NSGold enters Mexico property deal
Vancouver – Launching only last autumn as a Nova Scotia-focused gold play, NSGold (NSX-V) has now entered into a definitive option agreement for 100% of the Dios Padre silver property in Mexico’s Sonora State.
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Glencore looks to let the light shine in
One of the most notoriously hush-hush commodity players in the world is set to open both its equity and its books to the public as Glencore International is set to make an initial public offering.
EMED clears major permitting hurdle
Vancouver – After years of struggling through a bureaucratic, political and legal quagmire, Cyprus-based EMED Mining (EMD-T, EMED-L) finally looks to have production at its Spanish copper project within sight.
French Green Party meddles with Rockgate’s uranium exploration plans
Vancouver – Along with many other uranium explorers or producers these days, Mali-focused explorer Rockgate Capital (RGT-T) remains valued at roughly half the level it traded at before the March 11 earthquake in Japan and the resulting crisis…
Northgate plans first gold pour in Q1 2012 at Young-Davidson
Northgate Minerals (NGX-T, NXG-X) will pour its first gold at its 100%-owned Young-Davidson mine late in the first quarter of 2012.
Fortuna Silver increases reserves, earnings
Vancouver – Fortuna Silver Mines (FVI-T) has added significant tonnage to its overall resource holdings with extensive exploration planned for the year ahead.
Ursa Major Minerals hits milestones
Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-PGM mine, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.
Where does uranium go now? (April 13, 2011)
While the environmental and social consequences of the Fukushima Dai-ichi nuclear power plant disaster rightfully remain the central focus of all onlookers, its effect on uranium prices has not gone unnoticed either. In the wake of such a…
Chinese M&A benefits from cost of capital arbitrage (April 13, 2011)
China’s M&A is “stepping up a notch” and with access to cheaper capital from state-owned banks the Chinese will “continue to outbid the existing producers for assets,” predict the authors of a new report from CITI Investment Research in…
Commentary: Five perspectives on oilsands closure
Much of the discussion these days around oilsands extraction in Alberta has focused on what the area can and should look like after closure.
Mercator to buy Creston Moly for $195 million
Vancouver – Mercator Minerals (ML-T) has entered an agreement to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.
Giustra shell joins rush for West African iron ore (April 12, 2011)
Vancouver – Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s…