Newmont bids for Fronteer
Newmont Mining (NEM-N) is the latest to join the wave of merger and acquisition activity that is washing over Canadian mining companies.
United States
Canadian coal miners riled by US deal with Ridley Terminals (February 14, 2011)
British Columbia and Alberta coal producers have accused a federal Crown corporation of “putting American jobs ahead of Canadian jobs” after St. Louis-based Arch Coal (ACI-N) announced a five-year deal to ship Powder River basin coal from the…
Romarco’s feasibility study on Haile is positive
Just three years after acquiring the Haile deposit in South Carolina, Romarco Minerals (R-T) has completed a positive feasibility study that demonstrates the project would have one of the lowest operating costs and highest grades of any…
With all the fuss about potash, where’s the love for phosphate?
Rising food prices have turned the conversation in many mining circles to potash, and potash juniors have benefited as they’ve been some of the best performers in Toronto over the last month.
Entre Gold gets off to good start at Ann Mason
Entrée Gold’s (ETG-T, EGI-X) first diamond drill hole at its 100%-owned Ann Mason porphyry copper-molybdenum deposit in western Nevada’s Yerington district returned 988 metres of copper mineralization in what Greg Crowe, the…
Canadian coal miners riled by US deal with Ridley Terminals (February 08, 2011)
Vancouver – British Columbia and Alberta coal producers have accused a federal Crown Corporation of “putting American jobs ahead of Canadian jobs” after St. Louis-based Arch Coal (ACI-N) announced a five-year deal to ship Powder River Basin…
Alpha, Massey to hook up
The proposed merger of Alpha Natural Resources (ANR-N) and Massey Energy (MEE-N) announced Jan. 29 will create a top-three global metallurgical coal producer in a transaction that will be cash flow accretive in the first full year of operation…
Midway positioning Pan for production
Eureka, Nevada – Using the Pan gold project in Nevada as a springboard, Midway Gold’s (MDW-V, MDW-X) President and Chief Operating Officer Kenneth Brunk is intent on transforming the company into a producer. He is confident that this year’s…
Newmont proposes to buy Fronteer Gold
Newmont Mining (NEM-N) is the latest to join the wave of merger and acquisition activity that is washing over Canadian mining companies.
International Minerals increases gold resource at Goldfield Project, Nevada.
A year after acquiring the Goldfield project in Nevada through its acquisition of Metallic Ventures Gold, International Minerals (IMZ-T) has completed its first resource estimate on the project’s main deposit.
Relief Canyon mine acquisition falls through for Canarc
Following a due diligence review of Firstgold’s bankrupt Relief Canyon gold mine in Nevada, Canarc Resource (CCM-T) has decided not to proceed with the US$11-million acquisition. Canarc had successfully bid to buy the Relief Canyon gold assets…
Alpha Natural Resources to combine with Massey Energy
The proposed combination of Alpha Natural Resources (ANR-N) and Massey Energy (MEE-N) announced over the weekend will bring synergies of $150 million annually by 2012 and create a top-three global metallurgical coal producer.