Sumitomo Buys Teck’s Pogo Stake
Debt-laden Teck (TCK. B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to its majority partner Sumitomo Metal Mining for about US$245 million in cash.
United States
Formation Gains On USFS Rejection Of Xstrata Appeal
VANCOUVER — An arduous environmental- permitting odyssey is over for Formation Capital (FCO-T, FCACF-O).
Donlin Creek Costs Hit US$4.5B
VANCOUVER — NovaGold Resources (NG-T, NG-X) has been hit with another massive projected capital cost increase: an updated feasibility study for the Donlin Creek gold project in Alaska pegged developm…
Tower Hill Keeps Hitting Gold At Livengood
VANCOUVER–The Livengood gold deposit in Alaska just keeps growing for International Tower Hill Mines (ITH-V, THM-X).
Timminco Merges Magnesium Assets With China’s Winca
If you can’t beat them — join them. That was the rationale behind Timminco’s (TIM-T, TIMNF-O) decision to merge its remaining magnesium extrusion assets with a private Chinese enterprise called Winca…
Anglo Canadian Uranium forms consortium
Against a backdrop of firming uranium prices and a resurgent uranium sector, Anglo Canadian Uranium (URA-V) is …
Nyrstar buys Mid-Tennessee zinc mine
London, UK-based Nyrstar, the world’s largest zinc metal refiner, has bought the Mid-Tennessee zinc mine complex fr…
Plot Thickens In Vedanta-Asarco Deal
VANCOUVER–Despite a ruling that approves certain conditions of a proposed US$1.7-billion sale of Asarco’s operating mines to Vedanta Resources (VDNRF-O, VED-L), as part of the former’s reorganization…
Sumitomo buys Teck’s Pogo stake
Debt-laden Teck (TCK.B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to it…
Donlin Creek costs hit US$4.5 billion
Vancouver – NovaGold Resources (NG-T, NG-X) has been hit with another massive capital cost increase: an updated f…
US Gold raises Gold Bar resources by 64%
US Gold (UXG-T, UXG-N) has upped measured and indicated resources at its Gold Bar project in Nevada by 64% after dr…
Nevada Copper gets ready for resource update at Pumpkin Hollow
The final drill holes from Nevada Copper’s (NCU-T) 26,000-metre drill program at Pumpkin Hollow included an interva…