Tournigan to split
Vancouver — In a move that’s becoming more common among mining companies, Tournigan Gold (TVC-V, TVCZF-O) plans to reorganize into two companies, based on commodities, eyeing better market valuation …
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Royalties feasibility study shows quick payback (June 11, 2007)
Development of the Raglan South nickel deposits in the Nunavik region of far northern Quebec is economic, and high nickel prices shrink the project’s payback period substantially, says a feasibility s…
Proposal to bring 400 Chinese miners to B.C. raises alarm
Vancouver — The Canadian arm of a Chinese coal mining company is proposing to bring in 400 Chinese workers to run a new underground mine in northeastern British Columbia. Privately held Canadian Dehu…
SXR Uranium One to buy Energy Metals (June 11, 2007)
Anxious to add U.S. uranium assets to its rapidly expanding, global uranium empire, SXR Uranium One (SXR-T, SXR-J) has tabled a $1.5-billion, all-share, friendly offer to buy Vancouver-based uranium j…
Buenaventura knocks out more hedges (June 11, 2007)
Minas Buenaventura (BVN-N) has bought out its 2009 gold hedging commitments, removing another 248,000 oz. from its hedge book.
First Majestic blocks out San Martin ore
A new reserve estimate shows a turnaround at the San Martin silver mine in northern Jalisco state, Mexico, under new owner First Majestic Silver (FR-V, FRMSF-O), will likely rest on bringing resources…
Miner killed in accident at Seabee
A gold miner has been killed in an accident at Claude Resources’ (CRJ-T, CGR-X) Seabee gold mine in northern Saskatchewan.
Dynatec shareholders vote for Sherritt merger
A meeting of shareholders in Dynatec (DY-T) has approved the takeover offer from Sherritt International (S-T), whic…
Trigon selling diamond assets to Diamondex (June 08, 2007)
Vancouver – Deciding it prefers its recent move into uranium versus gems, Trigon Uranium (TEL-V, TELWF-O) has inked…
Mwana locks up 40% of SouthernEra
The proposed takeover of SouthernEra Diamonds (SDM-T, SRE-L) moves but slowly, slowly for Mwana Africa (MWA-L)….
Skye continues to climb on back of Fenix
Skye Resources (SKR-T) continues on the road of share-price recovery after getting government approval for a proces…
Silverstone piling on silver streams
Vancouver – Silverstone Resources (SST-V) is scooping up more silver by-product streams, the latest an agreement to…