Alamos on verge of derailing Hecla bid for Aurizon as battle builds
VANCOUVER – The battle for Aurizon Mines (ARZ-T) is getting nasty.
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Premier up-and-comer in the royalty space
While investors holding paper in gold explorers and producers have largely been disappointed recently, it has been an entirely different story for investors in gold royalty companies.
Friedland works his magic at the PDAC
Legendary mining promoter Robert Friedland is looking to strike it big again — this time with Ivanplats’ (IVP-T) high-grade precious and base metals projects in Africa.
TSX Venture inches downward, March 4-8
VANCOUVER — The S&P TSX Venture Composite Index closed out another week with relatively little overall movement during the March 4-8 period, falling just 0.2% or 2.24 points before trading settled at 1,117.85 points. Despite…
TSX rises while Dow reaches all-time high
The TSX Composite Index was up 70 points to 12,835.61 for the March 4-8 period —offering a muted version of events south of the border where the Dow Jones Industrial Average reached record nominal highs.
U3O8 snaps up Calypso Uranium in all-share deal
VANCOUVER – U3O8 (UWE-T) is adding money to its coffers and new properties to its Argentinean portfolio through an all-share deal to acquire Calypso Uranium (CLP-V).
Wall Street ends on a high note
U.S. stocks ended in positive territory during the March 4–8 trading week, helped by strong jobs data.
Wesdome falls on Kiena mine suspension
VANCOUVER — Shares of Toronto-based operator Wesdome Gold Mines (WDO-T) took a tumble following news it was suspending activities at its Kiena underground mine located in Val d’Or, Quebec. The company announced on March 8 that…
Crocodile turns to debt markets to fund growth
Crocodile Gold (CRK-T) is looking to fund development through debt.
TomaGold and Quinto soar on Monster Lake gold hits
VANCOUVER – A few high-grade gold hits and TomaGold’s (LOT-V) share price is up almost 200% since mid-February, while its thinly-traded joint venture partner on the project, Quinto Real Capital (QIT-V) is up an astonishing 1,850% .
Banro shares plummet as CEO exits, costs rise at Namoya
Banro (BAA-T, BAA-X) slumped nearly 22% after the gold explorer announced the sudden departure of its president and chief executive, Simon Village, after markets closed on March 6.
TrueGold makes good first impression
Riverstone Resources’ name change seems to be doing the trick.