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.
Canada
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…
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…
China’s Tibet policies back on the front burner
The holiday-shortened week ended March 22, the twelfth trading week of 2008, was a time for most market participants to catch their collective breath after the tumultuous gyrations in the world’s stoc…
Following the money: Ringbolt Ventures makes potash play in Utah
With food and fertilizer prices at record highs, mineral exploration company Ringbolt Ventures (RBV-V) has spied an opportunity to make hay while the sun shines.
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…
Wallbridge inks joint venture with Vale Inco and Xstrata Nickel
Wallbridge Mining (WM-T) is teaming up with heavyweight nickel producers Vale Inco and Xstrata Nickel in a joint ve…
Hunter Dickinson shows faith in Goldbrook
The Raglan district’s largest land holder, Goldbrook Ventures (GBK-V), is set to share its large swath of territory…
Brett consolidating Hammond Reef title
Vancouver – An agreement inked between Brett Resources (BBR-V, BBRRF-O) and Kinross Gold (K-T, KGC-N) will see owne…
Tribune, Fission, hunt for North Shore uranium targets
Joint venture partners Tribune Uranium (TCB-V, S8QA-F) and Fission Energy (FIS-V) have planned a 700-line-km airbor…
Hathor and Terra keep on rising
Hathor Exploration (HAT-V) and Terra Ventures (TAS-V) have both been on a tear thanks to drill results from their M…