Playing interest rates with mining stocks
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
Volume 99 Number 19 Jun 24 - 30, 2013
Votorantim, El Nino prove up Bathurst
The Bathurst camp in New Brunswick is proving that, after all these years, it still has plenty more to give.
Teranga aims to boost Sabodala with Oromin bid
VANCOUVER — Toronto-based producer Teranga Gold (TGZ-T, TGZ-A) is taking a second swing at Vancouver-based junior Oromin Explorations (OLE-T) with an all-share acquisition offer. Teranga’s target is Oromin’s 43.5% stake in the…
Western gets $32M for Milestone from Chinese firms
Western Potash (WPX-T) has lined up $32 million to develop its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more funds to advance its $3.3-billion project.
Canadian Zinc gets some cash from Sandstorm
Capital may be scarce, but Canadian Zinc (CZN-T) has cut a deal that will inject US$10 million into its coffers.
Sabina raises funds for Back River’s exploration
Sabina Gold & Silver (SBB-T) is raising $20 million to keep the drills turning on its advanced-stage Back River gold project in Nunavut’s West Kitikmeot region, a move that has one analyst scratching his head.