OceanaGold to buy Romarco for $856M

Source: Daily News | 2015-07-30
OceanaGold (TSX: OGC; ASX: OGC) is offering to buy Romarco Minerals (TSX: R) in an all-share $856 million deal to secure low-cost growth with the junior’s Haile gold mine, which is currently under construction.

Freeport cash backs Reservoir's Cukaru Peki prospect

Source: Daily News | 2015-07-29
After markets closed on Monday, Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) reported a drill intercept of 84 metres grading 10.75% copper and 10.86 grams gold (17.26% copper equivalent) including 46 metres of 15.85% copper and 16.77 grams...

Teck chugs along, amid plunging coal prices 

Source: Print Archives | 2015-07-29
Teck Resources (TSX: TCK.B and NYSE: TCK) has posted decent second quarter results. But analysts remain cautious about the diversified miner’s path forward, amid weakening coal markets.

Calibre makes progress in Nicaragua 

Source: Print Archives | 2015-07-29
By trish Saywell

Gold price fall may trigger another round of writedowns 

Source: Print Archives | 2015-07-29
Data recently published by Wood Mackenzie illustrates that at US$1,100 per oz. gold, about 10% of current gold mine production is uneconomic on a total cash cost plus sustaining capex basis.

First Quantum's Kansanshi provokes mixed reaction

Source: Daily News | 2015-07-27
VANCOUVER — An updated technical report filed by First Quantum Minerals (TSX: FM; US-OTC: FQVLF) on its 80% owned Kansanshi copper operations, 10 km north of Solwezi, Zambia, sent analysts scrambling to lower target share prices for the...

Brazil Resources to buy Whistler project in Alaska

Source: Daily News | 2015-07-22
In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 had been “to take advantage of the...

Gold stocks that soared in 2015's H1 

Source: Print Archives | 2015-07-22
Several gold producers have registered strong share price gains during the first half of 2015, despite price pressure on the yellow metal. The spot gold price dipped 0.7% from last year’s close to end June 30 at US$1,174 per oz. It has...

Callinex Mines attracts Resource Capital Funds 

Source: Print Archives | 2015-07-22
Max Porterfield, president and CEO of Callinex Mines (TSXV: CNX; US-OTC: CLLXF) thinks he’s got the projects, the people and soon, some of the money, to have a decent shot at making the next meaningful discovery in...

Aston CEO outlines potential at Storm copper project 

Source: Print Archives | 2015-07-15
Despite an uphill battle in raising funds, Aston Bay Holdings’ (TSXV: BAY) founder and CEO Benjamin Cox remains upbeat on the copper potential at the junior’s Aston Bay property in Somerset Island, Nunavut.