An investment firm managed by Egyptian multi-billionaire Naguib Sawiris called Weather II has launched a $500 million takeover bid for La Mancha Resources (LMA-T) at $3.50 per share in cash—a 56% premium to the junior’s closing…
Rio Tinto (RIO-N, RIO-L, RIO-A) will spend billions of dollars to advance and upgrade some of its highest-profile assets.At its sprawling Pilbara iron-ore operation Western Australia, the company has committed US$3.7 billion to boost capacity,…
Ever since the great bull-run in uranium prices leading into 2008 investors have been waiting for the second leg up.
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 2 June 29 June 28 June 27 June 26 US$ in C N/A 1.0191 1.0333 1.0257 1.0265 …
Aldridge Minerals (AGM-T) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 25 June 22 June 21 June 20 June 19 US$ in C 1.0303 1.0260 1.0251 1.0194 1.0178 …
New Gold (NGD-T, NGD-N) brings online a fourth mine with the timely start up of its New Afton gold-copper mine, near Kamloops, B.C.
VANCOUVER — When big-time global miner Xstrata PLC (XTA-L) put its US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the small Melanesian…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 18 June 15 June 14 June 13 June 12 US$ in C 1.0266 1.0244 1.0247 1.0270 1.0268 …
VANCOUVER — Rio Tinto (RIO-N, RIO-L) has announced billions of dollars in capital commitments to advance and upgrade some of its most high-profile assets.
While many juniors find current market conditions difficult to bear, Lion One Metals (LIO-V) is brimming with optimism and bracing itself for a bountiful year.Such bullishness can be attributed to the company’s enviable position…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 4 June 1 May 31 May 30 May 29 US$ in C 1.0418 1.0380 1.0349 1.0286 1.0253 …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.