Europe

Nyrstar’s meteoric rise as a miner

Vancouver — Born of two established metals companies as a pure smelting play in 2007, Brussels-listed Nyrstar NV has since grabbed a commanding position in the zinc supply chain with no sign of slowing down.



A drill rig at Tournigan Energy's Kuriskova uranium project in central Slovakia, 10 km northwest of the city of Kosice. Photo by Tournigan Energy

Kuriskova uranium project low-cost, Tournigan says

Slovakia has four nuclear reactors that generate half the nation’s electricity needs, and two more reactors are planned or under construction. That makes Tournigan Energy’s (TVC-V) flagship Kuriskova uranium deposit in the country an attractive…



Salazar gains on Lundin’s investment

Salazar Resources (SRL-V) climbed 18% on news that Lundin Mining (LUN-T) acquired a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units priced at 50¢ apiece.


Glencore, Xstrata in merger talks

Commodities trader Glencore (glen-l) is looking to combine with Xstrata (xta-l) in a possible all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome, and become a…


Great Western to reap Chinese expertise

Over the last month Great Western Minerals (GWG-T) has completed a joint-venture with the Chinese to build a rare earth separation plant near its Steenkampskraal mine in South Africa, about 350 km north of Capetown, and successfully carried out…


Elgin bid for Gold-Ore creates new Arctic gold producer

With gold equities having underperformed for more than a year despite the gold price hitting a series of new all-time highs, many analysts have predicted a fresh wave of M&A activity for the gold sector in 2012, arguing it represents one of…


Kuriskova project very low cost, Tournigan says

Slovakia–a country roughly the size of South Carolina–has four nuclear reactors generating half the nation’s electricity needs with two more reactors planned or under construction, making Tournigan Energy’s (TVC-V) flagship Kuriskova…



Sirius to raise 50M for U.K. potash project

London, U.K. — In northern England, the rolling hills and purple heather of the North Yorkshire Moors are more associated with tourism these days than with the area’s long-shut iron ore mines and blast furnaces. Where mining and industrial…


Alacer celebrates a year with stellar results

Roughly a year after it was forged out of the merger of Anatolia Minerals and Avoca Resources, Alacer Gold (ASR-T) showed the market that its operations are humming along, and that its aggressive exploration program could be set to pay near…


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