Petaquilla soars on Inmet’s takeover offer
Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash and equity, which operates the Molejon gold mine adjacent to its Cobre Panama copper-gold project in Panama.
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Lundin bets on exploration program at Neves-Corvo
VANCOUVER — On Sept. 4 Toronto-based producer Lundin Mining (LUN-T) released results from an expansive, 90,000-metre resource drill program at its wholly-owned Neves-Corvo pollymetallic mine — including copper, zinc, lead, silver,…
Positive economics for Midas’ Golden Meadows
Midas Gold (MAX-T) has outlined a positive preliminary economic assessment (PEA) for its Golden Meadows project in Idaho, 153 km northeast of Boise, the state capital.
Queenston bulking up at Upper Beaver
Queenston Mining’s (QMI-T) flagship project in Kirkland Lake is growing more robust.
The investment case for phosphate, Quebec, and Arianne
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec he sees one thing: a takeover target.
Reservoir, Freeport hit high-grade copper at Timok
VANCOUVER — Vancouver-based explorer Reservoir Minerals (RMC-V) is seeing its 2012 exploration program at its Timok copper-gold property in eastern Serbia pay-off in a big way, and major producer Freeport-McMoRan Copper & Gold…
TSX down as market awaits QE3
The TSX Composite Index went into the Labour Day weekend on a down turn as it shed 148 points to 11,949.26 for the Aug 27-31 period.
Venture recovery hits a snag in August 27-31 period
VANCOUVER — The mid-August rebound of the S&P TSX Venture Composite Index came to a halt in the August 27 to 31 period as four days of losses left the index down 11.14 points at 1,240.74. Volume was in line with recent weeks at an…
Torex plans 2015 start-up for Morelos
Torex Gold Resources (TXG-T) was the most actively traded stock on the TSX after publishing a bankable feasibility study for its Morelos project in the prolific Guerrero gold belt, 180 km southwest of Mexico City.
U.S. equities fall slightly, Aug. 27-31
Hopes of further injections of liquidity from the U.S. Federal Reserve following a speech Aug. 31 by Chairman Ben Bernanke sent gold prices higher and helped stem losses on U.S. equity markets. Bernanke’s remarks that the central bank is…
TSX Venture Exchange
The S&P/TSX Venture Composite Index climbed for a second week, up 18.46 points in the period to end at 1,251.88 points after four days of gains. Volume was fairly consistent and reached an average of 68 million shares traded daily.
Northern Tiger rouses Sleeping Giant
Northern Tiger Resources (NTR-V) has renewed interest in the Sleeping Giant zone at the 3Ace project in southeast Yukon, with some encouraging sample results.