Horizon Minerals to become Australia’s newest gold producer
Horizon Minerals (ASX: HRZ) is going ahead with development of the Boorara gold mine in Western Australia, located only 10 km east of Northern Star Resources’ Super Pit gold mine,…
Perseus Mining Limited
Orecorp saga ends as Silvercorp sells stake to Perseus Mining
Canada’s Silvercorp Metals (TSX: SVM, NYSE: SVM) has officially stepped aside from the race to control Africa-focused gold explorer OreCorp (ASX: ORR), accepting to sell its 15% stake in the company…
Silvercorp clears way for Perseus Mining takeover of OreCorp
A winner has emerged in the months-long battle for Africa-focused gold developer OreCorp (ASX: ORR). The Australia-based company is recommending shareholders accept the off-market takeover offer from Perseus Mining (TSX:…
Perseus gets key OreCorp shareholders onside with sweetened bid
Perseus Mining (TSX: PRU; ASX: PRU) announced on Wednesday that it has raised its off-market takeover offer for OreCorp (ASX: ORR) as it seeks to beat out Canadian rival Silvercorp…
Perseus extends bid for Tanzania gold developer OreCorp to April
Australia’s Perseus Mining (TSX: PRU; ASX: PRU) isn’t giving up on its plans to acquire African gold developer OreCorp (ASX: ORR), releasing on Friday a second supplementary bidder’s statement that…
Perseus Mining confident of winning ok for OreCorp takeover
Perseus Mining (TSX: PRU; ASX: PRU) is far from giving up on its intended acquisition of OreCorp (ASX: ORR), saying on Monday it was confident of receiving unconditional approval from…
Video: Orezone Gold eyes acquisitions to expand from troubled Burkina Faso
Orezone Gold (TSX: ORE; US-OTC: ORZCF) is resolving a power shortage at its new Bomboré gold mine in coup-prone Burkina Faso as it considers acquisitions in West Africa. Bomboré, 85…
Perseus Mining to acquire Exore Resources
Perseus Mining (TSX: PRU; ASX: PRU) is acquiring Exore Resources (ASX: ERX) in an all-share deal worth A$58.9 million (US$41million). Exore Resources’ flagship Bagoe project is within 50 km of…
TSX retreats, Dec. 12–16
Canada’s largest stock market weakened, after the U.S. Federal Reserve raised its short-term interest rate by a quarter of a percentage point to between 0.5% and 0.75%. The spot gold…
Perseus highlights its potential in West Africa
Junior gold miner Perseus Mining (TSX: PRU; ASX: PRU) has made three positive announcements, pleasing investors, who drove the stock up nearly 30% in recent days.
Drills probe new mill feed for Perseus in Ghana
VANCOUVER — Golden drill results from a satellite zone that could provide higher-grade feed for the Edikan gold mine in Ghana have given owner Perseus Mining (TSX: PRU; ASX: PRU; US-OTC: PMNXF) a nice share-price boost.
TSX hits record high, June 16-20
Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.