Anatolia arranges US$62.5M loan
Vancouver – UniCredit Group, a major European bank, approved a US$62.5 million debt facility for Anatolia Min…
News
Shore Gold pushes ahead with reduced 2009 budget
Vancouver – Canadian diamond explorer Shore Gold (SGF-T) is planning to spend $18 million in 2009 in a significan…
Spectacular drill results for Colossus at Serra Pelada
Drilling at the site of Brazil’s epic 1980s gold rush at Serra Pelada is yielding spectacular results for joi…
Pacific Rim Does Battle In El Salvador
With its patience wearing thin, Pacific Rim Mining (PMU-T, PMU-X) is preparing to play hardball with the government of El Salvador.
Gold Reserve, Rusoro Continue War Of Words
Calling Rusoro Mining’s (RML-V, RMLFF-O) unsolicited takeover bid “opportunistic” and “financially inadequate,” Gold Reserve’s (GRZ-T, GRZ-X) board of directors has unanimously recommended that shareh…
U. S. Markets – Dec. 23-Jan. 5
U. S. stock markets were up during the Dec. 23-Jan. 5. trading session, driven chiefly by the end of the tax-loss selling season and by bargain-hunters scooping up beaten-down issues. There was not mu…
TSX Venture Exchange – Dec. 23-Jan. 5
Ringing in the new year, festive investors lifted the S&P/TSX Venture Exchange 131.5 points during the Dec. 23-Jan. 5 trading session. The Venture board had one of its best runs in over a year, re…
Toronto Stock Exchange – Dec. 23-Jan. 5
Rising oil prices and renewed faith in financials helped inject a level of strength in the TSX composite index that investors have not seen for some time. The index gained 12% over the Dec. 23-Jan. 5 …
StrataGold Sees Solid Results In Drilling At Purple Heart
StrataGold (SGV-T, SAGDF-O) and 50% joint-venture partner, Newmont Overseas Exploration, received some encouraging results from 2,000 metres of drilling plus trench work on the BRL Venture, about 26 k…
NovaGold Raises US$75M In ‘Gut-Wrenching’ Time
A private New York Citybased company has agreed to take on a 28% interest in cash-strapped NovaGold Resources (NG-T, NG-X) through a US$60-million portion of a US$75-million financing.
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Linear Gold And Central Sun Mining To Wed
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the months ahead, like the proposed coupling of Linear Gold (LRR-T, LGCFF-O) and Central Sun …