London junior picks up Bibiani
London-listed junior Central African Gold (CAN-L) has struck a deal with AngloGold Ashanti (AU-N, AGD-L) to buy the Bibiani gold mine in Ghana, along with the Bibiani North exploration permit….
News
Western Canadian Coal fires up Wolverine
Vancouver — Western Canadian Coal (WTN-T, WXJXF-O, WTN-L) has brought its second open-pit coal operation, the Wolverine mine in northeastern British Columbia, into production….
Coastport-Cornerstone tap new high-grade copper zone at La Plata
Vancouver — In wrapping up its Phase 1 drill program, joint-venture partners Cornerstone Capital Resources (CGP-V, CTNXF-O) and Coastport Capital (CPP-V, CSTPF-O) cut into a new discovery of high-gra…
Toronto Stock Exchange September 5-11
The clobbering of the precious metals sector was the big story of the Sept. 5-11 report period, and it was carried out against a backdrop of falling oil prices and a stronger U.S. dollar….
Suppliers News (September 18, 2006)
Major earnings up 170%, revenue hits $94.5M…
Understanding financial statements
Mining Explained…
IMF gets bearish on metals
The International Monetary Fund made headlines in the world’s financial press earlier this month with a remarkably bearish take on the future of metals prices….
LionOre taking its share (September 18, 2006)
With the price of nickel surging in recent weeks and traditional titans Inco (N-T, N-N), and Falconbridge (FAL-T, FAL-N) fading away, LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is establishi…
Gold Fields bids for WA, expanding Driefontein, Kloof
Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…
Wesdome reopens Kiena
Val d’Or, Que. — The celebrations marking the official reopening of the Kiena underground gold mine on Aug. 18 were particularly sweet for Wesdome Gold Mines (WDO-T, WDOFF-O), coming as they did afte…
Imperial Metals bids for bcMetals
Vancouver — A proposed takeover bid for bcMetals (C-V, BMTLF-O) could catapult Imperial Metals (III-T, IPMLF-O) into a much larger gold and copper producer, assuming the company completes the acquisi…
Gold Fields to buy Barrick’s Deep stake
Barrick Gold (ABX-T, ABX-N) is selling its half interest in the South Deep gold mine in South Africa to Gold Fields (GFI-N) for nearly US$1.53 billion….