News

Altius pairs with Cliffs

Well-respected for its project generation work in Newfoundland and Labrador, Altius Minerals (als-t) has entered into an exploration alliance with Cliffs Natural Resources (clf-n) covering ferro-alloy metals within specific areas of the…


Tahoe raises $352M for Escobal

Tahoe Resources (tho-t) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities.The private placement financing is just shy of 25 million…


Amazon’s Cerrado Verde: a game changer?

Any company whose stock has moved from 93¢ per share to a high of $8.00 over the course of a year deserves a closer look, and so it is with Amazon Mining Holding (amz-v).  


Taia Actor and Taia CEO Jeffrey Wright (standing, fourth from left) visiting the 29-km, donor-funded Taia Peace Foundation road-rehabilitation project in Sierra Leone.

Broadway actor launches Sierra Leone gold explorer

With roles in the latest James Bond movies Casino Royale and Quantum of Solace and a parallel career on Broadway, actor Jeffrey Wright is a busy man. His performances have earned him a Tony, a Golden Globe and an Emmy, but over the last seven…


MDN is more than just a gold play (January 17, 2011)

MDN (mdn-t) may be best known for its 30% interest in the producing Tulawaka gold mine in Tanzania operated by Barrick Gold (abx-t, abx-n) and a portfolio of exploration projects in the surrounding Lake Victoria gold district. But some…


HudBay bids for Norsemont (January 17, 2011)

HudBay Minerals (hbm-t, hbm-n) is looking to venture farther south than it ever has before to acquire its next project. The company has made a friendly $520-million pitch to Norsemont Mining’s (nom-t) shareholders in the hope of nabbing…


Gov’t steps into Voisey’s strike

The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland and Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…


Copper is the consensus metal for 2011 (January 17, 2011)

When it comes to metals with the best fundamentals, the consensus for 2011 seems to be that copper wins hands down. The industrial metal already rose more than 30% in 2010.”Everybody seems to be bullish on copper and I hate to be a consensus…


Galway raises $25M for Colombia

Galway Resources (gwy-v) has released several significant gold-silver hits from its California project in Colombia just as it announces a $25-million financing.The latest results come largely from the Pie de Gallo zone, a 300-metre-long…


Antofagasta helps Duluth Metals bid for Franconia

In a significant land consolidation move, Duluth Metals (dm-t) has agreed to buy Franconia Minerals (fra-t) for $77 million.A map of the two companies’ claims shows obvious synergies, with Franconia’s land package filling the holes between…




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