Serengeti surges on more wide Kwanika intercepts
Vancouver – Another batch of wide mineralized intercepts from its Kwanika property in north-central B.C. launched S…
News
Centrasia up on word of Russian nickel acquisition
Centrasia Mining (CTM-V, CTMHF-O) made big market gains after announcing it has agreed to acquire three nickel-copp…
Market likes First Points nickel aspirations
Vancouver – With shares of First Point Minerals (FPX-V, FPOCF-O) rallying about 30%, investors seem to approve of p…
Southern Arc’s IR slip-up
A typo delayed an enthusiastic reaction to big news from Southern Arc Minerals (SA-V) West Lombok copper-gold prop…
Kazakhmys set to take out Eurasia Gold
In a transaction worth about $288 million, London-listed Kazakhmys (KAZ-L) has offered to take over Eurasia Gold (E…
Daily Metal Prices (May 14, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
People (May 14, 2007)
Capella Resources Brian Gracey resigned as director.
The Battle for Christmas
Santiago, Chile — A 3-year court battle to assert control over one of the world’s largest silver deposits could finally be drawing to a conclusion — but the winner will then have to contend with the…
Alcoa Bids for Alcan
A meaty hostile offer has been tabled; now let the politics begin. On May 7, U.S. aluminum giant Alcoa (AA-N) unveiled a cash-and-share bid for Canada’s largest mining company, Alcan (AL-T, AL-N), in …
Big Lake Gives Metalcorp a Big Surprise
SITE VISIT Thunder Bay, Ont. — A mineral prospect recently discovered on the north shore of Lake Superior by Metalcorp (MTC-V, MTLCF-O) illustrates how nature has a surprise or two…
Eldorado Sees Strong Q1
Vancouver — Strong bullion sales made for a successful first quarter for Eldorado Gold (ELD-T, EGO-X), lifting earnings to a record US$12.6 million (US4 per share) versus a loss of US$7.5 million (U…
Coeur to Acquire Palmarejo and Bolnisi in Us$1.1B Merger
Vancouver — Aiming to become the world’s top primary silver producer, Coeur d’Alene Mines (CDM-T, CDE-N) has entered a deal to acquire Australian-based Bolnisi Gold (BXLGF-O, BSG-A) and its 73.6%-own…