Frontier rejects hostile bid by Eldorado
VANCOUVER–The board of Frontier Pacific Mining (FRP-V) is recommending that shareholders reject an unsolicited takeover bid from Eldorado Gold (ELD-T, EGO-A) valued at about $148 million, or $157 mil…
2008
Human geology 101
A smouldering controversy over the resettlement of villagers in South Africa to make way for the expansion of an Anglo Platinum (AMS-J, AGPPF-O) mine underscores the importance of getting relocation e…
Fertilizer prices lure Great Western Minerals
Hoping to cash in on spiking fertilizer prices, Great Western Minerals Group (GWG-V, GWMGF-O) is evaluating whether to develop phosphate as a byproduct at its Hoidas Lake rare earth elements property …
TSX VENTURE SHORT POSITIONS (June 09, 2008)
Short positions outstanding at May. 15/08 (with changes from Apr. 30/08).
Great Panther roars in Mexico (June 09, 2008)
SITE VISIT GUANAJUATO, MEXICO– Great Panther Resources (GPR-T, GPRLF-O) has reopened the historic Guanajuato silver mine, which the company believes has produced more that 1 billion oz. of silver sin…
Diagem thwarted in Brazilian Amazon (June 09, 2008)
Diagem (DGE-V, DGEMF-O) has stopped activities at its Chapadao diamond project in Brazil.
Mining industry tackling skills shortage
The story is the same across the entire mining industry in Canada: a serious labour shortage. While Canada’s mining industry is growing, creating strong demand for workers, at the same time supply is …
Kupol comes online
The week ended May 31, the 22nd trading week of 2008, was highlighted by a feat many said was too difficult to pull off.
INTERNATIONAL QUOTES (June 09, 2008)
Australia (A$) June 3 May 27 Change Bendigo Mining 0.30 0.31 -0.01 Centamin Egypt 1.38 1.42 -0.04 Croesus Mining 0.04 0.33 -0.29 Kingsgate Cons. 5.50 5.62 -0.12 Lion …
BID-ASK — MAY 27-JUNE 2, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.18 0.12 Anglo-Bomarc V 0.12 0.18 0.15 0.30 0.11…
B2Gold off to a good start at Quebradona
B2Gold’s (BTO-V, BGLPF-O) first set of drill results from its Quebradona joint-venture property in Colombia has confirmed grades from surface sampling and trenching with some near-surface intersection…
Terrane lands $40M loan for Mt. Milligan
Majority shareholder Goldcorp (G-T, GG-N) has agreed to guarantee a loan to Terrane Metals (TRX-V, TRXOF-O) for up to $40 million for capital equipment procurement at its 100%-owned Mt. Milligan coppe…