Magma Metals Limited

A drill rig at Magma Metals' Thunder Bay North platinum-palladium-copper-nickel project, located 50 km northeast of Thunder Bay, Ontario. Photo by Magma Metals

Panoramic launches hostile bid for Magma Metals

An unfriendly takeover bid of Magma Metals (MMW-T, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 77% to close at 15¢ on Feb. 3 with nearly 3 million shares changing hands.  


Panoramic launches hostile bid for Magma Metals

An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.  




Ursa Major hits milestones

Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-platinum group metals (PGM) mine in Ontario, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.


TSX down for Feb.7-14 period

The TSX Composite Index endured a tough period as the Index fell roughly 88 points to 13,766.76 for the Feb. 7-11 period. The fall came as experts predicted a slump in housing starts and housing prices in Canada due to a divergence in wages and…



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