Borden yields quick return for Probe Mines
It didn’t take Probe Mines (PRB-V) long to prove to the world that its decision to sell a royalty on one past producing mine to invest more into a potential mine was a sound decision.
2012
Colombian rebels like gold
Income from gold mining has overtaken drug trafficking in some provinces for the Revolutionary Armed Forces of Colombia, or FARC, according to a new report from political risk firm Exclusive Analysis.
Maudore’s new management tries to right the ship
VANCOUVER — It has been a bit of a whirlwind over the past five months for Quebec-focused gold explorer Maudore Minerals (MAO-V).
Editorial: Snookered by CNOOC
Canada’s federal government surprised quite a few Canadians in early December by approving the sale of two large Western Canadian oil and gas players to two Asian governments — a decision that will have wide ramifications for future…
Double Trouble for Taseko
VANCOUVER — So far, the holiday season has not been very merry for Taseko Mines (TKO-T, TGB-X), which is facing a potential strike at its operating mine and a new setback in the seemingly endless effort to permit its new mine.
Coeur to take 100% of Joaquin
Some mining companies find it tough going in Argentina, particularly in less mining-friendly provinces like Chubut where the state government has proposed higher taxes and royalties. And even in more benign, mining friendly states like Santa…
Centerra commits to Turkey
Centerra Gold (CG-T) is going all-in on a Turkish gold project as the company is acquiring the final 30% interest in the Oksut Gold Project from Stratex International (STI-L) for $20 million in cash and a 1% net smelter return that is…
Market news: Toronto Stock Exchange
Toronto’s resource-heavy index fell during the trading week as strong job creation in Canada and the U.S. did little to squash concerns of the fast-approaching fiscal cliff.
Market news: TSX Venture Exchange
The S&P/TSX Venture Composite Index lost more ground during the trading sessions, dropping 2.8%, or 34.8 points, before closing at 1,186.06. Uncertainty over U.S. economic policy negotiations and the upcoming fiscal cliff offset strong…
Market news: U.S. markets
The theme for the period was competing forces, as an upbeat report on U.S. jobless claims weighed against no progress in budget negotiations for the coming fiscal cliff. The tension between the two made for mixed results over the period, as the…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 11, 2012Precious MetalsPrice…
Keegan and PMI merging to form Asanko Gold
With debt and equity financings hard to come by, mine developers are turning to more creative ways to finance their projects.