New Dawn In Zimbabwe
New Dawn Mining (ND-T) plans to take its 100%-owned Turk gold mine in Zimbabwe out of care and maintenance and put it back into production, says the company’s president and CEO, Ian Saunders.
Gold
Hochschild Offers $22.5M For Southwestern
VANCOUVER — With its Boka troubles finally settled, Southwestern Resources (SWG-T, SWGGF-O) has found itself with a suitor: Hochschild Mining (HCHDF-O, HOC-L) has made a bid to acquire the Vancouver-…
Jaguar Financial Derails Cadiscor-Tiomin Tie-Up
A risk of legal action from Jaguar Financial (JFC-T, JGFCF-O) was enough to derail a proposed friendly merger between Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O).
Platinum Group Metals Lands Japanese Investment
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from large, quasi-governmental institutions.
M&A Kicks Up A Notch
As so often happens right after the Prospectors and Developers Association of Canada convention in Toronto, the tenth trading week of 2009 saw a surge in mergers and acquisitions activity, particularl…
‘Squeaky Clean’ Lydian Gets Help From EBRD, IFC
The European Bank of Reconstruction and Development (EBRD) will invest $1.6 million to finance Lydian International’s (LYD-T) exploration projects in the Western Balkans.
Quadra Mining to raise $75 million
In a bought deal agreement with a syndicate of underwriters, Quadra Mining (QUA-T) will raise C$75.3 million that i…
Guinea orders AngloGold to shut Siguiri over trivial matter
Some military junta chiefs sure can be sticklers for etiquette.Take Guinea’s Captain Moussa Dadis Camara.
BC approves Terrane’s Mt Milligan
Vancouver – The British Columbia government has approved an environmental assessment certificate for Terrane Meta…
Forecasters see most commodities rebounding in 2010
One of the most anticipated, and well-attended, sessions in this year’s PDAC convention in Toronto was headlined Co…
Northrock gets good gold grades in Nunavut
Vancouver – Northrock Resources (NRK-V) drilled high grade gold over decent widths at the Turner Lake property, abo…
Semafo posts record financial results for 2008
It may have been a year many companies would prefer to forget, but 2008 was one of the best years in Semafo’s (SMF-…