SouthGobi shares rise on sale of Indonesian coal stake
SouthGobi Energy Resources (SGQ-T) is selling its stake in the Mamahak coal project in Indonesia to focus on d…
News
New Gold gets Cerro San Pedro’s suspension order overturned
Mexican government officials have granted New Gold (NGD-T, NGD-X) an injunction related to the Nov. 18, 2009…
Ontario to pay Platinex $5 million in settlement
The Ontario government has agreed to pay Platinex (PTX-V) $5 million to drop lawsuits against the Crown …
Noront’s offer expires for Freewest Resources
A bidding war between Cliffs Natural Resources (CLF-N) and Noront Resources (NOT-V) for Freewest Resources Can…
Battle For Freewest Gets Ugly
Four days after Cliffs Natural Resources (CLF-N) upped its friendly bid for Freewest Resources Canada (FWR-V) in an attempt to trump a competing hostile offer from Noront Resources (NOT-V), the major …
Court Decision Stalls Barrick’s Cortez Hills
VANCOUVER — Lawyers at the Bureau of Land Management (BLM) in Nevada and Barrick Gold (ABX-T, ABX-N) are busy weighing their options following an appeals court decision ordering additional environmen…
Entering A New Fronteer
SITE VISIT ELKO, NEV.–At Fronteer Development Group (FRG-T, FRG-X) and AuEx Ventures’ (XAU-T) Long Canyon property in northeastern Nevada, Fronteer’s chief operating officer, Troy Fierro, emphasizes that the reason he…
Xstrata To Shut Kidd Smelter
Xstrata (XSRAF-O, XTA-L) has shocked the town of Timmins, Ont., with its decision to permanently close its copper and zinc metallurgical plants, cutting 670 direct positions in the process.
Franco-Nevada Goes After International Royalty
Gold-focused royalty company Franco-Nevada (FNV-T) is planning a $640-million cash bid for its smaller peer, International Royalty (IRC-T, ROY-X).
Golden Star Raising US$75M
Golden Star Resources (GSC-T, GSS-X), a gold miner with projects in Ghana, is raising US$75 million in a share offering.
Silver-Gold Intercepts Lift Mirasol
VANCOUVER — Starting but 18 metres down-hole, joint-venture partners Coeur d’Alene Mines (CDM-T, CDE-N) and Mirasol Resources (MRZ-V) hit 25 metres grading 1,164 grams silver per tonne and 0.21 gram …
Probe Mines’ Results Add Shine To Ring Of Fire
A day after Cliffs Natural Resources (CLF-N) announced its initial takeover bid for Freewest Resources Canada (FWR-V) and its chromium assets in the Ring of Fire, drill results from Probe Mines’ (PRB-…