Barrick buys rest of Cortez for US$1.7B
One of the planet’s best gold assets is now solely in the hands of the world’s biggest gold miner.
Gold
New resource estimate for Pebble East
An updated resource estimate for Pebble East confirms Northern Dynasty Minerals’ (NDM-T, NAK-X) claims that its copper-gold-molybdenum deposit in southwestern Alaska is one of the most significant in …
Northgate closes Perseverance acquisition (March 03, 2008)
VANCOUVER–Northgate Minerals (NGX-T, NXG-X) has completed its friendly takeover of Australian gold producer Perseverance in an all-cash deal valued at roughly US$257 million.
La Mancha works to gain market favour
It’s been nearly two years since a reverse takeover put Areva’s gold assets into La Mancha Resources’s (LMA-T, LACHF-O) hands (then listed on the TSX Venture Exchange) — effectively creating a gold s…
Kinbauri’s efforts at El Valle paying off (March 03, 2008)
VANCOUVER — It’s looking more and more like Kinbauri Gold’s (KNB-V, KINBF-O) $5-million bet on the past-producing El Valle and Carles gold-copper deposits in northwestern Spain was a good one.
NovaGold stands pat on Copper Canyon (March 03, 2008)
NovaGold Resources (NG-T, NG-X) will maintain its 60% interest in the Copper Canyon property in northwestern B.C., choosing not to exercise its option to move up to an 80% interest by paying Copper Ca…
Great Basin Gold ups Burnstone gold count by 41% (March 03, 2008)
VANCOUVER–An ongoing exploration program at Great Basin Gold’s (GBG-T, GBN-X) Burnstone project in South Africa has increased the site’s gold resource by 41%.
Gold, oil hit record highs
More records were set for commodity prices during the week ended Feb. 23, the eighth trading period of 2008, as both oil and gold prices rose to new, all-time nominal highs as the U.S. dollar suffered…
Friendly merger promises a new, Intrepid company
Intrepid Mines (IAU-T, IAU-A) and Emperor Mines (EMP-A, EMPMF-O) each have something the other needs.
AuEx Ventures draws on Nevada expertise
There may be no shortage of mining and exploration companies active in precious metals-rich Nevada, but there are certain advantages to being a junior in “elephant country” for AuEx Ventures (XAU-V, A…
Troy Resources posts $4.9M loss
Shutting down one Brazillian gold mine before starting up another left Troy Resources (TRY-T, TRY-A) with a net loss of A$5.4 million ($4.9 million) for the second half of 2007.
Moto keeps on driving in DRC
Building a mine on the Kilo-Moto gold belt in the Democratic Republic of the Congo’s northeast has been a mucky adventure for Moto Goldmines (MGL-T, MOE-L).