Agnico to scoop Grayd
Agnico-Eagle Mines (AEM-T, AEM-N) has made a friendly $275-million takeover bid for Grayd Resource (GYD-V) and its two Mexican gold projects.
Gold
CuOro gets good results from Santa Elena
CuOro Resources (CUA-V) has released positive initial drill results from its Santa Elena copper-gold near-surface volcanogenic massive sulphide project in Colombia.
Gold miners keep the faith at Denver Gold Forum
Ten years ago, when gold’s bull run was just beginning, the sessions at the Denver Gold Forum were “a lot like going to church,” Franco-Nevada (FNV-T) president and CEO David Harquail said at a presentation at this year’s show.
Riverside and partners busy drilling four properties at once
Prospect generator Riverside Resources (RRI-V) is hoping its “shared-risk business model” will finally return dividends to shareholders this year in the form of a significant mineral discovery. The company has four drill programs running at the…
Terraco Gold is off to a solid start in Idaho, Nevada
When you have an exploration team led by Charles Sulfrian and Ken Snyder – geologists who were instrumental in the discovery of major gold mines in Nevada, including Barrick Gold’s (ABX-T, ABX-N) Goldstrike mine and Newmont Mining’s (NMC-T,…
Fronteer ex O’Dea raising $20M for Blue Gold Mining
Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for his new company, Blue Gold Mining (BGX-V).
Investors applaud first resource for Bellhaven’s La Mina
Shares of Bellhaven Copper & Gold (BHV-V) jumped 14¢, or 28%, on Sept. 13 to close at 64¢ on 1.2 million shares traded after the company released a maiden resource estimate for its La Mina gold-copper-porphyry project in central…
Lupaka’s 1.2M oz. gold deposit attracts former Canuck as investor
June 2011 was certainly not the best of times to launch a new Peru-focused gold explorer. But the plan to take Lupaka Gold (LPK-T) public – hatched by long-time mining executive Gordon Ellis, with the help of Vancouver Canucks hockey legend…
Northgate’s Australian mines underperform
Analysts remain mixed over AuRico Gold’s (AUQ-T) $1.46-billion, all-share takeover bid for gold miner Northgate Minerals (NGX-T), with some believing the 60% premium AuRico has agreed to pay is too rich for Northgate and its prized…
Two investment gurus who believe the gold run has only begun
Moderated by pension fund manager and published gold bull Shayne McGuire, a robust discussion on the finer points of the yellow metal unfolded at the Precious Metals Summit in Vail Colorado last week between Thomas Kaplan and John Hathaway….
Expect more M&A in the gold space, despite ‘slim pickings’
In a presentation, Minefinders (MFL-T, MFN-X) president and CEO Mark Bailey summed up the spirit of this year’s Denver Gold Forum – a place where the lobbying and meetings continue…
Oyu Tolgoi rumours rattle Ivanhoe
Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu Tolgoi…