Tahoe Resources (tho-t) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities.The private placement financing is just shy of 25 million…
Land issues in Tanzania have become a more common theme as of late.
In a new twist to the takeover battle for Baffinland Iron Mines (BIM-T), former rivals Nunavut Iron Ore and ArcelorMittal (MT-N) are teaming up in a joint bid.
Results for the remaining 21holes completed during a first pass of drilling on the Julia vein target confirm Mirasol Resources (MRZ-V) has made a significant high-grade silver discovery at its wholly owned Virginia project in Argentina’s Santa…
After 12 years of profitable operation, Northgate Minerals’ (NGX-T, NXG-X) Kemess South gold-copper mine in north-central British Columbia is shutting down. The large-scale open-pit mine will cease operating in February after ore reserves have…
The proposed merger of Inmet Mining (IMN-T, IEMF-O) and Lundin Mining (LUN-T), which both companies describe as a “merger of equals,” would create a large base-metal producer in Canada that would replace those the country has lost in the…
Marc Johnson, a mining analyst at M Partners in Toronto, initiated coverage of Spanish Mountain Gold (SPA-V) in the middle of December, less than a month after the junior released a preliminary economic assessment of its Spanish Mountain gold…
Just four months after making a deal to hold on to its 50% stake, AQM Copper (AQM-V) has its first resource estimate for the Main Zone of the Zafranal project in Peru. The company says measured and indicated resources came in at 301 million…
Golden Dawn Minerals (GOM-V) wants to breath mining life back into Greenwood B.C. for the third time. The small town of some 600 souls in south central B.C. saw its fortunes swell at the turn of the last century and again in the 1950s, both…
With more than $21 million in cash, Kaminak Gold (KAM-V) has all the money it needs for an aggressive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.
The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland & Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…
The final assays results from the remaining 28 holes completed during the 2010 drilling program on Paramount Gold and Silver’s (PZG-T, PZG-X) San Miguel project continue to confirm the potential for near-surface, bulk-tonnage mineralization at…
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