Argonaut exceeds expectations
Shares of Argonaut Gold (AR-T) jumped nearly 5% to $10.09 after the company reported production results for the fourth quarter and for all of 2012.
News
Copper Mountain disappoints but remains optimistic
Copper Mountain Mining (CUM –T) missed its production guidance but the market seemed unfazed by the news.
KSM keeps growing for Seabridge Gold
VANCOUVER – Seabridge Gold’s (SEA-T) KSM project is already one of the largest undeveloped gold projects in the world, home to 38 million ounces of gold and 10 billion pounds of copper. But with drills tapping into deep core zones and new…
Rio Tinto pays a steep price for Alcan blunder
VANCOUVER — London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) continues to be haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum leader Alcan in 2007.
Fipke takes legal action to stop Ekati sale
Chuck Fipke, a minority shareholder in the Ekati joint venture, is trying to block BHP Billiton (BHP-N, BLT-L, BHP-A) from selling its majority interest in the Ekati diamond mine to Harry Winston (HW-T, HWD-N) for US$500 million.
Kivalliq stacks uranium resources at Angilak
VANCOUVER — It has been roughly three years since Vancouver-based uranium explorer Kivalliq Energy (KIV-V) began drilling in earnest at its 1,377-sq.km Angilak property in Nunavut. The company long maintained it was looking at a…
Commentary: Seabed mining still lacks ground rules
As the natural resources available on land become less and our need for them grows, exploration activities move offshore.
Denison to buy uranium explorer Fission
Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca Basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for roughly $70 million.
Turkish delight continues for Pilot Gold
VANCOUVER – A high-grade gold zone is emerging at the north end of Pilot Gold’s (PLG-V) TV Tower project in Turkey, complete with drill intervals that regularly contain visible gold.
Correction
In the article “First Majestic buying Orko Silver for La Preciosa” (TNM, Dec. 26/12), there was an error in the silver grade for the La Preciosa resource estimate. It was quoted as 1.04 grams silver per tonne but should have read…
Alderon on track for iron ore production at Kami
Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another milestone in a quest to put its Kamistiatusset (Kami) iron ore project in western Labrador into production by the end of 2015. On Jan. 9, the company announced the results of a…
Busy days for B2Gold
B2Gold (BTO-T) has delivered a flurry of good news to the market, and investors have responded accordingly.