Eldorado to grow after good year
Eldorado Gold (ELD-T, EGO-N) rode a wave of higher production and rising gold prices to record earnings in 2011.
2012
Nunatsiavut government lifts moratorium on uranium
A measure of certainty mixed with relief has flooded back into the market about uranium exploration in Labrador after the Nunatsiavut government lifted its three-year moratorium on working, producing, mining and developing uranium on lands…
China’s commodity super cycle is over: Credit Suisse’s Tao
The golden age of China’s infrastructure investment, housing boom, exports and policy stimulus is behind us, argues Dong Tao, Credit Suisse’s head of non-Japan Asia Economics, in a March 5 report to clients.
First Uranium to sell its South African assets
First Uranium (FIU-T) says it will sell chief assets — the Mine Waste Solutions (MWS) tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa — for US$405 million as the underperforming junior…
Coro takes a second swing at San Jorge
One week after renegotiating a purchase agreement on its San Jorge copper-gold porphyry project in Argentina’s Mendoza province, Coro Mining (COP-T) will take another shot at getting the government permits it needs to proceed with mine…
Prophecy Platinum and Ursa Major to merge
Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.
McEwen charms investors at PDAC
“Gold is money. If you don’t have gold, you better get some,” says Rob McEwen, chairman and CEO of McEwen Mining (MAQ-T, MUX-N), in a corporate presentation at the Prospectors and Developers Association of Canada’s…
La Ronge soars 150% on preliminary results from Preview
Add La Ronge Gold (LAR-V) to the list of junior gold explorers that enjoyed triple-digit percent gains this quarter.
Editorial: McEwen bets on innovation, calls $200 silver
Rob McEwen is known for thinking outside the box, so it wasn’t surprising to learn that McEwen Mining — a company he created in January through the combination of U.S. Gold and Minera Andes, in which he owns a 25% stake — is…
Facts ‘n’ figures: 2011 nearly a record year for mining M&A, says PwC
The following is an edited excerpt from PwC’s report, entitled: On the road again? Global mining 2011 Deals Review and 2012 Outlook. All figures are in U.S. dollars unless otherwise indicated. To see the full report go to…
PDAC celebrates 2012 award winners
During this year’s Prospectors and Developers Association of Canada (PDAC) convention, the annual awards evening on March 5 at Toronto’s Fairmont Royal York hotel honoured outstanding contributions and excellence in the minerals…
Molycorp proposes key deal to buy Neo Material
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.