Crocodile may get a lowball offer
Luxor Capital Group, a New York-based investment company, intends to make a partial bid for Crocodile Gold (crk-t), which operates gold mines in Australia.
2011
Revolution set to come to Mexico
Revolution Resources (RV-T) is set to make its mark in Mexico as the company closed a deal with Lake Shore Gold (LSG-T) to earn a 100% stake in four properties in prime gold producing ground.
Patagonia Gold lists on the TSX
With the backing of one of Argentina’s biggest industrialists and plans to start generating free cash flow in the South American country by 2013, Patagonia Gold (PAT-T, PGD-L) and its recent listing on the Toronto Stock Exchange could start to…
Western Lithium completes prefeasibility on Kings Valley
Jay Chmelauskas bought his 100%-electric Nissan Leaf about a month ago and charges its battery at one of two charging stations across the street from the Pan Pacific Hotel in downtown Vancouver. The car gets him around town and his family…
Afghanistan’s push to develop its mineral resources
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Afghanistan’s Minister of Mines, His Excellency Wahidullah Shahrani, is preparing for a very different kind of deployment.
Chalice Gold looks to sell its main asset
Chalice Gold Mines (cxn-t, chn-a) could potentially sell its 60% stake in the Zara gold project in northern Eritrea.
Rio wins filing, Ivanhoe stock falls
While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.
Matamec signs MOU with Toyota Tsusho
Shares of Matamec Explorations (MAT-V) have taken off after the junior announced that it has signed a memorandum of understanding with the trading arm of Toyota Motor Group to fast-track the development of its Kipawa rare earths deposit in…
Cardero’s share of Carbon Creek at $752M NPV
Vancouver – Cardero Resource (CDU-T) has released a preliminary economic assessment on its 75%-owned Carbon Creek metallurgical coal project in Northeast British Columbia only months after securing majority ownership of the project.
Venture ends down slightly in Dec 5-9 period
Vancouver – The S&P TSX Venture Composite Index finished off the December 5 to 9 period at 1,547.31 points, down 9.57 points after dropping on four days and rallying on the fifth. Volume was up slightly at an average of 93.7 million shares…
U.S. markets eke out small gains, Dec. 5-9
U.S. equities ended the week marginally higher as leaders in the European Union-with the exception of Great Britain-agreed in principal to draft a new treaty to form a closer fiscal union in the Euro zone. But skepticism about whether Europe…
U.K. fraud office looks into Eurasian Natural Resources
London, U.K. – The Serious Fraud Office (SFO), an independent department of the British government that investigates and prosecutes serious or complex financial fraud and corruption, is looking into allegations of unlawful activity at Eurasian…