Vancouver – Despite being nearly two months behind schedule, shareholders of Corsa Capital (cso-v) reacted positively to news that the company’s Wilson Creek metallurgical coal processing plant in Pennsylvania will be commissioned and fully…
Vancouver – Richfield Ventures (RVC-V) has capped an impressive rise by being snapped up by New Gold (NGD-T, NGD-X) in an all-share deal that values the junior at $550 million.
Vancouver – The relatively subdued March 28 to April 1 period had the S&P TSX Venture drop 15.63 points after two days of losses outweighed three days of gains to have the board end at 2,298.40 points. Volume averaged out to a recent low of…
With no escalation of violence in the Middle East, nor any natural disasters in Japan, a more settled March 28 to April 1 period saw the TSX Composite Index climb 138 points to reach 14,130.15 points. The latest economic data on the Canadian…
Shares of Equinox Minerals (EQN-T, EQN-A) surged 31.5% or $1.80 per share to $7.51 today on news that Minmetals Resources wants to buy the company for $6.3 billion — the largest proposed minerals takeover bid in China’s history.
The Dow Jones Industrial Average edged up 156.13 points or 1.28% to finish the Mar. 28-Apr.1 trading week at 12,376.72, while the S&P 500 index climbed 18.61 points or 1.42% to 1,332.41. The Philadelphia Gold and Silver index rose 0.27…
Auriga Gold (AIA-V) is putting its faith in Manitoba’s Flin Flon greenstone belt, as the company fast-tracks its Maverick gold project into production.
Dissident shareholders of Turkey-focused gold explorer Mediterranean Resources (MNR-T) appear to have forced the resignation of the company’s president and CEO, Peter Guest, aged 73. Newly appointed director Christopher Ecclestone of New York…
Sandspring Resources (SSP-V) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the US$617 million needed for mine…
Tiger Resources (TGS-T, TGS-A) says commercial production will begin in April at its Kipoi copper project in the Democratic Republic of the Congo.
When Phil Wright recently lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call, the chief executive cited the shortage of Zambian smelting capacity as yet another project risk…
While most Western miners cringe at the thought of investing in mineral projects in Russia, Kinross Gold continues to be an exception to the rule.
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