Lundin Gold Inc

The 250-person camp at the Fruta del Norte gold project in Ecuador, which Fortress Minerals is buying for US$240 million. Credit: Fortress Minerals

Lundin’s Fortress to buy Fruta del Norte

Kinross Gold (TSX: K; NYSE: KGC) acquired the Fruta del Norte gold project in Ecuador through its US$1.2-billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013…




Venture flat in June 4-8 period

VANCOUVER — The S&P TSX Venture Composite Index was virtually unchanged in the June 4-8 period, ending up a little over a point at 1,292.93 points. Volume also saw little change, in line with recent weeks at an average of 69 million…


Fortress accepts Polymetal’s offer for Svetloye

Offering US$9.25 million in cash, Russian gold-silver producer Polymetal (MICEX-L) has trumped an earlier offer by MacRitchie Metals for a 100% stake in the Svetloye gold project owned by Vancouverbas…







IUC to raise $45 million

Vancouver – Looking to capitalize on its strong equity rally, International Uranium (IUC-T) is lining up a $45 mill…


A Batu Mining camp in Mongolia's Gobi Desert. The company is exploring numerous properties throughout the country.

Mongolia’s Aussie ambassador

Perth, Western Australia — In the aftermath of the Bre-X scandal, Canadian Armand Beaudoin, a fellow prospector working with Aussie Doug McGay in Indonesia, suggested McGay should break camp and head…


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