Andina jumps on Hochschild’s $103M takeover bid
Shares of Toronto-based junior Andina Minerals (ADM-V) have nearly doubled, as it has agreed to a $130-million, all-cash takeover by Peru-based precious metals producer Hochschild Mining (HOC-L).
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Silver Wheaton CEO predicts ‘strong fourth quarter’
Management of streaming company Silver Wheaton (SWL-T, SLW-N) were ready to focus investors’ attention on record quarterly silver-equivalent production, but it was a drop in sales volumes and subsequent rollback in dividend payments that…
Roskill: Turbulence in store for iron ore
London-based resource market analyst Roskill Information Services predicts continued volatility in the iron ore market to 2020, based on the findings of its recent report entitled: Iron Ore: Market Outlook to 2020 (7th ed.).
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized a much-anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
Soft uranium market hurts Cameco’s Q3 earnings
With its latest quarterly earnings, Cameco (CCO-T, CCJ-N) proved that its current operational deftness hasn’t been enough to protect its bottom line.
QMX Gold looks forward to brighter days ahead
VANCOUVER — At the beginning of the year Toronto-based producer QMX Gold (QMX-T) — then Alexis Minerals — had quite a lot on its plate. The company was trying to stabilize operations at its Lac Herbin gold mine in Val-d’Or,…
Update: Fronteer gang looks to duplicate success with Pilot
With its coffers over-flowing Pilot Gold (PLG-T) is in the unique position amongst juniors of being able to drive heavy exploration programs at two projects, while partaking in the development of a third into a mine.
Cuervo jumps back into action in Peru
CUZCO, PERU — Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
Black Iron is in the black in the Ukraine
Low operating costs and close proximity to steel mills in Turkey, Europe and the Middle East make Black Iron’s (BKI-T) Shymanivske iron ore project in the Ukraine a compelling proposition despite fluctuations in the iron ore price, the…
Spanish Mountain sizes up gold production in Cariboo
VANCOUVER — It is nearly decision time for British Columbian explorer Spanish Mountain Gold (SPA-V) at its wholly-owned, multi-million ounce gold-silver project 60 km northeast of Williams Lake, B.C. On Nov. 15 the company released an…
Tower Resources writes a new chapter in B.C. exploration
VANCOUVER — Vancouver-based explorer Tower Resources (TWR-V) did not stray far from home when it came to picking its projects. The company boasts a strong technical team with a history of success in Western Canada, so the fact Tower…
Record production for SAS
St Andrews Goldfields (SAS-T) goal of reaching 100,000 oz. of gold production for the year is getting closer to reality.