News

Pelangio Mines (PLG-V) has hit significant gold at the North Walter zone, part of its Detour Lake property, 180 km northeast of Timmins, Ont.

As part of its 3-pronged defence plan against Harmony Gold‘s (HMY-N) unwanted advances, Gold Fields (GF-N) has petitioned South Africa’s High Court to declare its smaller rival’s unsolicited takeover bid unlaw…

Newmont Mining (NEM-N) increased net income in the third quarter by US$14.3 million, compared with the corresponding period last year.

Vancouver — Drilling at Western Keltic Mines‘ (WKM-V) Kutcho Creek copper-zinc project in northern British Columbia has expanded the higher-grade resource.

Vancouver — Eastfield Resources (ETF-V) has expanded copper-gold mineralization at the Lorraine project in north-central British Columbia.

Diversified miner Xstrata (XTA-L) of Switzerland has launched a hostile, all-cash offer for the world’s third-largest nickel producer, Australia’s WMC Resources (WMC-N).