Northgate makes hostile bid for Aurizon
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Mid-May saw the executives of the West’s mining and mineral exploration companies mentally move Mongolia from the “promising underdog” column over to the one titled “Third World basket-case” — so joi…
Lima, Peru — As soaring oil prices and equipment delays push miners’ operating costs to record levels, bullion is offering some insurance, and mining companies in Latin America are gratified that the…
Details are sketchy, but the Toronto Stock Exchange (TSX) and rating and index agency Standard & Poor’s will develop a Global Gold Index to track the share prices of leading gold mining companies….
Vancouver — Closure of its $92-million public offering has International Minerals (IMZ-T, IMZLF-O) with funds in hand to advance construction and development of its Rio Blanco gold-silver project in…
Agnico-Eagle Mines (AEM-T, AEM-N) continues to build on its impressive assets with the announcement that it will go ahead with its LaRonde II project in northwestern Quebec….
Vancouver — Junior gold producer Andean American Mining (AAG-V, ANMCF-O) will advance its Invicta gold project, in west-central Peru, on its own, following notice that Barrick Gold (ABX-T, ABX-N) wil…
After a recent accident that could halve production from Johannesburg-listed Western Areas’ (WARSF-O) 50%-owned South Deep gold mine in South Africa for up to a year, the company plans to sell shares…
Vancouver — With grades and production starting to slip at the Red Lake gold mine in northwestern Ontario, Goldcorp (G-T, GG-N) is stepping up the pace of exploration at its newly acquired lonore g…
Nevada-based explorer Lincoln Gold (LGCP-O) has optioned its JDS property in Eureka Cty., Nev., to Golden Odyssey Exploration (GOE-V, GODYF-O)….
Great Basin Gold (GBG-T, GBN-X) plans to immediately get the permitting ball rolling after a recent feasibility study concluded that a 1.5-million-tonne per year underground mine could be supported at…
Workers have returned to their posts at Cambior’s (CBJ-T, CBJ-X) flagship Rosebel open-pit gold mine in Suriname following an agreement with the union….
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