Uranium One acquires 50% of Russian mine in Kazakhstan
With the spectre of rising Russian influence in the democratically challenged former Soviet republic of Kazakhstan,…
News
Aura secures $100.1-million for Yamana mines
Aura Minerals (ORA-T) is raising $100.1 million in a bought deal financing to help pay for three Latin American gol…
Creston And Tenajon Join Forces
VANCOUVER — A proposed merger of Creston Moly (CMS-V) and Tenajon Resources (TJS-V, TJSAF-O) is set to create a molybdenum development company with a strong pipeline of projects.
Niger Moving Up The Uranium Ranks
Tom Bell, a State College, Pa., consulting geologist, makes two startling predictions for Niger’s vast uranium resources.
Rio Tinto Scraps Chinalco Deal For Iron Ore JV With BHP
Rio Tinto (RTP-N, RIO-L) shares surged 10.3% on the London Stock Exchange and 6.2% on the New York Stock Exchange on June 5 after the mining giant declared it was walking away from a deal with Chinese…
Ventana Gains On La Bodega Results
VANCOUVER — Another long, high-grade gold hit from the La Bodega project in northeastern Colombia propelled Ventana Gold’s (VEN-T, VENGF-O) share price to a new all-time high, gaining $1.22 to hit $3…
Trevali, Glencore Sign MOU
VANCOUVER– Trevali Resources (TV-C, TREVF-O) has attracted the interest of metals giant Glencore International to its Santander silver- lead-zinc project in Peru.
AngloGold Ashanti Posts Strong Earnings
Higher spot gold prices, a lower hedge discount and weaker local operating currencies all contributed to strong first-quarter results for AngloGold Ashanti (AU-N, AGD-L).
Underworld Hits Longest Gold Intercepts Yet
VANCOUVER — A trio of strong drill results from the White Gold property in the Yukon propelled Underworld Resources’ (UW-V, UNDWF-O) share price up 34% or 36¢ to $1.41.
Athabasca Potash Ups Burr Resource
Athabasca Potash (API-T, ABHPF-O) has reported a significant boost to resources at its Burr project in Saskatchewan.
Eldorado Scoops Up 20% Stake In Sino Gold
Eldorado Gold (ELD-T, EGO-X) plans to buy a 19.9% stake in China-focused Sino Gold Mining (SIOGF-O, SGX-A) in an all-share transaction with Gold Fields (GFI-J, GFI-N) valued at US$282 million.
Big Iron’s Gamesmanship
The tectonic shift in the iron ore business dominated headlines during the 22nd trading week of the year, as Rio Tinto ripped up its US$19.5-billion proposed financing with Chinalco and struck a new d…