With gold equities having underperformed for more than a year despite the gold price hitting a series of new all-time highs, many analysts have predicted a fresh wave of M&A activity for the gold sector in 2012, arguing it represents one of…
Korea Electric Power Corporation is taking a 13.9% stake in Strathmore Minerals (STM-T) in a deal that will also give the Korean energy giant off-take rights to a portion of the uranium junior’s future production.
Vancouver – Haiti-focused Majescor Resources (MJX-V) has announced several encouraging copper and silver hits over two days from its 71%-owned Somine project, sending its share price upwards.
U.S. rare earths producer Molycorp (MCP-N) is giving Chile-based Molibdenos y Metales (Molymet) 12.5 million shares in exchange for US$390 million. That works out to US$31.20 apiece – a 10% premium to Molycorp’s 20-day volume weighted average…
Instead of the pomp of a new mine opening, Latin American Minerals (LAT-V) dashed investors hopes of any ceremony by announcing that it was suspending operations at what was set to become Paraguay’s first modern gold mine.
A new resource estimate for the Mt. Philp haematite iron prospect in Australia shifts more inferred resources into the indicated category but has failed to lift the shares of Cerro Resources (CJO-V, CJO-A).
Slovakia–a country roughly the size of South Carolina–has four nuclear reactors generating half the nation’s electricity needs with two more reactors planned or under construction, making Tournigan Energy’s (TVC-V) flagship Kuriskova…
Vale (vale-n) has temporarily halted all of its underground mining activity at its five nickel-copper mines in Sudbury, Ont., following the death of a miner at the Coleman mine on Jan. 29.
AMC Mining Consultants has given the thumbs up to Silvercorp Metals’ (SVM-T, SVM-N) silver-lead-zinc project in southern China in a prefeasibility study that outlines a net present value of $73.7 million at an 8% discount rate, an…
Burkina Faso has recently seen more gold mining due to its relatively stable government, favourable geology, modern mining code and attractive fiscal regime.
Perth-based Perseus Mining (PRU-T, PRU-A) has brought its first West African gold mine to commercial production, pouring 35,801 oz. gold in the fourth calendar quarter of 2011 from the Edikan gold mine in Ghana.
Vancouver -The S&P TSX Venture Composite Index saw a healthy gain of 57.58 points in the January 23 to 27 period, ending at 1,628.92 points after four days of gains and one day of losses. Volume was up significantly with an average of 132…
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