The power of economic geology
After establishing himself as a geological expert in the world of academia, David Groves has shifted his focus to mining.
News
Molycorp proposes key deal to buy Neo Material
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
La Ronge soars 150% on preliminary results from Preview
Add La Ronge Gold (LAR-V) to the list of junior gold explorers that enjoyed triple-digit percent gains this quarter.
PDAC celebrates 2012 award winners
During this year’s Prospectors and Developers Association of Canada (PDAC) convention, the annual awards evening on March 5 at Toronto’s Fairmont Royal York hotel honoured outstanding contributions and excellence in the minerals…
Eldorado to grow after good year
Eldorado Gold (ELD-T, EGO-N) rode a wave of higher production and rising gold prices to record earnings in 2011.
First Uranium to sell its South African assets
First Uranium (FIU-T) says it will sell chief assets — the Mine Waste Solutions (MWS) tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa — for US$405 million as the underperforming junior…
Coro takes a second swing at San Jorge
One week after renegotiating a purchase agreement on its San Jorge copper-gold porphyry project in Argentina’s Mendoza province, Coro Mining (COP-T) will take another shot at getting the government permits it needs to proceed with mine…
Prophecy Platinum and Ursa Major to merge
Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.
Great Western arranges $80-million bond financing
Vancouver — Great Western Minerals Group (GWG-T) has secured US$80-million in a bond financing as it works to open its flagship rare earths mine in South Africa and build or upgrade several processing facilities.
Canadian companies leading the charge in Guyana
Vancouver — Guyana is looking to Canada for investment and support as the nation moves forward with a progressive natural resource development policy.
Claude ups inferred resources by 236%
Shares of Claude Resources (CRJ-T, CGR-X) gained 17% a day after updating its gold reserves and resources on its wholly-owned Seabee gold operation in Saskatchewan.
Nicaragua the key to B2Gold’s success
While many companies aspire to build themselves into the next mid-tier gold producer few are successful at actually doing it.