Slam Exploration (SXL-V) has topped up its treasury with a series of private placement financings as it prepares to resume exploration drilling early in the New Year on the Reserve Creek gold project in northern Ontario and the Silverjack base…
The takeover battle between private equity investor Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its Mary River project took a new turn with a revised offer from…
At the opening bell on December 30, Shear Minerals will begin trading on a consolidated basis under the new name of Shear Diamonds (SRM-V). At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1…
Blue Note Mining (BNT-V) has three more months to tie up its acquisition of First Gold Exploration’s (EFG-V) stake in the Croinor gold project and the Matchi-Manitou property. The deal was originally announced in July with the closing date set…
After surviving a devastating 2009 characterized by plummeting commodity prices, sweeping cutbacks and ailing financial markets, the mining industry enjoyed a cautious recovery in 2010, powered by higher metals prices and strong mineral demand…
While it’s still early days at Peregrine Diamonds’ (PGD-T) Baffin Island Chidliak diamond project, mini-bulk sample results from the promising CH-6 kimberlite compare well to the kimberlite pipes bein…
With potash juniors continuing to enjoy the limelight, Mining Markets asked a few fertilizer analysts for their picks in the sector and came up with three companies that stood out.
Five days after ArcelorMittal (MT-N) sweetened its takeover bid for Baffinland Iron Mines (BIM-T) by 15¢ per share, high-grade assay results from nineteen additional holes at the Mary River project on Baffin Island in Nunavut suggest the…
Just days before Christmas, NovaGold Resources (NG-T, NG-X) has surprised Copper Canyon Resources (CPY-V) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
Vancouver – The S&P-TSX Venture Composite Index endured a rocky ride over Dec. 13-17, with gains cancelling out losses to leave the board up 10.03 points, at 2,134.33. Daily trading volumes remained strong, averaging 169 million.
Vancouver – Canada’s most advanced lithium project took a big step closer to production on mid-December when Canada Lithium (CLQ-T) produced a positive feasibility study for its Quebec Lithium project near Val d’Or.
A better long-term outlook for molybdenum prices and a nearly US$200 million decrease in initial and sustaining capital has improved the net present value of Avanti Mining’s (AVT-V) Kitsault project by about US$250 million, boosting it to…
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