News

Russia’s Severstal is raising its cash offer for financially troubled High River Gold (HRG-T, HRIVF-O) to 30¢ a share from 22¢ and has extended the deadline for acceptance to Aug. 10.

VANCOUVER — After three years of drilling, Northern Freegold Resources (NFR-V) has defined an initial resource at its district-scale Freegold Mountain project.

VANCOUVER — A revised mine plan for Copper Mountain Mining’s (CUM-T, CPPMF-O) Similco project foresees the mine producing more copper for longer, based on an increased reserve estimate for the Britis…

Platinum prices have tumbled from last year’s high of US$2,301 per oz. to about US$1,160 per oz. at the end of July, but Bank of America Merrill Lynch forecasts that fundamentals for the metal are lik…

VANCOUVER — Quadra Mining (QUA-T, QADMF-O) has released a strong scoping study for the large Sierra Gorda copper-gold-molybdenum project in Chile.

Growing optimism about China’s demand for cars, property and power grid construction coupled with a weaker U. S. dollar is driving up the price of aluminum, according to Standard Chartered Bank.

With the rollercoaster ride of commodity prices of late, it can be hard for smaller manufacturers not to get pushed aside by their more powerful counterparts.

The intensification of the strike by many of Vale’s Canadian workers stood out as news during the 30th trading week of the year.

Adriana Resources (ADI-V, ANARF-O) has signed two memorandums of understanding with a major Chinese steel company.

Lihir Gold (LGG-T, LIHR-Q) has decided to put its Ballarat gold mine in Victoria state, Australia, up for sale.

Etruscan Resources (EET-T, ETRUF-O) is selling its 40% participating interest in the Samira Hill gold mine in Niger to its partner and mine operator Semafo (SMF-T, SEMFF-O).

Adriana Resources — Wilfried Struck resigned as a director but will remain an adviser; Allen Palmiere appointed a director.