Toronto-based gold producer Primero Mining (P-T, PPP-N) has waded into merger-and-acquisition waters with a friendly offer to buy Australian gold explorer Cerro Resources (CJO-V, CJO-A) in an all-stock deal worth US$120 million.
HD Mining wants to develop an underground coal mine in northern B.C. The resource on its property is as good as it gets in the coal world — high-quality metallurgical coal, the kind used to make steel — and there’s enough of…
Before gaining power in Quebec halfway through the year, the Parti Québécois was critical of Plan Nord, the Charest government’s ambitious 25-year, $80-billion blueprint for developing natural resources north of the 49th…
The S&P/TSX Composite Index rose 84 points to 12,296.72 for the period, as stronger-than-anticipated manufacturing numbers out of China outweighed fears over the looming fiscal cliff south of the border.
The second week of December was a sideways one for the S&P/TSX Venture Composite Index, as it alternated between small gains and small losses to end the session up just 0.66 point at 1,183.62. Trading volumes were average, ranging between…
Revenue from by-products phosphate, vanadium and yttrium will more than pay for the mining and extraction of uranium oxide at U3O8 Corp.’s (UWE-T, UWEFF-O) Berlin project in Colombia, according to a preliminary economic assessment (PEA).
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets down, with the Dow Jones Industrial Average slipping 0.32%, or 4.49 points, to close at 1,413.58, while the S&P 500 Index lost 0.15%, or 20.12 points, to…
It has been a bit of a whirlwind over the past five months for Quebec-focused gold mine developer Maudore Minerals (MAO-V).
Spot pricesCourtesy of ScotiabankTuesday, December 18, 2012Precious MetalsPrice…
Toronto-based Duluth Metals (DM-T) and 40% joint-venture partner Antofagasta (ANTO-L) can claim to hold one of the largest pollymetallic sulphide deposits following a resource update on the Twin Metals project near Ely, Minn. Duluth announced…
Controlling a district rich with volcanogenic massive sulphides has its advantages.
Income from gold mining has overtaken drug trafficking in some provinces for the Revolutionary Armed Forces of Colombia (FARC), according to a new report from political risk firm Exclusive Analysis.
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