Nyrstar to acquire Farallon
Vancouver – Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409-million fully diluted.
United States
High grade hits at Long Canyon for Fronteer
Vancouver – Fronteer Gold’s (FRG-T) Long Canyon project in Nevada is churning out long, high-grade gold intercepts at six drill rigs work to complete a 70,000-metre drill program in the run-up to an initial economic assessment.
Glencore to buy US$30m in PolyMet stock
Vancouver – PolyMet Mining (POM-T, PLM-X) has agreed to sell US$30 million worth of shares to Glencore International as it works towards securing final permitting of its NorthMet open pit project in northeastern Minnesota.
Alaskan rock sample returns 50.80 grams gold for Rhyolite
Rock and soil samples from highly altered metasediments at the Paxson project in eastern Alaska have yielded s…
Newmont positions company for growth
With over US$6.7 billion in available liquidity at its fingertips, Newmont Mining (nmc-t, nem-n) is ready for …
Whistler project starts to shine for Kiska Metals
Vancouver – News of promising drill intercepts, ownership certainty, and positive metallurgical results can ea…
Premium hits more gold in Idaho
Premium Exploration (PEM-V) is finding more gold at its Friday-Petsite gold project in Idaho.The latest roun…
Gold and potash dominate U.S. equities, Oct. 25-29
It was a ho-hum week for U.S. equities. The Dow Jones Industrial Average fell 14.07 points or 0.13% to close a…
Goldcorp hikes dividend payment on record cash flow
Despite a 2% decline in gold production from the last quarter, Vancouver-based Goldcorp (g-t, gg-n) posted a s…
Fire River breathes new life into Nixon Fork
SITE VISIT NIXON FORK, ALASKA — There is nothing easy about developing a narrow-veined gold mine in tricky geology, let alone one at a fly-in-only camp in remote Alaska.But bonanza grades, a remarkable amount of existing infrastructure,…
Freeport reaches a deal with the DRC
The Democratic Republic of Congo has finally completed its lengthy review of Freeport-McMoRan Copper & Gol…
Casey Research selects next generation of resource stars
Independent investment advisory firm Casey Research has published a list of the next generation of men and wom…