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…
Rio Alto Mining (RIO-V, RIOAF-O) is raising $50 million in a private placement to fund its La Arena copper-gold project, 480 km northwest of Lima in Peru.
Vancouver – Mines Management (MGT-T) has outlined an economic mine plan for its Montanore silver-copper project but questions remain about getting the project permitted.
The recently re-minted South American Gold (SAGD-O) is looking to tap into Colombia’s gold potential. To do so the Richmond, Indiana-based company is aiming to acquire privately-held and Colombian-based Kata Enterprises and its 85% stake…
Just days before Christmas, NovaGold Resources (NG-T, NG-X) has surprised Copper Canyon Resources (CPY-V) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
Any company whose stock has moved from a low of 93¢ per share to a high of $8 over the course of a year deserves a closer look and so it is with Amazon Mining Holding (AMZ-V).
When it comes to metals with the best fundamentals, the consensus moving into 2011 seems to be that copper wins hands down.
Vancouver – In a significant land consolidation, Duluth Metals (DM-T) has reached an agreement to acquire Franconia Minerals (FRA-T) in a $77 million deal.
TSX Composite Index came off a bit as the holiday season approached. The Index fell roughly 160 points to finish up at 13, 201 points for the Dec. 13 – 17 period.
U.S. markets felt the chill in the air during the week before Christmas. The Dow Jones Industrial Average edged up 81.59 points or 0.72% to finish at 11,491.91, while the S&P 500 rose 3.51 points or 0.28% to 1,243.91. Fifteen companies…
Vancouver – The S&P-TSX Venture Composite Index endured a rocky ride over Dec. 13-17, with gains cancelling out losses to leave the board up 10.03 points, at 2,134.33. Daily trading volumes remained strong, averaging 169 million.
Vancouver – After a three-and-a-half year investigation involving police in Vancouver, Hong Kong, and China, John Paterson, founder and former CEO of Southwestern Resources, has been arrested and charged with nine counts of criminal fraud.
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