ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Gold
Linear Gold And Central Sun Mining To Wed
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the months ahead, like the proposed coupling of Linear Gold (LRR-T, LGCFF-O) and Central Sun …
West Timmins And Lake Shore Find New High-Grade
VANCOUVER — West Timmins Mining (WTM-T, WTMNF-O) and Lake Shore Gold (LSG-T, LSGGF-O) have hit gold. The joint-venture partners’ latest discovery on the West Timmins land package in Ontario is a high…
Semafo ramps up gold production in West Africa
At a time when miners have been hard pressed to deliver good news, Semafo (SMF-T) managed to pull out a nugget for …
Canarc reports better project economics for New Polaris
Canarc Resource (CCM-T) has announced improved returns calculated for the New Polaris gold project in northwester…
Woodjam shaping up for Fjordland and Cariboo
Vancouver – Drill intercepts showing long consistent grades of copper, molybdenum and gold on the Woodja…
Premier gets into gear for 2009
While Premier Gold Mines (PG-T) is busy making a name for itself through three projects in northwestern Ontario, it…
Normabec positive about Pitt gold project
Normabec Mining Resources (NMB-V) released some promising drill results from its Pitt gold property 35 km north of …
NovaGold raises $60 million in ‘gut-wrenching’ time
A private New York company has agreed to take on a 30% interest in cash-strapped NovaGold Resources (NG-T, NG…
New Gold puts Amapari mine on care and maintenance
Six years ago mining tycoon Ian Telfer described the Amapari gold mine in Brazil as “one of the best undevelo…
SouthGobi sells metal properties to Ivanhoe
Vancouver – For $3 million Ivanhoe Mines (IVN-T, IVN-N) is buying all the metal assets of its 79% owned spin-off So…
Gold Reserve’s board rejects Rusoro’s takeover bid
Calling Rusoro Mining’s (RML-V, RMLFF-O) unsolicited bid “opportunistic” and “financially i…