New Gold raises $375M
Vancouver — New Gold (NGD-T, NGD-X) has closed a $375.3-million financing, leaving the company with some $400 million in the bank to fund mine development at its New Afton copper-gold project in sout…
Gold
Jinshan closes offering
Vancouver — After recently cancelling a planned private placement citing dilution concerns, Jinshan Gold Mines (JIN-T, JINFF-O) has closed a $20-million debt financing to raise funds for Chinese expl…
Dundee finds funds
Vancouver — Dundee Precious Metals (DPM-T, DPMLF-O) has $74 million in the bank after closing a bought-deal financing.
Editorial: Rio Tinto bets heavily on aluminum with Alcan offer
There hasn’t been the slightest slowdown this summer in mergers-and-acquisitions activity, with the week ended July 14, the 28th trading week of 2007, punctuated by the largest takeover in global mini…
Southwestern has a problem
Southwestern Resources (SWG-T) has cautioned that results it had previously announced from the Boka gold project in…
Kinbauri sees 26% boost on El Valle drilling (July 19, 2007)
Kinbauri Golds (KNB-V) first set of results from its El Valle gold project, in Spain, has returned some positive r…
Robbers target Sierra gold mine
A second robbery in six weeks has Sierra Minerals (SIM-T) rethinking security at its Cerro Colorado gold mine in So…
Aurelian surges on Fruta Del Norte drilling (July 18, 2007)
As Aurelian Resources (ARU-T) awaits assays from the final 8 holes of an 82-hole program on the Fruta Del Norte dep…
St. Elias bulk sample returns 26.4 grams gold
St. Elias Mines (SLI) shares were down today as the company made news of a 4.1-tonne portion of a mini bulk sample …
Fortuna and Continuum exploring San Jose expansion
Vancouver – Joint venture partners Fortuna Silver Mines (FVI-V) and Continuum Resources (CNU-V) are hitting good go…
Robex up to 760,000 oz. gold for Nampala
Now that Robex Resources (RBX-V) has the official inferred resource for its Nampala gold deposit in southern Mali, …
Carpathian triumphs in Romania
SITE VISIT Timisoara, Romania — When most miners and investors ponder the topic of gold in Romania, the first thought that comes to mind is the environmental hysteria that has…