News

Walter Energy seals $3.3bn deal for Western Coal

Vancouver – Two weeks of intense negotiations and due diligence between Western Coal (WTN-T) and Walter Energy (WLT-N) has produced a formal $3.3 billion agreement to merge the two companies and create a leading metallurgical coal producer.


Seafield way up on long Colombian intercept

Results from the first three holes from Seafield Resources’ (SFF-V) latest campaign at the Miraflores deposit in Colombia sent the company’s shares flying. Seafield shares shot up 147% in Toronto on Dec. 3 to finish the day at 57¢ on…


Eagle Plains and Providence soar on Iron Range update

Vancouver – The share price of both Eagle Plains Resources (EPL-V) and Providence Capital (PV-V) climbed dramatically after the companies released an update on the Iron Range polymetallic project in southeastern British Columbia.


AM Gold ups inferred resource at Red Mountain

Vancouver – AM Gold (AMG-T, AMX-F) has released a resource update for its Red Mountain gold project in the Yukon that adds significantly to contained gold only six months after an earlier update.


New land raises Silvercrest

Silvercrest Mines (SVL-V) had to wait for a trading halt to be lifted, but once it was the company’s shares went upward bound. The trading halt on Silvercrest shares was ordered because of unusual pre-market trading activity this morning.


Fronteer Gold probes open pit at Northumberland

Open-pit test work at Fronteer Gold’s (FRG-T, FRG-X) Northumberland project in Nevada has returned 6.06 grams gold per tonne over 16.92 metres and 369.5 grams silver per tonne over 3.05 metres.



Pan American Silver posts PA for Navidad

With silver prices up nearly 40% in the last three months, the timing of Pan American Silver’ s (PAA-T, PAAS-Q) preliminary assessment for its Navidad silver project in Argentina couldn’t have been better.


Allana gets the cash to explore more Ethiopian potash

With $12.4 million in its pocket Allana Potash (AAA-V) is set to take its potash play in Ethiopia to the next level. The company managed to close a private placement for 24.3 million common shares at a price of 51¢ per share — a 4%…



The “ins” and “outs” of going public

For junior miners looking to go public, the TMX presentation on going public in Toronto on Nov. 23 offered some helpful advice. The afternoon’s discussion was carried by a collection of six capital market experts who all agreed that one of the…



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