Colossus pulls monster intercept from Serra Pelada
Vancouver – Colossus Minerals (CSI-T) has followed up earlier high-grade hits with a monster intercept from its 75%-owned Serra Pelada project in Brazil’s Para state.
Gold
Golden Predator extends mineralization at Brewery Creek
Vancouver – Golden Predator’s (GPD-T) successful winter drill program has hit a number of encouraging intercepts and expanded known mineralization eastward at its Brewery Creek project in the Yukon.
Barrick bids for Equinox (April 25, 2011)
The board of Equinox Minerals (eqn-t, eqn-a) is withdrawing its bid for Lundin Mining (lun-t) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (abx-t, abx-n), which values the company at about $7.3 billon. The…
Gold Fields cuts deal with Iamgold
Gold Fields (GFI-N, GFI-J) wants as much control over its key mining assets as it can get, and is buying Iamgold’s (IMG-T, IAG-N) minority stake in a project in Ghana.
Delavaco Capital spawns Dalradian Resources, Tolima Gold (April 25, 2011)
In the early 1990s Andy DeFrancesco was working as an equity trader at C.M. Oliver – Canada’s oldest brokerage house until it was bought out later that decade by Canaccord Capital.
Goldcorp doubles gold reserves at Cerro Negro (April 25, 2011)
The world’s second-largest gold producer by market value, Vancouver-based Goldcorp (G-T, GG-N), has announced a major update for its promising Cerro Negro gold project in Argentina.
Peregrine Metals is on the move
With the war for talent heating up in the mining industry, it was something of a coup for junior Peregrine Metals (PGM-T) to snag as its new president Richard Leclerc – a seasoned mining veteran who, over his 29-year career, has been a key…
Manitoba brings copper for HudBay, VMS
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high-grade copper project on their hands right in the safe confines of Manitoba.
Positive PEA pumps Prodigy (April 25, 2011)
Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.
Newstrike pulls big intercept at Ana Paula
Vancouver – Newstrike Capital (NES-V) has hit its most impressive hole to date at its Ana Paula gold project in Mexico’s Guerrero State.
Banro: Where there’s smoke there’s fire
Just a few days after announcing that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a major Chinese gold mining firm to develop its large swath of gold properties in the…
Lago Dourado just weeks away from drill results
At thirty-four, Forbes Gemmell is likely one of the younger chief executives of a publicly listed mining company.