PolyMet draws on debt to feed NorthMet
In tight credit markets it’s good to have deep pockets in your corner.
Gold
Jaguar’s tidy Brazilian operations make for a growing producer story
At a time when more than one mining company is struggling to stay afloat, Jaguar Mining (JAG-T, JAGNF-o) is a bit o…
Acadian Mining’s ScoZinc receives creditor protection
Dramatic cost reduction measures at Acadian Mining’s (ADA-T, ADAIF-o) Scotia mine a few months ago weren&rsqu…
TNM’s Mining Persons of the Year: Aurelian’s Anderson, Barron, Leary
Our “Mining Person of the Year” award for 2008 goes to the trio of Patrick Anderson, Keith Barron and Stephen Leary…
Franco-Nevada to take 7.29% royalty on Gold Quarry
Franco-Nevada (FNV-T, FNNVF-o) has more than US$500 million in cash and other facilities to pay for new investments…
Barrick appoints Aaron Regent as CEO
Barrick Gold (ABX-T, ABX-N) founder and chairman, Peter Munk, has appointed former Falconbridge CEO, Aaron Regent, …
Fronteer plans to acquire Aurora Energy Resources
Fronteer Development Group (FRG-T, FRG-x) is the single largest shareholder, with 42%, of Aurora Energy Resources (…
Rusoro Makes Formal Bid For Gold Reserve
Rusoro Mining (RML-V, RMLFF-o) says its unsolicited takeover bid for Gold Reserve (GRZ-T, GRZ-x) offers a “compelling premium” and would create the “premier” Venezuelan gold company. But Gold Reserve …
Fortress Cuts High-Grade At Svetloye
Vancouver– Fortress Minerals (FST-V, FTMNF-o) has pulled a long and tantalizingly high-grade gold intercept from the Amy zone at its Svetloye property, 220 km southwest of Okhotsk, in Russia’s Far Ea…
Mongolia Sends Positive Signal To Foreign Miners
Mongolia’s parliament has voted to set a February 2009 deadline for completing a long-awaited draft investment agreement for Ivanhoe Mines (IVN-T, IVN-n) and Rio Tinto’s (RTP-N, RIO-L) massive Oyu Tol…
Iamgold Spies Opportunity Amidst Market Turmoil
Iamgold (IMG-T, IAG-n) continues to make the most of a slumping market in its effort to become a leading mid-tier gold producer.
Northern Dynasty, Anglo Update Pebble Resource
Vancouver — As Northern Dynasty Minerals (NDM-T, NAK-x) and Anglo American (AAUK-Q , AAL-l) move the Pebble copper-gold-molybdenum property in Alaska foward, the partners have released an updated res…