The remarkable story of Aurelian Resources and its discovery of Fruta del Norte — a blind gold deposit the company’s geologists found in the Cordillera del Condor in southeastern Ecuador…
DEER LAKE, NEWFOUNDLAND AND LABRADOR — “Zero degrees and no wind, not bad for the middle of January,” Norman Williams, president and CEO of Rambler Metals and Mining (TSXV: RAB;…
In its first investment in a Canadian mining company, private equity firm Denham Capital is giving JDS Silver US$65 million to complete construction of Silvertip, a silver-lead-zinc mine in northern…
With a management team loaded with former executives from BHP Billiton (NYSE: BHP) and a definitive feasibility study under its belt for a specialty metal project with a 20-year mine…
After a year of talks and hundreds of hours of due diligence, BHP Billiton (NYSE: BHP) has signed an option agreement to earn a 75% stake in Aston Bay Holdings’…
Eduardo Elsztain — one of Argentina’s richest men — has been buying and selling hard assets for the last 35 years. His first real estate deal in 1982, when he…
TMAC Resources (TSX: TMR) aims to get its flagship Hope Bay gold project in Nunavut into commercial production in early 2017. Located in the Kitikmeot region, 125 km southwest of Cambridge…
It was the last, biggest and most vocal defender in the mining industry of maintaining the status quo with respect to its generous dividend policy, but BHP Billiton has finally succumbed to industry-wide trends and deeply cut its dividend, and…
BHP Billiton’s (NYSE: BHP) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property, in Somerset Island, Nunavut.
The Dow Jones Industrial Average and S&P 500 Index both failed to register annual gains, while posting small gains during the trading period. The Dow added 7.7 points to end at 17,425.03, down 2.2% for the year. This is its first annual…
As we all know, mining is a cyclical business, and by all appearances we are into the stage of the commodities cycle where many of the biggest, highest-quality major mining companies, especially base metal miners, are trimming and even…
Data released ahead of the U.S. Thanksgiving holiday on Nov. 26 showed that gross domestic product in the U.S. grew 2.1% in the third quarter — not the 1.5% reported in October — while single-family home sales in October rose 10.7%,…
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