Manitoba brings copper for HudBay, VMS
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high-grade copper project on their hands right in the safe confines of Manitoba.
News
Positive PEA pumps Prodigy (April 25, 2011)
Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.
Gold Fields cuts deal with Iamgold
Gold Fields (GFI-N, GFI-J) wants as much control over its key mining assets as it can get, and is buying Iamgold’s (IMG-T, IAG-N) minority stake in a project in Ghana.
Where does uranium go now? (April 25, 2011)
While the environmental and social consequences of the Fukushima Daiichi nuclear power plant disaster rightfully remain the focus of most onlookers, its effect on uranium prices has not gone unnoticed either.
Capstone bids $725M for Far West, partners with KORES
Capstone Mining (CS-T) has made a $725-million bid for Far West Mining (FWM-T) for its Chilean copper project while bringing on South Korean partner – Korea Resources Corp. (KORES) – to front the cash.
Mercator to buy Creston Moly for $195M
Mercator Minerals (ML-T) has agreed to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.
EMED clears permitting hurdle
After years of struggling through a bureaucratic, political and legal quagmire, Cyprus-based EMED Mining (EMD-T, EMED-L) finally looks to have production at its Rio Tinto copper project in Spain within sight.
Delavaco Capital spawns Dalradian Resources, Tolima Gold (April 25, 2011)
In the early 1990s Andy DeFrancesco was working as an equity trader at C.M. Oliver – Canada’s oldest brokerage house until it was bought out later that decade by Canaccord Capital.
Gold cracks US$1,500, silver above US$45
Mid-April was one of those times when gold bugs ask themselves, “why is everyone else so slow to catch on?”
CDI: Cobalt sliding into oversupply
The following was released by Cobalt News, which is published by the Cobalt Development Institute. For more information visit www.thecdi.com.
Suppliers news (April 25, 2011)
Geotech buys new chopper
People (April 25, 2011)
African Aura Mining – Steven Poulton resigned as a director.