Rusal sorts out debt; plans to list
It took dealing with more than 70 lenders, but Rusal has managed to restructure its giant load of debt.The m…
Russia and CIS
Lydian Earns Risk Reward With Growing Armenian Gold Discovery
SITE VISIT YEREVAN, ARMENIA — The first-mover exploration model only succeeds when the chosen country provides that perfect balance of geological potential, economic openness and government stability. In Armenia, it…
Gabriel Gets New Investor For Rosia Montana (November 23, 2009)
A risk-tolerant investor with faith that the troubled Rosia Montana gold project in Romania will one day get off the ground, is buying 30 million units of Gabriel Resources (GBU-T, GBRRF-O) at $2.25 p…
Russian Bank Rescues High River
A leading Russian investment bank and asset management firm is coming to the aid of indebted High River Gold Mines (HRG-T, HRIVF-O) with a US$57-million financing.
Russians to the rescue for High River Gold
A leading Russian investment bank and asset management firm is coming to the rescue of indebted High River Gol…
Fortress bulks up on Russian gold
Fortress Minerals’ (FST-V) latest results from Russia show a promising project, even if it is within a country…
Copper-hungry China launches Aynak project in Afghanistan
China Metallurgical Group is pushing ahead with a copper project in war-torn Afghanistan that would test the r…
Lundin to sell Ozernoe
Vancouver – Lundin Mining (LUN-T, LMC-N) is saying goodbye to Russia, having agreed to sell back its 49% stake…
Century Mining raises equity for Lamaque
Cash-strapped Century Mining Corporation (CMM-V) has pulled a rabbit out of its hat with a tentative investmen…
Severstal ups offer for High River Gold by 36%
Russia’s Severstal is inflating its cash offer for financially troubled High River Gold (HRG-T) to 30¢ a …
Svetloye gold project keeps providing promise for Fortress
Vancouver – Preparing for a drill program in Russia’s far east is not easy but Fortress Minerals (FTS-V) is be…
Euromax Receives US$13.5M Payment For Bulagou
VANCOUVER — With US$13.5 million now in the bank from the sale of a gold property in China, Euromax Resources (EOX-V, EOXFF-O) is ready to step up exploration efforts on its projects in Macedonia and…