Franco-Nevada goes after International Royalty
Gold-focused royalty company, Franco-Nevada (FNV-T), is planning a $640-million cash bid for its smaller rival…
News
Ventana Falls On Legal Challenge At La Bodega
VANCOUVER–With drills pulling long, gold-laden intercepts from the ground, like 84 metres carrying 13.66 grams gold per tonne, it is no surprise the group that optioned the La Bodega property in Colo…
Noront Ups Its Offer For Freewest
Shares of Freewest Resources Canada (FWR-V) closed 18.8% higher at 76¢ on a trading volume of 8.8 million shares on the development of a bona fide bidding war for the company. Noront Resources (N…
Canadian Miners Strike Back Against Bill C-300
After taking abuse from both the media and non-governmental organizations (NGOs) for the better part of a week in late November, Canadian miners finally had their turn at the microphone.
Tower Hill Jumps On Livengood Economics
VANCOUVER — Positive results from the first economic assessment of the Livengood gold discovery in Alaska propelled International Tower Hill Mines’ (ITH-T) share price, already up 600% for the year, …
New Gold Ups Production And Lowers Costs
VANCOUVER– New Gold’s (NGD-T, NGD-X) third-quarter results show primarily increased production and decreased cash costs at its three operating mines.
Newmont Moves Boddington Into Commercial Production
News that Newmont Mining’s (NMC-T, NEM-N) Boddington operation in Western Australia has achieved commercial production and that it is making headway in Indonesia, helped push the gold major’s shares t…
C-300 Still Flawed
Canada’s mining industry spent a rare week under the national media’s heat lamps, as many reporters rallied to support the anti-mining Bill C-300, which is sponsored by backbench federal Liberal membe…
Platinum, Palladium Demand Dips In 2009: Johnson Matthey
A 4.4% decline in net global platinum demand and a 3.8% fall in net global palladium is expected in 2009, according to the latest market survey by metals specialists Johnson Matthey.
Harmony Gold To Shut Several High-Cost Mines
High costs due to the strong rand are partly responsible for Harmony Gold’s (HMY-N, HRM-L) decision to shut down several of its mines, says the company’s chief executive, Graham Briggs, South Africa’s…
AME BC Names Annual Award Recipients
VANCOUVER– The Association for Mineral Exploration in British Columbia (AME BC) has announced the winners of its 2009 awards, which are presented annually to individuals or teams who have made signif…
U.S. Markets – November 24-30
U. S. markets reeled after word came out of Dubai that some of its state-run conglomerates had to delay massive debt repayments. And while markets bounced back after a mid-period selloff that followed…