Bad timing for Banro
Unrest in the Democratic Republic of Congo couldn’t have come at a worse time for Banro Corp. (BAA-T), whose Twangiza gold mine started commercial production there in September.
2012
Kevin Thomson tracks M&A trends
Kevin Thomson is a senior partner at Davies Ward Phillips & Vineberg and one of Canada’s leading mergers and acquisitions lawyers. He has acted for bidders and target companies in a large number of solicited and unsolicited takeover…
El Nino sees progress at Murray Brook
VANCOUVER — It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook pollymetallic massive sulphide project 60 km outside of…
Copper Mountain Mining gains traction
Mid-cap Copper Mountain Mining (CUM-T) and its majority-owned copper-gold-silver open-pit mine near Princeton in southern British Columbia, is a potential takeover target, says Orest Wowkodaw of Canaccord Genuity.
Auriga has new vision for Puffy Lake
Auriga Gold (AIA-V) wants to bring the Puffy Mine in western Manitoba back to life — only this time as a more modest and efficient operation.
Metals commentary: The state of global platinum supply
The global economic recession caused platinum demand in the car and jewelry sectors to enter a cyclical downturn. However, a substantial supply reduction due to the labour strife in South Africa moved the platinum market from surplus to deficit…
Short Position Report
Here are the latest short position reports from the Canadian Exchanges.
Miners remain optimistic at the Quebec mining convention
Amara gets a handle on Baomahun
Amara Mining (AMZ-T) has increased the scope and its understanding of the Baomahun project in Sierra Leone.
Pretium works to conquer the Valley of the Kings
VANCOUVER — In a drive to complete a feasibility study on its wholly-owned Brucejack gold-silver project 65 kilometers north of Stewart, B.C., Vancouver-based Pretium Resources (PVG-T, PVG-N) released an updated resource estimate on its…
MAG Silver faces activists in Mexico
Local media reports that landholders from the local community of Ejido have voted to expel MAG Silver (MAG-T) from its Cinco de Mayo property in Mexico and ban mining in the area for 100 years have sent shares in the mining company down by…
Rival bid emerges for Talison
A Chinese conglomerate with interests in battery making and lithium production has trumped an earlier takeover bid for Talison Lithium (TLH-T) by New Jersey-based chemical maker Rockwood Holdings (ROC-N).