B2 Gold shows faith in Calibre
B2Gold (BTO)-T will help finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash.
News
El Morro hits a road bump
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the El Morro copper-gold project, an analyst says the project should be shelved until the next decade.
Editorial: Blood diamond victims get some justice
Another sad chapter in Africa’s modern history has come to a close. The former Liberian President Charles Taylor was convicted by the United Nations-backed Special Court for Sierra Leone in The Hague of aiding and abetting war crimes in…
Commentary: Canadian miners’ ability to attract talent takes hit
The March 2012 federal budget in Canada sent shockwaves through the nation’s resource sectors when it announced the scheduled phase-out of the overseas employment tax credit (OETC) by 2016. Now, Canadian mining and metals companies…
Metals, Mining and Money Markets
SPOT PRICESCourtesy of ScotiaBankTuesday, May 8, 2012 Precious MetalsPrice…
Nunavut explorers fired up for 2012
Nunavut has been a tough place for gold companies of late, with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay gold project and Agnico-Eagle Mines (AEM-T, AEM-N) cutting years off its new Meadowbank gold mine in the face of cost overruns.
Allana pumps up potash resource at Dallol
Toronto-based explorer Allana Potash (AAA-T) took a step closer to -releasing a bankable feasibility study on its Dallol potash project in Ethiopia when it released an updated resource estimate to kick off May.
AuRico adds third mine to its portfolio
AuRico Gold (AUQ-T) has added another mine to Kirkland Lake’s heritage.
Gold Fields eyes Bear Lake’s assets
Gold Fields (GFI-N) has signalled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early stage exploration assets, driving shares of the Ontario-focused junior up 50% on April 10.
Curis an innovator and educator at Florence
When it comes to the mining industry’s grand stage, companies are often required to play different roles. The tale is much the same for Hunter Dickinson-backed Curis Resources (CUV-T) in its gambit to develop its Florence in-situ copper…
Altan Rio sees potential in Mongolia
Having assembled a collection of greenfield copper-gold prospects in Mongolia’s western frontier, Vancouver-based explorer Altan Rio Minerals (AMO-V) is aiming to take the next step forward with a US$2-million drilling campaign in 2012.
More hot water for Baja Mining
Without additional funding by mid-June, the advanced-stage Boleo project in Mexico will be suspended, Baja Mining (BAJ-T) has warned shareholders. The announcement comes two weeks after the company declared a 22% increase in funding…