While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years he still has an appetite for the commodity that helped propel him to fame and fortune so many years ago.
A private placement earlier this year, in which Sino Minerals Corp., formerly China Nonferrous Metals Exploration, took a 35.09% equity stake in Nova Scotia-based Silvore Fox Minerals (SFX-V), is starting to pay dividends.
BHP Billiton formally withdrew its hostile, US$40-billion cash offer for Potash Corp. of Saskatchewan on Monday after the Canadian government had rejected it two weeks earlier on the grounds that it did not provide a “net benefit” to…
Vancouver – Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409-million fully diluted.
As it prepares to begin drill testing a grassroots silver find in Argentina’s Santa Cruz province, Mirasol Resources (mrz-v, m8r-f) is topping up its treasury with a $9.3-million financing. The non-brokered private placement will comprise up to…
The first super-cycle took place during the second half of the nineteenth century from 1870-1913 and the second followed the Second World War until the early 1970s. Now the third super-cycle is upon us, Standard Chartered Bank outlines in…
The latest drill results from MDN’s (MDN-T) Ikungu gold property in Tanzania show the company to be following through on its goal of proving up mineralization at depth. The latest assays come from four holes that are part of its ongoing 13…
Vancouver – A long streak of upward momentum on the S&P TSX Venture stalled slightly in the Nov. 8-12 week, with two days of losses edging out three days of gains to have the board end down 1.82 points at 2007.09. Volume was still high at…
Markets finished the week with a sharp pullback as European debt fears and China inflation worries spooked investors. The Dow Jones industrial average tumbled 251.5 points, or 2.2%, to close the Nov. 8-12 trading week at 11,192.58, while the…
Vancouver – Fronteer Gold’s (FRG-T) Long Canyon project in Nevada is churning out long, high-grade gold intercepts at six drill rigs work to complete a 70,000-metre drill program in the run-up to an initial economic assessment.
Vancouver – When results from the first five holes of a drill program include such intercepts as 40.6 metres grading 3.12 grams gold per tonne and 55 metres grading 8.42 grams gold, the program can be labelled a success even before it is half…
Caterpillar Inc. (CAT-N), the world’s largest maker of construction and mining equipment, has agreed to buy Bucyrus International (BUCY-Q) in a deal worth US$8.6 billion (including debt) or US$7.6 billion in aggregate.
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