Harry Winston to buy Ekati for US$500M
One year after BHP Billiton (BHP-N, BLT-L) announced it was looking at selling its diamond business, the company has found a buyer in Harry Winston Diamond (HW-T, HWD-N).
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Silver Wheaton CEO predicts ‘strong fourth quarter’
Management of streaming company Silver Wheaton (SWL-T, SLW-N) were ready to focus investors’ attention on record quarterly silver-equivalent production, but it was a drop in sales volumes and subsequent rollback in dividend payments that…
QMX Gold looks forward to brighter days ahead
VANCOUVER — At the beginning of the year Toronto-based producer QMX Gold (QMX-T) — then Alexis Minerals — had quite a lot on its plate. The company was trying to stabilize operations at its Lac Herbin gold mine in Val-d’Or,…
Update: Fronteer gang looks to duplicate success with Pilot
With its coffers over-flowing Pilot Gold (PLG-T) is in the unique position amongst juniors of being able to drive heavy exploration programs at two projects, while partaking in the development of a third into a mine.
Cuervo jumps back into action in Peru
CUZCO, PERU — Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
Black Iron is in the black in the Ukraine
Low operating costs and close proximity to steel mills in Turkey, Europe and the Middle East make Black Iron’s (BKI-T) Shymanivske iron ore project in the Ukraine a compelling proposition despite fluctuations in the iron ore price, the…
Spanish Mountain sizes up gold production in Cariboo
VANCOUVER — It is nearly decision time for British Columbian explorer Spanish Mountain Gold (SPA-V) at its wholly-owned, multi-million ounce gold-silver project 60 km northeast of Williams Lake, B.C. On Nov. 15 the company released an…
Denison eyes a bigger piece of cake
In a move to lock up uranium-rich ground in the Athabasca Basin in northern Saskatchewan, Denison Mines (DML-T) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Amplats settles with striking workers
Mine workers at Anglo American Platinum (Amplats) are going back to work, putting to rest a series of wildcat strikes that all but crippled the South Africa’s platinum mining industry.
Temex buys blue sky
Mergers and acquisitions are heating up in the mining-friendly province of Ontario with Iamgold’s (IMG-T) acquisition in June of Trelawney Mining and Exploration and the proposed friendly takeover of Queenston Mining (QMI-T) by Osisko…
Tower Resources writes a new chapter in B.C. exploration
VANCOUVER — Vancouver-based explorer Tower Resources (TWR-V) did not stray far from home when it came to picking its projects. The company boasts a strong technical team with a history of success in Western Canada, so the fact Tower…
Record production for SAS
St Andrews Goldfields (SAS-T) goal of reaching 100,000 oz. of gold production for the year is getting closer to reality.