In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 has been “to take advantage…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is selling a 50% interest in its wholly owned Zaldivar copper mine in northern Chile to Antofagasta (LSE: ANTO; US-OTC: ANFGY) for US$1 billion in cash. The deal will result…
VANCOUVER — Red Eagle Mining (TSXV: RD; US-OTC: RDEMF) looks poised to pour its first gold in 2016 following a $19-million private placement that CEO Ian Slater calls one of the “toughest” he’s ever done.
Guyana Goldfields (TSX: GUY) is gearing up for production at its Aurora gold mine in Guyana this August, which will make it the newest gold producer in the South American nation.
Teck Resources (TSX: TCK.B and NYSE: TCK) has posted decent second quarter results. But analysts remain cautious about the diversified miner’s path forward, amid weakening coal markets.
Less than a month after rejecting a hostile takeover offer from Red Eagle Mining (TSXV: RD; US-OTC: RDEMF), CB Gold’s (TSXV: CBJ; US-OTC: CBHDF) board of directors is recommending to shareholders that they accept a takeover…
Largo Resources (TSXV: LGO; US-OTC: LGORF) is keeping its 2015 guidance at the Maracas Menchen vanadium mine in Bahia, Brazil, despite the slower-than-expected ramp up.
With iron ore prices down by 31% in the last year, Capstone Mining (TSX: CS) is contemplating a different development plan for its 70%-owned Santo Domingo copper-iron project in Chile.
Canada’s benchmark index tumbled 1.9% to 14,411.07 after a weak jobs report, the continuing debt crisis in Greece and a slump in China’s stock market. The S&P/TSX Capped Diversified Metals & Mining Index fell 5.5% to 630.99,…
VANCOUVER — On June 30, juniors Western Lithium (TSX: WLC; US-OTC: WLCDF) and Lithium Americas (TSX: LAC) announced a strategic business combination agreement the companies hope will create a “leading…
Kaizen Discovery
Mandalay Resources (TSX: MND) has suspended operations at its Cerro Bayo silver-gold mine in southern Chile, after unionized workers went on strike.
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