Alamos to buy Orsa for $3.5M
Cash-rich Alamos Gold (TSX: AGI; NYSE: AGI) has added Orsa Ventures (TSXV: ORN) to its shopping list.
United States
ITH’s Livengood struggles at today’s gold price
It doesn’t look like International Tower Hill Mines’ (TSX: ITH; NYSE: THM) huge Livengood gold project in Alaska will be hosting a mine construction crew any time soon. The company has released a feasibility study…
Barrick takes US$8.7B impairment charge
Barrick Gold (TSX: ABX; NYSE: ABX) is writing down the value of its assets by US$8.7 billion and slashing its quarterly dividend in response to the recent decline in metal prices.
West Kirkland’s PEA at TUG hit by lower gold price
VANCOUVER — Nevada-focused gold explorer West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) has unveiled a preliminary economic assessment (PEA) for its TUG gold-silver deposit on the Long Canyon gold trend along the Utah-Nevada border in…
Ur-Energy shares gain momentum
Ur-Energy (TSX: URE; NYSE-Arca: URG) has seen its shares nearly double in the past year, as it gears to become the next U.S.-based uranium producer.
Energy Fuels looks to be the name in US uranium mining
Uranium prices look poised to finally come back around, and Energy Fuels (TSX: EFR; US-OTC: EFRFF) is hoping to be one of the first places for investors to park their capital.
NovaCopper defines open-pit mine in Alaska
NovaCopper (TSX: NCQ; NYSE-Arca: NCQ) — a junior explorer that NovaGold Resources (TSX: NG; NYSE-Arca: NG) spun out early last year to explore and develop its Upper Kobuk mineral projects in the Ambler mining district of northwestern…
Laramide’s Henderson takes the long view
Laramide Resources (TSX: LAM; US-OTC: LMRXF; ASX: LAM) ended 2012 with an enterprise value of less than US$1 per lb. in the ground for its district-scale uranium resource in Australia and a handful of smaller projects in the U.S. — yet…
Midas gets a $9.8M infusion from Teck
Midas Gold (TSX: MAX; US-OTC: MDRPF) should have enough cash to advance its Golden Meadows gold-antimony-silver project in Idaho until the end of 2014, thanks to a strong endorsement from Teck Resources (TSX: TCK.B; NYSE: TCK).
Aurcana shares pop on Red Kite loan proposal
VANCOUVER — Shareholders of Vancouver-based silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) received some good news at the end of June, as the company released details of a terms sheet from U.K.-based metal merchant RK Mine Finance…
Eurasian rethinks Arizona’s copper riches
PHOENIX, ARIZONA — “Here we are, in the middle of one of the most productive copper districts in the world — Arizona — and we were able to just stake this ground,” says David Cole, president and CEO of Eurasian…
Toronto Stock Exchange, June 24-28
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.