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Mandalay looks for discounted opportunities

The strategy at gold and antimony producer Mandalay Resources (MND-T) is to find assets that can generate enough cash to grow themselves, as well as fund the next acquisition. So far, that strategy appears to be working at the junior’s mine in…


Northgate’s Australian mines lag

Analysts remain mixed over AuRico Gold’s (AUQ-N) $1.46-billion, all-share takeover bid for gold miner Northgate Minerals (NGX-T, NXG-X), with some believing the 60% price AuRico agreed to pay is too rich for Northgate and its prized…


Nunavut gold find pleases Prosperity investors

Prosperity Goldfields (PPG-V) has drilled 158 metres of 1.7 grams gold per tonne at its main Kiyuk gold project in southern Nunavut, including a higher-grade section of 31 metres grading 4.9 grams gold. The results are from the company’s…





Mexican army brought in to guard Excellon’s La Platosa mine

About 300 Mexican army troops, federal and state police have surrounded and blocked the entrances to Excellon Resources’ (EXN-T, EXLLF-Q) La Platosa underground silver-lead-zinc mine in Durango State, according to reports by the United…


China’s Minmetals strikes again

Minmetals Resources, in which China’s state-owned Minmetals Group holds a majority stake, is flexing its muscle again with a friendly takeover offer for Anvil Mining (AVM-T), a Canadian company with a copper mine in the Democratic Republic of…


Wealth Minerals focuses on rare earths

With the Chinese recently choking the supply of rare earths, there’s a race to get new cheap production from outside of China. Specialty minerals explorer Wealth Minerals (wml-v) is part of that hustle, touting its Rodeo de los Molles deposit…


Highland Valley union demands more of everything from Teck

Vancouver – “Ask not what you can do for Teck, but what Teck can do for you.” Such is the current motto of United Steelworkers Local 7619, which represents roughly 1,050 of the 1,250 workers at Teck Resources’ (TCK-T, TCK-N) Highland Valley…


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