Azarga Uranium to merge with URZ Energy
The merger of Azarga Uranium (TSX: AZZ; US-OTC: PWURF) and URZ Energy (TSXV: URZ; US-OTC: URZZF) will create a new uranium development company focused on in-situ recovery (ISR) uranium deposits…
United States
Editorial: Former Massey Energy CEO, ex-con Blankenship attempts comeback in US Senate
It’s hard to figure out what the lessons are here, but the audacity and sheer political spectacle can’t go unremarked: the disgraced former CEO of Massey Energy, Don Blankenship, is…
TSX Venture continues slow slide, April 30-May 4
The S&P/TSX Venture Composite Index fell 1.47% to end the trading week at 772.24. The index has been on a three-week slide since mid-April, when it traded briefly above 800…
TSX rises slightly, April 30-May 4
Canada’s benchmark index rose 0.38% to 15,729.4, with little movement in Canadian markets. The S&P/TSX Global Mining Index rose 1.62% to 73.18, while the S&P/TSX Global Gold Index fell 0.13%…
TSX Venture falls, April 2-6
The S&P/TSX Venture Composite Index fell 3.45% to end the trading week at 769.15. The index had traded above 800 for most of 2018 before crashing as low as 754…
US markets fall, March 19-23
Gold rose 2.5% to close at US$1,346.8 during a poor week for U.S. markets. The Philadelphia Gold and Silver Index rose 3.5% to 81.5, the Dow Jones Industrial Average fell…
Pershing builds Relief Canyon
Pershing Gold (TSX: PGLC; NASDAQ: PGLC) is pursuing step-out and infill drilling at its Relief Canyon gold-silver project in Pershing County, 150 km northeast of Reno, Nev., while raising capital…
California Gold drills Queen Specimen in Mariposa
California Gold Mining (TSXV: CGM; US-OTC: CFGMF) is drilling a new target at its flagship, 100%-owned Fremont gold project in Mariposa County, Calif., as it tries to establish a second…
Alio Gold to acquire Rye Patch in all-share deal
In an effort to diversify geopolitical risk and transform itself from a single-asset producer, Mexico-focused Alio Gold (TSX: ALO; NYSE: ALO) is buying Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF)…
Hecla to acquire Klondex for US$462M
Hecla Mining (NYSE: HL) is acquiring Klondex Mines (TSX: KDX) and its Fire Creek, Midas and Hollister mines in Nevada — three of the highest-grade gold mines in the U.S.,…
Facts ‘n’ Figures: Global exploration spending on the rebound, study finds
The following is an edited excerpt from the World Exploration Trends report, released by S&P Global Market Intelligence. To see the full report, visit www.spglobal.com/marketintelligence. Things are looking up for…
First Cobalt to acquire US Cobalt and its Iron Creek project in Idaho
The proposed acquisition of a junior explorer with a cobalt project in Idaho will give Canada-focused First Cobalt (TSXV: FCC; US-OTC: FTSSF) a footprint in the U.S. and burnish its…