Land deal paves the way for Torex
Torex Gold Resources’ (TXG-T) work on the community relations side of the mining business is bearing fruit.
2012
Australia’s imposes 30% mining tax
The Australian Parliament on March 19 passed a bill for a new 30% mining tax on iron ore and coal mine profits in the country, leaving some miners and business groups in a fury.
African Gold Group extends mineralization at Kobada
Northern step out holes drilled at the Kobada gold project in southern Mali will have a positive impact on a revised resource estimate due later this year, African Gold Group (AGG-V) says.
Short Position Report
TSX Short Positions Short positions outstanding at Mar. 15/12 (with changes from Feb….
Calvista carves out piece of rich Colombia gold district
Vancouver — Clutching a few small blocks of property in what is probably Colombia’s most famous gold mining district, Calvista Gold (CVZ-V) is having little trouble hitting gold.
Sandstorm a rising star in commodity-stream financing
Vancouver — Sandstorm Gold (SSL-T) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm…
Macusani Yellowcake not letting a little merger get in the way of drlling
As Macusani Yellowcake (YEL-V) closes in on finalizing its friendly takeover of Southern Andes Energy (SUR-V) the company continues to prove up the uranium potential of southern Peru.
Wood Mackenzie ponders nickel outlook
The nickel sector was caught a little off guard last month when an Indonesian press report claimed the Southeast Asian nation intends to bring forward its proposed ban on nickel exports by as much as two years, from January 2014 to as early as…
Glencore eyes Viterra in $6.1B deal
Swiss-based Glencore International (GLEN-L) has tabled a friendly $6.1-billion cash bid for Saskatchewan-based grain handler Viterra (VT-T, VTA-A).
Aureus making history in Liberia with New Liberty
Vancouver — Aureus Mining (AUE-T, AUE-L) is taking big steps towards kick-starting development at its 100%-owned New Liberty gold project 90-km northwest of Monrovia, Liberia.
Columbus grows Paul Isnard
The latest results from Columbus Gold’s (CGT-V) Paul Isnard gold project in French Guiana have the company thinking big.
U.S. equity markets climb higher, Mar. 12-16
Optimism about the U.S. economy sent the Dow Jones Industrial Average and the S&P 500 Index both up 2.4% during the Mar. 12-16 trading week, with the DJIA closing at 13,232.62 points and the S&P 500 at 1,404.17. Upbeat economic news…