Newmont bids for Fronteer
Newmont Mining (NEM-N) is the latest to join the wave of merger and acquisition activity that is washing over Canadian mining companies.
Newmont Mining Corporation
Newmont proposes to buy Fronteer Gold
Newmont Mining (NEM-N) is the latest to join the wave of merger and acquisition activity that is washing over Canadian mining companies.
TSX pulls back as gold falls over Jan. 4-7 trading period
The resource-heavy TSX closed out its first week of the New Year for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin. However, by the end of the week, stocks…
U.S. Markets end year on high note
U.S. stocks closed out a second consecutive year of gains, recovering to levels last seen prior to the collapse of Lehman Brothers in September 2008 and the ensuing recession. Over the year, the S&P 500 index rose 12.8% and the Dow Jones…
Rio Alto to raise $50 million for La Arena
Rio Alto Mining (RIO-V, RIOAF-O) is raising $50 million in a private placement to fund its La Arena copper-gold project, 480 km northwest of Lima in Peru.
Newmont ups stake in Loncor Resources
DR Congo explorer Loncor Resources (ln-v) is $6.8 million richer after Newmont Mining (nmc-t, nem-n) exercised some 2 million in-the-money warrants worth $2.9 million and took down a non-brokered $3.9 million private placement. Newmont Mining…
U. S. Markets end week on positive note despite poor jobs market
U.S. stocks finished the week with a strong performance, amid mixed economic data. While U.S. retailers reported strong November sales, a new jobs report showed unemployment had risen to a seven-month high of 9.8% in November as hiring slowed….
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 …
Western Pacific lays claim to Mineral Gulch
SITE VISIT CASSIA CTY., IDAHO — Rising prominently out of the flat scrubland, it is hard to believe the site of the past-producing Black Pine gold mine lay largely forgotten…
Harvest rises on the strength of the drill
Harvest Gold (HVG-V) caught the market’s attention with drill results that indicate the site of the former Ros…
Reuters reports possible two-year ban on Indonesian forest clearing permits
BHP Billiton (BHP-N) declined to comment on a Reuters news story in The Jakarta Globe that reported Indonesia …
Copper dream team starts Cupric Canyon Capital
What do Timothy Snider, Dennis Bartlett, Lowell Shonk, Stephen Enders, David Naccarati, Rodney Prokop and Robe…