A Chinese group that invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before Canaco discovered the Handeni gold deposit has added to its large interest in Nova Scotia explorer Silvore Fox Minerals (SFX-V).
Vancouver – Corporate social responsibility (CSR) continues to be a largely voluntary, loosely defined initiative, but pressures from a number of sources continue to make it harder to ignore.
Even though it has yet to complete an initial National Instrument 43-101-compliant resource estimate for its recently acquired Trident copper project in Zambia, Vancouver-based copper miner First Quantum Minerals (FM-T, FQM-L) held a…
Along with many other uranium explorers and producers these days, Mali-focused explorer Rockgate Capital (RGT-T) remains valued at roughly half the level it traded at before the March 11 earthquake in Japan and the resulting crisis at the…
At home and away, Canadian-listed diamond explorers are on the hunt. Here’s a look at what some of these juniors are doing to find the next generation of diamond (and…
Allana Potash (AAA-V) continues to define what is shaping into a world class potash play in Ethiopia. The company has grabbed the market’s attention over the last 12 months with shallow depth intercepts of up to 37.8 % KCl and now Allana says…
The board of Equinox Minerals (eqn-t, eqn-a) is withdrawing its bid for Lundin Mining (lun-t) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (abx-t, abx-n), which values the company at about $7.3 billon. The…
Gold Fields (GFI-N, GFI-J) wants as much control over its key mining assets as it can get, and is buying Iamgold’s (IMG-T, IAG-N) minority stake in a project in Ghana.
Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s past…
Just a few days after announcing that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a major Chinese gold mining firm to develop its large swath of gold properties in the…
Banro (BAA-T, BAA-X) says it was nothing more than a rumor but whatever its merit an unspecified document sent the company’s shares surging over a three-day period. While the company would offer no direct information as to the nature of the…
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. Over the past few days, packs of soldiers in several small…
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