Appian takes flight with US$375-million mining fund
VANCOUVER — For founder Michael Scherb and his team at London-based Appian Capital, lagging capital markets and falling project valuations in the mining sector present a unique opportunity.
News
Commentary: A better response to Mexico’s new mining taxes
The recently introduced mining tax regime in Mexico has been widely criticized by mining company executives, the business press, and a variety of mining lawyers, newsletter writers and consultants. The reform includes a 7.5% royalty along with…
Allana Potash and ICL form strategic alliance
Israel Chemical Ltd. and Canada’s Allana Potash (TSX: AAA; US-OTC: ALLRF) have struck a landmark deal in which ICL — the world’s sixth-largest potash producer and a leading provider of pure phosphoric acid — will provide…
Minera IRL eyes near-term growth
Lima-based Minera IRL (TSX: IRL; LSE: MIRL) has exited 2013 on an upbeat note, and says it is on track to grow its gold production over the next two years.
Kinross heading in the right direction
While it hasn’t been green pastures for any of the major gold producers over the last year, perhaps none have had it as rough as Kinross Gold (TSX: K; NYSE: KGC).
Eurasian seeks IOCG in Sweden
KIRUNA, SWEDEN — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) is a prospect generator. The company takes its prime assets — deep geological expertise and skill navigating difficult socio-political settings — to…
Crocodile Gold lines up $18M
Crocodile Gold (TSX: CRK; US-OTC: CROCF), which operates three gold mines in Australia, has announced an $18-million private placement with Sprott Asset Management, Eric Sprott and Luxor Capital Group to finance its growth projects.
Roxgold’s drills return more high grade at Bagassi South
The first results are in from a 5,000-metre drill program launched in February at Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Bagassi South target in Burkina Faso, and president and CEO John Dorward says he’s pleased with both the grades…
Short Position Report
Short positions outstanding at Feb. 15/14 (with changes from Jan. 31/14).
U.S. equities remain in positive territory, Feb. 10-14
It was the second straight week of gains for U.S. stock indexes despite some soft economic data showing that industrial production in January fell 0.3%. But the good news trumped the bad, with U.S. export prices climbing 0.2% in January,…
Allied Nevada sells Hasbrouck to West Kirkland
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV), like many gold producers, has been taking steps to strengthen its balance sheet and recently announced the sale of a non-core asset in Nevada.
Four dynamos enter the CMHF
Four new inductees boasting outstanding achievements in the diverse fields of mining engineering consulting, modern mineral exploration and grassroots prospecting joined the Canadian Mining Hall of Fame in the twenty-sixth annual ceremony in…