Rio Tinto-Chinalco Mega-Deal Clears Its First Hurdle
Australia’s competition regulators aren’t objecting to a US$19.5 billion investment in Rio Tinto (RTP-N, RIO-L) from state-owned Aluminum Corp. of China (ACH-N), or Chinalco.
News
Axmin Sees Potential Gold Mine In Sierra Leone
VANCOUVER — A scoping study on Axmin’s (AXM-V, AXMIF-O) Komahun joint-venture gold project in Sierra Leone, about 250 km east of Freetown, has indicated it would be economic to develop.
Lending Rates (April 13, 2009)
as of 9 a. m. ET. April 7, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.50 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime 3….
International Quotes (April 13, 2009)
Australia (A$) April 7 March 31 Change Bendigo Mining 0.25 0.25 0.00 Kingsgate Cons. 5.26 5.22 0.04 Lion Selection Ltd 0.95 1.04 -0.09 Newcrest Mining 28.75 32.73 -3.98…
Canadian Gold Mutual Funds (April 13, 2009)
Featured Fund: CIBC precious metals as of 01/31/09 (in weighted order): Kinross Gold, Agnico-Eagle Mines, Goldcorp, Barrick Gold, Randgold Resources, Yamana Gold, Newmont Mining, Compania Minas Buenav…
Hopes Are High For Hathor; Earns Kudos For Henday Deal
VANCOUVER — Investors are waiting with bated breath for the next set of drill results from Hathor Exploration’s (HAT-V, HTHXF-O) Midwest Northeast project, which produced several sets of spectacular …
Uranium Enjoying A Resurgence In Nunavut
VANCOUVER — A year and a half after the Nunavut government adopted a uranium development policy, the territory is hopping with uranium exploration and development efforts.
B2Gold Gets Cent’l Sun
VANCOUVER — B2Gold (BTO-T, BGLPF-O) has completed its takeover of Central Sun Mining, following the approval of the deal by Central Sun shareholders.
BC Approves Terrane’s Mt Milligan
VANCOUVER — The British Columbia government has approved an environmental assessment certificate for Terrane Metals’ (TRX-V, TRXOF-O) Mt. Milligan gold-copper project in central B. C.
Tetra Tech Acquires Wardrop
Pasadena, Calif.-based consultants Tetra Tech (TTEK-Q) have acquired Canadian consultancy firm Wardrop Engineering.
Nordex To Build New Explosives Plant Near Kirkland Lake
What better place for a new emulsion plant than in Kirkland Lake, Ont., one of the world’s largest mining regions?
NA Palladium Bids For Cadiscor
Taking a big step into the gold sector, North American Palladium (PDL-T, PAL-X) has launched a friendly all-share deal for Cadiscor Resources (CAO-V), owner of the dormant Sleeping Giant gold mine in …