Kaizen sizes up Tower Resources
Since its reverse takeover in December 2013, junior explorer Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has closed two acquisitions and is zeroing in on a third.
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Centerra joins Premier Gold at Trans-Canada
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has brought in Centerra Gold (TSX: CG; US-OTC: CAGDF) as its joint-venture partner for its flagship Trans-Canada property, including its advanced Hardrock gold project, in the Geraldton-Beardmore…
Tahoe launches friendly bid for Rio Alto Mining
After a brief courtship that started at the Denver Gold Forum in September 2014, Tahoe Resources (TSX: THO; NYSE: TAHO) and Rio Alto Mining (TSX: RIO; NYSE: RIOM) are tying the knot.
TSX rises despite uncertainties, Feb. 2-6
Cautious optimism about oil prices that lifted some energy stocks, coupled with decent job numbers showing employment in Canada increased by 35,000 in January (the result of more part-time work), drove the S&P/TSX Composite Index higher by…
Azarga cuts initial capex by 50% in Dewey Burdock PEA
An upgraded resource estimate that confirms its flagship Dewey Burdock in-situ recovery (ISR) uranium project is the highest-grade ISR project among its North American peers, and a revised preliminary economic assessment (PEA) that has cut the…
Aquila closes in on US$21M financing with Orion
If a proposed US$20.8-million capital injection from Orion Mine Finance goes ahead, Aquila Resources (TSX: AQA; US-OTC: AQARF) could get its Back Forty project — a zinc- and gold-rich volcanogenic massive sulphide deposit in…
Editorial: Where to next for copper?
One of the more sobering aspects of the New Year for miners was the rather swift tumble in copper prices, which blew through the long-standing US$3 per lb. support level to hit 6-year lows below US$2.50 per lb., with the spot price having…
Facts ‘n’ figures: A close look at 2014’s private equity mining deals
The following is an edited report released by London-based international law firm Berwin Leighton Paisner (BLP). The report analyzes 50 mining private equity investments in 2014. For more information about BLP, visit www.blplaw.com.
Gold Standard’s window into the Carlin Trend
VANCOUVER — Gold Standard Ventures’ (TSXV: GSV; NYSE-MKT: GSV) Railroad-Pinion project in Nevada is occasionally referred to as the last underexplored district in the southeast Carlin Trend.
U.S. stocks show strength, Feb. 2-6
U.S. equities got off to a good start in February, helped by a positive jobs report and higher oil prices. The S&P 500 Index rose 60.48 points, or 3%, to 2,055.47, while the Dow Jones Industrial Average soared 659.34 points, or 3.8%, to…
TSX Venture on the rise, Feb. 2-6
The S&P/TSX Venture Composite Index rallied 16.63 points, or 2.5% to 693.44 during the period, as crude oil futures showed signs of life and copper prices improved. The U.S. government reported that the private sector created 213,000 jobs…
Midas prepares for permitting odyssey at Stibnite in Idaho
VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and money in sketching out a promising development scenario at its rebranded Stibnite gold project, 16 km east of Yellow Pine, Idaho. The company’s…