Ecuador pushes for mining investment at PDAC
Ecuador’s new mines minister Javier Cordova has only been on the job since February, but he knows that the country’s infamous windfall profits tax is unpopular with miners.
Lundin Gold Inc
Lundin, Beaty bullish on Ecuador’s prospects
VANCOUVER — There are some savvy investors who are banking on a profitable shift in the Ecuadorian government’s approach to mineral exploration and development. The country has been high on the socio-political risk ladder over…
Lukas Lundin talks diamonds
Lukas Lundin is bullish on diamonds. The famed mining mogul and chairman of Lucara Diamond (TSX: LUC) sees rising demand and a lack of new discoveries as underpinning the healthy…
Lundin’s Fortress to buy Fruta del Norte
Kinross Gold (TSX: K; NYSE: KGC) acquired the Fruta del Norte gold project in Ecuador through its US$1.2-billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013…
TSX Venture trades relatively flat, Oct. 20-24
VANCOUVER — The S&P TSX Venture Composite was unable to turn early-week momentum into sustained gains during the Oct. 20-24 trading sessions, as it lost 4.68 points en route to a 805.45 point weekly close, despite two promising days…
Editorial: Some satisfaction for Gold Reserve and Kinross
“Never, never, never give up.” More often than not in mining, this proves to be great advice.
Venture flat in June 4-8 period
VANCOUVER — The S&P TSX Venture Composite Index was virtually unchanged in the June 4-8 period, ending up a little over a point at 1,292.93 points. Volume also saw little change, in line with recent weeks at an average of 69 million…
Fortress accepts Polymetal’s offer for Svetloye
Offering US$9.25 million in cash, Russian gold-silver producer Polymetal (MICEX-L) has trumped an earlier offer by MacRitchie Metals for a 100% stake in the Svetloye gold project owned by Vancouverbas…
Fortress accepts superior offer from Russian company for Svetloye
Offering US$9.25 million in cash, Russian gold and silver producer JSC Polymetal has trumped an earlier offer …
Fortress hits long low-grades in Russia
Vancouver – Fortress Minerals (FST-V) has hit long low-grade copper-gold intercepts at the Malmyzh project in …
Fortress bulks up on Russian gold
Fortress Minerals’ (FST-V) latest results from Russia show a promising project, even if it is within a country…
Svetloye gold project keeps providing promise for Fortress
Vancouver – Preparing for a drill program in Russia’s far east is not easy but Fortress Minerals (FTS-V) is be…