Gold cracks US$1,500, silver above US$45
Mid-April was one of those times when gold bugs ask themselves, “why is everyone else so slow to catch on?”
News
Delavaco Capital spawns Dalradian Resources, Tolima Gold (April 25, 2011)
In the early 1990s Andy DeFrancesco was working as an equity trader at C.M. Oliver – Canada’s oldest brokerage house until it was bought out later that decade by Canaccord Capital.
EMED clears permitting hurdle
After years of struggling through a bureaucratic, political and legal quagmire, Cyprus-based EMED Mining (EMD-T, EMED-L) finally looks to have production at its Rio Tinto copper project in Spain within sight.
Mercator to buy Creston Moly for $195M
Mercator Minerals (ML-T) has agreed to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.
Capstone bids $725M for Far West, partners with KORES
Capstone Mining (CS-T) has made a $725-million bid for Far West Mining (FWM-T) for its Chilean copper project while bringing on South Korean partner – Korea Resources Corp. (KORES) – to front the cash.
Where does uranium go now? (April 25, 2011)
While the environmental and social consequences of the Fukushima Daiichi nuclear power plant disaster rightfully remain the focus of most onlookers, its effect on uranium prices has not gone unnoticed either.
Gold Fields cuts deal with Iamgold
Gold Fields (GFI-N, GFI-J) wants as much control over its key mining assets as it can get, and is buying Iamgold’s (IMG-T, IAG-N) minority stake in a project in Ghana.
Soltoro shines on bonanza-grade silver assays
Drill results from the previously untested Soledad structure on Soltoro’s (SOL-V) El Rayo silver project in Mexico have revealed high-grade silver over significant widths in a near-surface ore shoot. Assays from the newly defined zone include…
Newstrike pulls big intercept at Ana Paula
Vancouver – Newstrike Capital (NES-V) has hit its most impressive hole to date at its Ana Paula gold project in Mexico’s Guerrero State.
Banro: Where there’s smoke there’s fire
Just a few days after announcing that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a major Chinese gold mining firm to develop its large swath of gold properties in the…
Short Position Report (April 21, 2011)
TSX Short Positions Short positions outstanding at Apr….
Lago Dourado just weeks away from drill results
At thirty-four, Forbes Gemmell is likely one of the younger chief executives of a publicly listed mining company.