Norway’s Statoil ASA (STO-N, STL-O) has long been considered one of the world’s leading offshore operators but lately it has turned its attention to Canada’s oilsands. The Company landed in Alberta in a big way back in 2007 via its $2 billion…
Results from infill and resource expansion drilling at Prodigy Gold’s (PDG-V) Magino gold project in Ontario sent the junior’s shares up 10.34% to close at 64¢ yesterday. At presstime in Toronto Prodigy was trading at 59¢ per share…
Shares of Richmont Mines (RIC-T) jumped $1.42 or 15.32% to $10.69 on drill results from its Wasamac property in Quebec and the company plans to expand its exploration program there by another 10,000 metres to 45,000 metres this year as part of…
Vancouver – Selwyn Resources (SWN-V) is looking to raise US$30 million in a senior bond offering through Norway’s First Securities AS in order to restart operations at the company’s newly acquired ScoZinc zinc-lead mine in Nova Scotia.
Promising assays from Lake Shore Gold’s (LSG-T) Thorne gold property in Timmins, Ont., did little to lift the company’s shares. The junior has been trading near its 52-week low of $1.91 (Aug. 15, 2011) since releasing dismal second-quarter…
Hollywood actors, climate experts and other opponents of the proposed Keystone XL pipeline will have ninety days to prevent the final approval of the project after the U.S. State Department ruled on Friday that the pipeline would have “no…
AuRico Gold (AUQ-T, AUQ-N) wants to be the world’s next significant intermediate gold producer, and it has tabled a rich, all share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.
Junior Goldgroup Mining (GGA-T, GGAZF-O) believes it can produce more than 200,000 ounces of gold a year within three years through organic growth from a combination of its Mexican assets and Canaccord Genuity mining analyst Nicholas Campbell…
Paladin Energy (PDN-T) “remains the only significant public uranium producer without a strategic investor/alliance,” making the company “a very attractive takeover target,” Canaccord Wealth Management remarked in a note to clients this morning.
Before joining Oro Mining (OGR-V) as chief executive and chief operating officer, John Brownlie was president of Capital Gold, where he successfully brought the El Chanate open-pit gold mine into production and made it one of the most…
Agnico-Eagle Mines’ (AEM-T, AEM-N) new Pinos Altos gold-silver mine in Mexico had a remarkable second quarter with notable gold production amid the company’s less-than-stellar period.
Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11% to $5.50 per share on news that the processing plant at its 100%-owned San Jose silver-gold mine in southern Mexico had begun producing silver-gold concentrate.
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