It all started with a phone call. On the line was Standard Bank, looking to auction off some Peruvian properties after a joint venture between two majors had gone sour. On the other end of the line was Panoro Minerals (PML-V), which had worked…
First Quantum Minerals (FM-T) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
CaNickel Mining (CML-T) is scaling back operations at its Bucko Lake nickel mine near Wabowden, Man. owing to “unfavourable” nickel prices, the company has announced.
Toronto Stock Exchange
Tuesday, Jan 10, 2012
Teck Resources (TCK-T, TCK-N) is raising its exposure to Alberta’s oilsands with plans to purchase SilverBirch Energy (SBE-V) in a cash and stock deal worth $435 million. The acquisition will give Teck the rest of the Frontier oilsands project…
First Uranium (FIU-T) says it may cut up to 1,850 jobs at the Ezulwini gold-uranium mine in South Africa because it cannot sustain production levels.
Argentina-focused silver explorer Mirasol Resources (MRZ-V) has received a welcome show of support from its largest shareholder, John Tognetti, who bought $2.4-million worth of shares and warrants as part of a $13.2-million private placement in…
Antimony: Mid-mkt US$13,250.00/t
As the first large mining company to release its financial results every quarter, Alcoa has always been a pacesetter among the majors.
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Canada is on the edge of a historic choice: to diversify our energy markets away from our traditional trading partner in the U.S., or to continue with the status quo.
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