Claude spices its offer for St. Eugene
Claude Resources (CRJ-T, CGR-X) has sweetened its all-share proposal for St. Eugene Mining (SEM-V).
News
Silvercorp rallies on audit findings
Vancouver – Silvercorp Metals (SVM-T, SVM-N) looks to have been vindicated of fraud allegations in a forensic audit, leading to a sharp recovery in its share price.
Karnalyte Resources receives positive feasibility
A feasibility study for the Wynyard Carnallite potash project in central Saskatchewan sent shares of Karnalyte Resources (KRN-T) up to a new fifty-two week high yesterday of $17.50 apiece before closing at $17.15, a gain of 71¢ or…
CB Gold hits it big in Colombia’s promising Vetas district
Vancouver – Ten kilometres south of the rich La Bodega and La Mascota gold deposits in Colombia acquired by Eike Batista’s EBX Group earlier this year in its $1.5-billion takeover of Ventana Gold, CB Gold (CBJ-V) has drilled into a new gold…
Venture recovery stumbles in Oct. 17-21 period
Vancouver – The recent market rebound at least temporarily stalled in the October 17 to 21 period as the S&P TSX Venture Composite Index lost 24.7 points to end at 1,532.91 points. Volume was roughly in line with recent weeks at an average…
TSX falls off as gold price dips
TSX Composite Index was down 118 points to 11,949.49 points for the Oct. 17 – 21 period as markets continues to be jittery in the shadow of Europe’s debt woes.
Bannerman provides update on Hanlong’s offer
While Bannerman Resources (ban-t, bmn-a) says it’s not going “tie its hands down” in a long-term arrangement with Sichuan Hanlong Group, it is still open to an acquisition by the Chinese conglomerate.
U.S. markets eke out small gain, Oct. 17-21
Doubts about a resolution to the euro zone crisis weighed on U.S. equities as differences between France and Germany surfaced mid-week ahead of a European Union summit on Sun. Oct. 23.The markets still managed to eke out small gains, however,…
B2Gold, Auryx to hook up
B2Gold (BTO-T) and Auryx (AYX-T) have agreed to tie the knot through a plan of arrangement by year-end.
New Gold goes all-in at Blackwater
New Gold (NGD-T, NGD-X) has put pen to paper with two B.C.-focused junior gold explorers holding land near the company’s most recent acquisition, the Blackwater gold-silver project, located 150 km southwest of Prince George.
Poland’s KGHM seeks new acquisitions
With mining stocks falling, it is little wonder that talk of mergers and acquisitions has picked up. Unfortunately for most junior mining companies, much of the talk has remained just that – talk.
Spot prices
Tuesday, Oct 18, 2011