Revolution’s Mexican discoveries
Revolution Resources (RV-T) has hit high-grade gold and silver below the historic Cinco Estrellas mine at its Universo project and discovered new prospects at its La Bufa property.
News
Editorial: SA police fire on Lonmin strikers
It’s the kind of incident long feared since the end of apartheid in South Africa: members of the South African Police Service opened fire on striking workers at Lonmin’s Marikana platinum mine in North West province on Aug. 16,…
Plus a change: a trip down memory lane with Frank Callaghan’s International Wayside at Cariboo
With all the hullabaloo swirling around Barkerville Gold Mines (BGM-V) and the hilarious new resource estimate for its Cow Mountain gold deposit in central B.C. that has led to a stock trading halt by the B.C. Securities Commission (T.N.M.,…
Forecast a bit cloudier for major potash developers
VANCOUVER — Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in…
Selwyn outlines more resources in Nova Scotia to help fund Yukon projects
Rather than fuss with fickle equity and debt markets Selwyn Resources (SWN-V) wants to raise some of the cash it needs from its own assets.
Miranda, Agnico to team up in Colombia
The prospect-generating company, Miranda Gold (MAD-V), has recently attracted major gold miner, Agnico-Eagle Mines (AEM-T, AEM-N), to form a potential alliance to continue exploration in Colombia.
Sandstorm looks to raise $150M for gold streams
VANCOUVER — Sandstorm Gold (SSL-T) is looking to raise $150 million so it can potentially add to its precious metal streams.
Anglo, Codelco reach agreement in copper clash
VANCOUVER — Following ten months of mediation and looming courtroom drama, London-based major Anglo American (AAL-L) and Chile’s state-owned copper miner Codelco have reportedly reached an agreement over the ownership rights of…
Rockwood wants Talison
Rockwood Holdings (ROC-N) is bidding $6.50 per share — a 53% premium — for Talison Lithium (TLH-T) in a deal valuing the company at $724 million on a fully diluted basis.
Atna raising $15M for new mines
VANCOUVER — Atna Resources (ATN-T) is taking advantage of a small uptick in its stock price by raising $15 million in a bought-deal financing.
First Majestic improves Del Toro’s prospects
First Majestic Silver (FR-T) is busy building its Del Toro silver project, which is set to become its fifth producing silver mine in Mexico with initial production expected by year end.
Commentary: Weighing Mexico’s security risks
Back in 2004 I attended an annual general meeting for a client that had acquired a gold-silver mine in Mexico. It was one of many Canadian juniors at the time who had managed to acquire small-scale mines with good expansion possibilities and,…