Anglo Investing US$25 Million in Nautilus for 11.5% Stake
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) plans a US$68.5-million financing and has lined up mining giant Anglo American (AAUK-Q, AAL-L) to bankroll 36.5% of the deal.
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) plans a US$68.5-million financing and has lined up mining giant Anglo American (AAUK-Q, AAL-L) to bankroll 36.5% of the deal.
Plans by Nuinsco Resrouces (NWI-T, NUIRF-O) to set up a separate company to hold its nickel assets should harden into a formal plan of arrangement this quarter, the company announced in its quarterly …
Metallurgical test results from Nuinsco Resources’ (NWI-T, NUIRF-O) wholly owned Minago deposit are in, and the news is good.
Precious Metals Price (US$/oz.) Change Gold $625.75 +24.85 Silver $12.62 +0.54 Platinum $1173.00 +99.00 Palladium $328.00 +9.00 Base Metals Price (US$/lb.) Change Nickel $14.87 -0.18…
Steady gold and weakening copper prices marked a fairly static week for the S&P-TSX Venture Composite Index over the Nov. 7-13 trading session, inching down 5.06 points to 2,648.89. Average daily …
Interest rate speculation and the impact of U.S. mid-term elections weighed heavily on the minds of investors during the Nov. 7-13 trading session, sending the Dow Jones Industrial Average up 26.33 po…
The proposed taxing of income trusts continued to hit energy stocks over the Nov. 7-13 trading session, but a rise in the price of crude oil helped the sector claw back some of its losses. The TSX Com…
In the span of less than a year, La Mancha Resources (LMA-T, LACHF-O) has gone from just another junior exploration company trading on the TSX Venture Exchange, to a TSX-listed gold producer with the …
Montreal junior Murgor Resources (MUG-V, MUGRF-O) has signed a set of agreements with HudBay Minerals (HBM-T, HBMFF-O) to earn an interest in four massive sulphide prospects in the Flin Flon and Snow …
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Vancouver — Upstart miner San Gold (SGR-V, SGRCF-O) got a pleasant surprise after tying into a high-grade section of the 98 vein at its Rice Lake mine near Bissett, in southeastern Manitoba.
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