR-V) has added significantly to the overall resource at its Freegold Mountain project in Yukon thanks to an initial resource on its Revenue deposit.
Infill drilling at Quadra FNX Mining’s (QUX-T) polymetallic Victoria project in Sudbury, Ont., has increased inferred resource tonnage by 16% and raised by 32%, 26% and 4% its contained nickel, copper and total precious metals, respectively,…
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