Canada






Sherritt offers $704M for Royal Utilities

Royal Utilities Income Fund (RU. UN-T) shares surged 20% after Sherritt International (S-T, SHERF-O) announced plans to buy out Canada’s largest thermal coal producer for $704 million.


The pit at Tahera Diamond's Jericho project in Nunavut. Mining was halted in February, while milling was to continue another two months.

Tahera puts itself on the block

Failing diamond miner Tahera Diamond( TAH-T, TAHEF-O), which has been under creditor protection since January, has put itself up for sale, hiring financial advisory firm Franklin Capital Partners to f…


The camp and runway at NovaGold Resources' Donlin Creek gold project in western Alaska. The project is a 50-50 joint venture with Barrick Gold.

NovaGold lines up US$95M note offering

VANCOUVER — After recently pulling the plug on a planned $130- million private placement due to “pricing conditions,” NovaGold Resources (NG-T, NG-X) has now lined up a US$95-million convertible note…




Starfield Resources' all-season camp at its Ferguson Lake copper-nickel-PGM project in Nunavut. A scoping study predicts the project will yield an internal rate of return of 27% based on current nickel and copper prices.

Starfield likes Ferguson Lake economics

The Ferguson Lake base metals project, in Nunavut, will likely post an internal rate of return of 27% based on current nickel and copper prices, Starfield Resources (SRU-T, SRFDF-O) says.


2007: A record year for mining mergers

VANCOUVER — Mining industry mergers and acquisitions soared to record levels in 2007, fuelled by a new corporate philosophy of “eat or be eaten,” plus an effort to stay competitive in the growing glo…


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