VANCOUVER — A deal that could be viewed as the flagship transaction in natural resource mergers and acquisitions is facing heavy criticism from a group of activist investors, as prominent shareholders of mega-miner Xstrata PLC (XTA-L)…
Shares of Virginia Mines (VGQ-T) closed 12¢ or 1.3% higher at $9.13 apiece while Altius Minerals (ALS-T) climbed 9¢ or 0.9% to $10.73 on news the two companies had struck a strategic alliance to cooperate on exploration for base and…
Despite an unfavorable court ruling, Barrick Gold (ABX-T, ABX-N) is confident that its Pascua Lama project will push ahead.
Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s Chubut province becomes law, its Navidad silver project will become uneconomic.
VANCOUVER — The S&P TSX Venture Composite Index declined for another week in the June 25-29 period, though losses were limited to 15.04 points after a late rebound that had the index close at 1,190.99 points. Volume climbed by a few…
VANCOUVER — Barkerville Gold Mines’ (BGM-V) share price has climbed more than 50% since the company put out a 10.6-million-oz.-gold resource estimate for its Cow Mountain deposit, but questions remain as to the accuracy of the estimate….
VANCOUVER — U.S. equities jumped late in the week following news that European leaders had agreed to distribute rescue funding directly to troubled national banks, which marked a key victory for Spain and Italy where borrowing costs where…
The TSX Composite Index fell 223 points to 11,596.56 for the June 25-29 period as investors were skeptical that the latest European Union summit would agree upon concrete measures to tackle the region’s debt crisis.
The S&P/TSX Venture Composite Index sunk to a new low, dropping 45 points to close at 1,206.03. The closing position puts the index at a new 52-week low, and at its lowest level since September 2009. With no spikes in volume during the week…
SPOT PRICESCourtesy of ScotiaBankFriday, June 26, 2012 Precious MetalsPrice…
Sunward Resources (SWD-T) believes it could be sitting on top of Colombia’s next gold district, and its latest resource estimate lends some credit to the notion.Its flagship wholly owned Titiribi gold-copper project is located in…
Not content to sit on its multi-million-ounce, open-pit Morelos deposit, Toronto-based Torex Gold Resources (TXG-T) has again struck gold on its 290-sq.-km land concession 180 km southwest of Mexico City.Morelos already boasts a measured and…
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