Vancouver -In the northern reaches of south-central Peru’s Andahuaylas-Yauri belt, 50 km southwest of Cusco, three drill rigs are turning at Panoro Minerals’ (PML-V) Cotabambas copper-gold-porphyry project, where the company hopes to delineate…
Xstrata’s (XTA-L) subsidiary Xstrata Coal has struck a deal to buy Cline Mining’s (CMK-T) wholly owned Lossan coal deposit in B.C.’s Peace River coalfield for $40 million in cash.
Global coal giant Xstrata (XTA-L) has recently sealed a $147-million cash offer for privately-held First Coal and its northeastern B.C. coking coal assets.
Shares of Peabody Energy (BTU-N) jumped US$1.30, or 2.2%, to US$60.69 following reports on July 5 that Mongolia had chosen it as part of a global energy consortium including China Shenhua Energy and a Russian-Mongolian group to develop its…
Vancouver – Global coal giant Xstrata (XTA-L) has offered $147 million in cash for privately-held First Coal and its northeastern British Columbia coking coal assets.
It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears.
Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.
Peregrine Metals (pgm-t) saw its shares surge more than 250% after U.S. platinum giant Stillwater Mining (swc-n) agreed to pay US$487.1 million for the junior and its large, yet undeveloped copper-gold project in Argentina.
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
Struggling junior nickel miner Ursa Major Minerals (UMJ-T) has told Stan Bharti’s Forbes & Manhattan to put up its dukes and prepare for a proxy fight at Ursa’s annual general meeting on June 23.
Nunavut-focused junior explorer Sabina Gold & Silver (SBB-T) is selling its 100%-owned Hackett River silver-zinc project, located near Bathurst Inlet in northern Nunavut, to Swiss mining powerhouse Xstrata (XTA-L).
Peruvian-focused mining stocks took a nosedive this June after left-wing populist candidate Ollanta Humala narrowly won Peru’s presidential electoral run-off held on June 5. With 99% of the ballots counted, Humala captured 51.5% of the…
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