Entre Gold continues to bank in-ground copper assets
Vancouver — Entrée Gold (ETG-T, EGI-N) has amassed an impressive collection of copper resources and reserves in Nevada and Mongolia, but getting it out of the ground may be the rub.
Europe
Eldorado to grow after good year
Eldorado Gold (ELD-T, EGO-N) rode a wave of higher production and rising gold prices to record earnings in 2011.
Great Western arranges $80-million bond financing
Vancouver — Great Western Minerals Group (GWG-T) has secured US$80-million in a bond financing as it works to open its flagship rare earths mine in South Africa and build or upgrade several processing facilities.
EMED locks down financing for Rio Tinto revival
Vancouver — EMED Mining (EMD-T, EMED-L) has closed its second major financing in the past four weeks as the company moves towards re-starting production at the historic Rio Tinto copper mine in Andalucia, Spain.
Molycorp/Neo Material deal puts upstream and downstream together
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
Eldorado expands following record breaking year
Vancouver — Eldorado Gold (ELD-T, EGO-N) has ridden a wave of higher production and rising gold prices to record earnings in 2011.
Celeste looks to resurrect tin mining in Cornwall
A lot can change in a year. For Celeste Copper (C-V), a former copper-gold explorer struggling to advance optioned properties in Chile, it has meant new management, new deep-pocketed investors, a new jurisdiction and a new target: tin.
Nyrstar’s meteoric rise as a miner
Vancouver — Born of two established metals companies as a pure smelting play in 2007, Brussels-listed Nyrstar NV has since grabbed a commanding position in the zinc supply chain with no sign of slowing down.
Elgin’s bid for Gold-Ore to create new Arctic gold producer
With gold equities having largely underperformed for more than a year despite gold prices hitting a series of new all-time highs, many predict a fresh wave of M&A activity for the gold sector in 2012, arguing it now represents one of the…
Kuriskova uranium project low-cost, Tournigan says
Slovakia has four nuclear reactors that generate half the nation’s electricity needs, and two more reactors are planned or under construction. That makes Tournigan Energy’s (TVC-V) flagship Kuriskova uranium deposit in the country an attractive…
UK potash project has ‘world’s largest’ polyhalite resource?
The rolling hills and purple heather of northern England’s North Yorkshire Moors are more associated with tourism these days than with the area’s long-shut iron ore mines and blast furnaces. Where mining and industrial activity once formed part…
Salazar gains on Lundin’s investment
Salazar Resources (SRL-V) climbed 18% on news that Lundin Mining (LUN-T) acquired a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units priced at 50¢ apiece.