Uranium One’s Q1 revenues, profits on the rise
Uranium One’s (UUU-T) first-quarter profits rose substantially to US$14 million over the same period last year, which saw a net loss of US$1.4 million, but was still below market expectations.
Russia and CIS
White Tiger curls up with cash-strapped Century Mining (March 18, 2011)
Vancouver – Financially troubled gold producer Century Mining (cmm-v) has agreed to an all-share takeover bid by White Tiger Gold (wtg-t), a newly listed gold miner 74% controlled by Russian mining promoter Maxim Finskiy. Century has struggled…
Ivanhoe, Altynalmas boost resource at Bakyrchik
A 50% increase of indicated resources at the Bakyrchik gold deposit “bodes well” for the definitive feasibility study that is due by June, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Ivanhoe and Altynalmas boost resource at Bakyrchik
A 50% increase in indicated resources at the Bakyrchik deposit “bodes well” for the definitive feasibility study that is due out in the second quarter of 2011, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Carpathian pulls long gold-copper hit in Romania
Vancouver – A deep drilling program at the Rovina Valley project in Romania has returned the longest and highe…
Rosatom chief is looking for a success story with Uranium One
Sergey Kirienko, the director general of Russia’s Rosatom, said the state-run nuclear holding company had no p…
Moscow’s ARMZ starts marketing itself
Like the Anna character in the Rodgers and Hammerstein musical The King and I who sings ” Getting to Know You” as she tries to build relationships with the wives and children of the King of Siam, Vadi…
Russia’s ARMZ starts marketing itself in the West
Like the character of Anna in the 1951 Rodgers and Hammerstein musical The King and I who sings the tune “Gett…
Kinross buys Russian licences from B2Gold Corp.
Kinross Gold (K-T, KGC-N) is buying B2Gold’s (BTO-T) right to acquire an interest in the Kupol East and West l…
Fortress accepts Polymetal’s offer for Svetloye
Offering US$9.25 million in cash, Russian gold-silver producer Polymetal (MICEX-L) has trumped an earlier offer by MacRitchie Metals for a 100% stake in the Svetloye gold project owned by Vancouverbas…
Ivanhoe completes prefeasibility on Kyzyl project in Kazakhstan
A prefeasibility study on an underground mining operation at the Kyzyl gold project in northeastern Kazakhstan…
Fortress accepts superior offer from Russian company for Svetloye
Offering US$9.25 million in cash, Russian gold and silver producer JSC Polymetal has trumped an earlier offer …