Avion Gold (AVR-T,AVGCF-O) continues to bulk up on West African gold assets as it has closed a deal to acquire the Kofi property in Mali from Axmin (AXM-V). In total Avion will pay Axmin $500,000 in cash and issuing 4.5 million shares for the…
At the opening bell on December 30, Shear Minerals will begin trading on a consolidated basis under the new name of Shear Diamonds (SRM-V). At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1…
Blue Note Mining (BNT-V) has three more months to tie up its acquisition of First Gold Exploration’s (EFG-V) stake in the Croinor gold project and the Matchi-Manitou property. The deal was originally announced in July with the closing date set…
After surviving a devastating 2009 characterized by plummeting commodity prices, sweeping cutbacks and ailing financial markets, the mining industry enjoyed a cautious recovery in 2010, powered by higher metals prices and strong mineral demand…
VANCOUVER — The latest results from Continental Gold’s (CNL-T) ongoing 100,000-metre drill program at its Buritica gold project in Colombia show more high-grade intercepts.
VANCOUVER — Helio Resource (HRC-V) has released an initial resource estimate for its SMP gold project in Tanzania following a season of concentrated drilling on the Porcupine target.
VANCOUVER — Richfield Ventures’ (RVC-V) share price leapt up to a new all-time high on news of a 171-metre intercept grading 3.13 grams gold per tonne and 10.8 grams silver per tonne at the Blackwate…
With potash juniors continuing to enjoy the limelight, Mining Markets asked a few fertilizer analysts for their picks in the sector and came up with three companies that stood out.
SouthGobi Resources (SGQ-T) has signed a five-year agreement to sell at least 2 million tonnes of coal a year to Winsway Coking Coal Holdings.
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec 13 Dec 10 Dec 9 Dec 8 Dec 7 US$ in C$ 1.0046 1.0093 1.0098 1.0099 1.0093 C$ in US$ 0.9954 0.9908 0.9903 0.9902 0.9908 EX…
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
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