Borden yields quick return for Probe Mines
It didn’t take Probe Mines (PRB-V) long to prove to the world that its decision to sell a royalty on one past producing mine to invest more into a potential mine was a sound decision.
News
Colombian rebels like gold
Income from gold mining has overtaken drug trafficking in some provinces for the Revolutionary Armed Forces of Colombia, or FARC, according to a new report from political risk firm Exclusive Analysis.
Maudore’s new management tries to right the ship
VANCOUVER — It has been a bit of a whirlwind over the past five months for Quebec-focused gold explorer Maudore Minerals (MAO-V).
Editorial: Snookered by CNOOC
Canada’s federal government surprised quite a few Canadians in early December by approving the sale of two large Western Canadian oil and gas players to two Asian governments — a decision that will have wide ramifications for future…
Double Trouble for Taseko
VANCOUVER — So far, the holiday season has not been very merry for Taseko Mines (TKO-T, TGB-X), which is facing a potential strike at its operating mine and a new setback in the seemingly endless effort to permit its new mine.
Coeur to take 100% of Joaquin
Some mining companies find it tough going in Argentina, particularly in less mining-friendly provinces like Chubut where the state government has proposed higher taxes and royalties. And even in more benign, mining friendly states like Santa…
Centerra commits to Turkey
Centerra Gold (CG-T) is going all-in on a Turkish gold project as the company is acquiring the final 30% interest in the Oksut Gold Project from Stratex International (STI-L) for $20 million in cash and a 1% net smelter return that is…
Freeport-McMoRan adds oil and gas to the mix
Freeport-McMoRan Copper & Gold’s (FCX-N) surprise decision to buy two oil and gas companies in a deal involving cash and shares worth nearly US$10.3 billion has divided analysts on whether the acquisitions make sense.
Market news: Toronto Stock Exchange
Toronto’s resource-heavy index fell during the trading week as strong job creation in Canada and the U.S. did little to squash concerns of the fast-approaching fiscal cliff.
Commentary: Flow-through donations may be safety net for junior explorers
It’s no secret that tight equity markets are hurting junior mining and other resource exploration firms in Canada, as they struggle to find a vein of capital to keep their operations running and their valuations from leaching away.
Vale gives $125K to Laurentian University
Vale (VALE-N) is donating $125,000 to Laurentian University’s Centre for Research in Occupational Safety and Health (CROSH) in Sudbury, Ont. — home to Vale’s powerhouse nickel assets.
Commentary: How to succeed at community relations
It’s no secret that a successful community relations strategy can pay off for miners looking to forge and maintain good relationships with host communities. Miners’ efforts are much improved in this respect, but expectations have…