Chinese miner makes hostile bid for Canadian Royalties
China’s hunger for natural resources has turned aggressive with an unsolicited takeover bid for nickel devel…
News
Rau returns more gold for Atac
Vancouver – Atac Resources (ATC-V) is gradually increasing the strike length of the high-grade oxide zone at…
Franco-Nevada posts strong second quarter results
The start up of Coeur d’Alene Mines’ (CDM-T, CDE-N) Palmarejo project in Mexico in March and elevated producti…
Anvil gets big financing from Trafigura
It remains busy days in the Democratic Republic of the Congo’s (DRC) mining sector.Shortly after the governm…
Gammon discovers US$10-million accounting error
Gammon Gold (GAM-T, GRS-N), which operates two mines in Mexico, has had its fair share of problems over the la…
Andean Resources expands Bajo Negro gold-silver mineralization
Vancouver – Andean Resources’ (AND-T, AND-A) latest drill hole results extend gold-silver mineralization at de…
Vale strikes in Canada could last into 2010
The head of the Steelworkers Union for Ontario and the Atlantic provinces says it could be four or five months…
UEX Boosts Resource At Hidden Bay Property
VANCOUVER — UEX Corp. (UEX-T, UEXCF-O) wanted to define 40 million lbs. of uranium oxide at Hidden Bay in 2009 and, in a new resource estimate for the Athabasca basin property in Saskatchewan, it has…
Barrick’s Regent Sees Broader Mandate
Increasing profits to US$492 million would be good news for many miners. But for Barrick Gold (ABX-T, ABX-N), the bar is set a little higher — and while its second-quarter profits were up from US$485…
Severstal Ups Offer For High River By 36%
Russia’s Severstal is raising its cash offer for financially troubled High River Gold (HRG-T, HRIVF-O) to 30¢ a share from 22¢ and has extended the deadline for acceptance to Aug. 10.
New Hurdle For Pebble Project
VANCOUVER — The Pebble deposit in southwestern Alaska is one of the largest undeveloped ore-bodies in the world, home to resources totalling 72 billion lbs. copper, 94 million oz. gold, and 4.8 billi…
Northern Freegold Proves Up 1M Oz. Gold
VANCOUVER — After three years of drilling, Northern Freegold Resources (NFR-V) has defined an initial resource at its district-scale Freegold Mountain project.