Fortress accepts Polymetal’s offer for Svetloye
Offering US$9.25 million in cash, Russian gold-silver producer Polymetal (MICEX-L) has trumped an earlier offer by MacRitchie Metals for a 100% stake in the Svetloye gold project owned by Vancouverbas…
Volume 96 Number 21 - Jul 12 - 18, 2010
Coeur d’Alene starts Kensington gold mine, strikes concentrate deal
Silver and gold producer Coeur d’Alene Mines (CDM-T, CDE-N, CXC-A) has opened its third precious metals mine in as many years.
Fjordland, Cariboo shift Woodjam
HORSEFLY, B.C. — There is little for a geologist to see while driving along the dirt roads outside the town of Horsefly. The logging roads that crisscross the forests are mostly punctuated with cattle fields and clear cuts, not rock…
Cliffs gets control of Big Daddy (July 12, 2010)
Spider Resources (SPQ-V) has called off its merger with KWG Resources (KWG-V), leaving it free to be swallowed by Cliffs Natural Resources (CLF-N). It ends the battle for control of the high-grade Big…
End in sight for Vale strike
It looks like the bitter and dogged strike in Sudbury and Port Colborne, Ont., that has stretched on for almost a year might soon be over now that Brazilian mining giant Vale (VALE-N) and the United S…