Markets
Colombia extends new mining request ban
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By Jack Kimball
Colombia has extended a suspension on receiving new requests for mining concessions for two months to handle a backlog of permits, the Andean nation’s energy ministry said on Friday.
The world’s No. 4 coal exporter has been hit by a series of mine explosions that killed dozens of workers Read more
February 6, 2012 by Mineweb · Leave a Comment
Canadian mining entering period of significant, sustained growth–MAC
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By Dorothy Kosich
A new report by the Mining Association of Canada says Canadian mining “is now entering a period of significant and sustained growth.” Read more
February 3, 2012 by Mineweb · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| February 2, 2012 | Bannerman Resources Ltd | BAN | $4,266,400. | Closed |
| February 2, 2012 | Allana Potash Corp | AAA | $20,000,000. | Closed |
| February 2, 2012 | NovaGold Resources Inc | NG | $332,766,000. | Amendment |
| February 2, 2012 | Northern Shield Resources Inc | NRN | $2,935,999. | Closed |
| February 2, 2012 | Virginia Mines Inc | VGQ | $4,999,994. | Proposed |
| February 2, 2012 | Orex Ventures Inc | REX | $2,000,000. | Proposed |
| February 2, 2012 | Guyana Frontier Mining Corp | GYG | $500,000. | Closed |
| February 2, 2012 | Oro Gold Resources Ltd | OGR | $5,750,000. | Proposed |
| February 2, 2012 | Northland Resources Inc | NAU | $699,377,998. | Proposed |
February 3, 2012 by resourceINTEL · Leave a Comment
Glencore and Xstrata in US$80-billion merger talks
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By Clara Ferreira-Marques
LONDON — Mining group Xstrata and commodities trader Glencore are in talks about an all-share deal that could create a combined group worth more than 50 billion pounds (US$79 billion).
The world’s largest diversified commodities trader already owns a 34% stake in Xstrata and a tie-up between the two Swiss-based businesses — potentially the biggest takeover to date in the industry — has long been expected as Glencore aims to add more mines to its trading clout. Read more
February 2, 2012 by Financial Post · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| January 31, 2012 | Source Exploration Corp | SOP | $2,990,000. | Amendment |
| January 31, 2012 | Lions Gate Metals Inc | LGM | $860,000. | Proposed |
| January 31, 2012 | Gold World Resources Inc | GDW | $700,000. | Proposed |
| January 31, 2012 | Kestrel Gold Inc | KGC | $4,000,000. | Proposed |
| January 31, 2012 | RJK Explorations Ltd | RJX. | $425,000. | Closed |
January 31, 2012 by resourceINTEL · Leave a Comment
HudBay Seeking ‘Toeholds’ in Mineral Explorers Rather Than Larger Deals
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By Liezel Hill
HudBay Minerals Inc. (HBM), a Canadian copper and zinc producer, said it plans to expand by buying “toeholds” in exploration companies rather than acquiring or merging with rivals.
“It’s what we like to euphemistically call our farm system,” Chief Executive Officer David Garofalo said in a Jan. 26 interview at Bloomberg’s Toronto bureau. “We’re trying to fund promising drill programs, and if they find something meaningful we have a seat at the table.” Read more
January 31, 2012 by Bloomberg · Leave a Comment
Apogee eyes new oxide potential at Pulacayo silver project
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By Kip Keen
With strong near-surface silver intercepts out today, Apogee Silver (TSX-V: APE) shone the light on the potential to open-pit mine oxides at the Pulacayo project in southwestern Bolivia.
Until recent metallurgical tests proved otherwise, Pulacayo had been an underground mining story Read more
January 31, 2012 by Mineweb · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| January 27, 2012 | Torch River Resources Ltd | TCR | $155,000. | Closed |
| January 27, 2012 | Becker Gold Mines Ltd | BDF | $331,250. | Closed |
| January 27, 2012 | Hard Creek Nickel Corp | HNC | $375,800. | Closed |
| January 27, 2012 | Hana Mining Ltd | HMG | $14,999,999. | Amendment |
| January 27, 2012 | Jet Gold Corp | JAU | $810,000. | Proposed |
| January 27, 2012 | Newstrike Resources Ltd | NR | $370,000. | Proposed |
| January 27, 2012 | Golden Cross Resources Inc | GOX | $600,000. | Proposed |
| January 27, 2012 | African Metals Corp | AFR | $825,000. | Proposed |
January 29, 2012 by resourceINTEL · Leave a Comment
GUEST PERSPECTIVE: Sudbury is the luckiest city in North America
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By Stan Sudol
Sudbury is the richest mining district in North America and among the top three hardrock mining regions in the world. Only South Africa’s Witwatersrand gold region and the country’s legendary Bushveld platinum complex can match the concentration and innovation of underground mining in the Sudbury Basin.
This mining knowledge makes Sudbury the luckiest city in North America. Read more
January 27, 2012 by Canadian Mining Journal · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| January 26, 2012 | Argonaut Exploration Inc | AGA | $500,000. | Closed |
| January 26, 2012 | Hana Mining Ltd | HMG | $13,999,999. | Proposed |
| January 26, 2012 | Pan Global Resources Inc | PGZ | $3,000,000. | Proposed |
| January 26, 2012 | Athabasca Minerals Inc | ABM | $4,000,000. | Proposed |
| January 26, 2012 | Athabasca Minerals Inc | ABM | $3,000,000. | Proposed |
| January 26, 2012 | Newcastle Minerals Ltd | NCM | $500,000. | Proposed |
January 26, 2012 by resourceINTEL · Leave a Comment
Caterpillar Profit Beats Estimates on Mining
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By Shruti Date Singh
Caterpillar Inc. (CAT), the largest construction and mining-equipment maker, posted fourth-quarter earnings and forecast full-year profit that topped analysts’ estimates as demand rose for shovels and trucks.
Fourth-quarter net income rose to $2.32 a share from $1.47 a year earlier, the Peoria, Illinois-based company said in a statement today. Read more
January 26, 2012 by Bloomberg · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| January 24, 2012 | Intl PBX Ventures Ltd | PBX | $2,300,000. | Canceled |
| January 24, 2012 | Erin Ventures Inc | EV | $955,500. | Closed |
| January 24, 2012 | Anglo Aluminum Corp | ALU | $200,000. | Closed |
| January 24, 2012 | Hard Creek Nickel Corp | HNC | $1,512,000. | Amendment |
| January 24, 2012 | Alder Resources Ltd | ALR | $3,250,000. | Amendment |
| January 24, 2012 | Pretium Resources Inc | PVG | $23,125,000. | Amendment |
| January 24, 2012 | Serabi Gold plc | SBI | $4,257,129. | Proposed |
| January 24, 2012 | Midas Gold Corp | MAX | $35,155,000. | Proposed |
| January 24, 2012 | Tarsis Resources Ltd | TCC | $1,000,000. | Proposed |
| January 24, 2012 | New Carolin Gold Corp | LAD | $250,000. | Proposed |
| January 24, 2012 | Starcore Intl Mines Inc | SAM | $2,250,000. | Proposed |
| January 24, 2012 | Golden Touch Resources Corp | GOT | $2,000,000. | Proposed |
| January 24, 2012 | Searchgold Resources Inc | RSG | $500,000. | Proposed |
| January 24, 2012 | Intl PBX Ventures Ltd | PBX | $600,000. | Proposed |
January 26, 2012 by resourceINTEL · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| January 23, 2012 | Mustang Minerals Corp | MUM | $854,355. | Closed |
| January 23, 2012 | Banks Island Gold Ltd | BOZ | $259,050. | Closed |
| January 23, 2012 | Soho Resources Corp | SOH | $750,000. | Proposed |
| January 23, 2012 | AsiaBaseMetals Inc | ABZ | $575,000. | Proposed |
| January 23, 2012 | Catalyst Copper Corp | CCY | $3,517,500. | Proposed |
| January 23, 2012 | Regent Ventures Ltd | REV | $800,000. | Proposed |
January 24, 2012 by resourceINTEL · Leave a Comment
Liberian Economic Expansion to Quicken on Mining Investment
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By Andres R. Martinez
Liberia’s economy will probably expand at a faster pace this year than in 2011 as the West African nation devastated by a 14-year civil war restarts its iron-ore industry.
Gross domestic product may expand about 9 percent after rising 7 percent last year, President Ellen Johnson-Sirleaf, said in a speech yesterday, according to a copy posted on the presidency’s website today. Inflation will probably slow to 4 percent to 5 percent from an average 7.5 percent last year, she said. Read more
January 24, 2012 by Bloomberg · Leave a Comment
Newcrest to list on TSX by March as gold output falls
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By Robb M. Stewart
NEWCREST Mining, Australia’s largest gold producer, said today it expects to list on the Toronto Stock Exchange by March.
An application for a proposed secondary listing was lodged with the TSX last month, the Melbourne-based company said. Read more
January 24, 2012 by The Australian · Leave a Comment
Pan American Silver buys Minefinders
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By Peter Koven
Pan American Silver Corp. has struck a friendly $1.5-billion deal to buy Minefinders Corp. Ltd., giving the company a big new mine in Mexico to add to its extensive asset base in Latin America.
The cash-and-stock deal is worth $15.60 per Minefinders shares. It works out to a premium of 36% over the Vancouver-based company’s closing price on Friday. The maximum cash component is $176-million. Read more
January 23, 2012 by Financial Post · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| January 20, 2012 | Prism Resources Inc | PRS | $9,762. | Closed |
| January 20, 2012 | Millstream Mines Ltd | MLM | $150,000. | Closed |
| January 20, 2012 | Jourdan Resources Inc | JOR | $200,000. | Closed |
| January 20, 2012 | Orocan Resource Corp | OR | $1,500,000. | Closed |
| January 20, 2012 | Sona Resources Corp | SYS | $36,000. | Closed |
| January 20, 2012 | Golden Valley Mines Ltd | GZZ | $600,000. | Closed |
| January 20, 2012 | Skyharbour Resources Ltd | SYH | $586,750. | Closed |
| January 20, 2012 | Copper Fox Metals Inc | CUU | $1,399,999. | Closed |
| January 20, 2012 | Castle Peak Mining Ltd | CAP | $3,000,000. | Proposed |
| January 20, 2012 | Parallel Resources Ltd | PAL | $100,000. | Closed |
| January 20, 2012 | Metanor Resources Inc | MTO | $499,999. | Closed |
| January 20, 2012 | Prominex Resource Corp | PXR | $550,000. | Proposed |
| January 20, 2012 | Mineral Hill Industries Ltd | MHI | $500,000. | Proposed |
| January 20, 2012 | Polaris Minerals Corp | PLS | $15,156,000. | Proposed |
| January 20, 2012 | Merc Intl Minerals Inc | MRK | $7,000,000. | Closed |
| January 20, 2012 | Terra Firma Resources Inc | TFR | $360,000. | Proposed |
January 22, 2012 by resourceINTEL · Leave a Comment
Finning’s Bucyrus rights pickup a winning deal
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By Eric Lam
Finning International Inc., which holds the franchise selling rights for Caterpillar Inc. in Canada, has acquired the distribution rights to mining equipment producer Bucyrus.
The move is seen as a positive one for the company, despite some near-term risks, Ben Cherniavsky, analyst with Raymond James, said in a note to clients. Read more
January 20, 2012 by Financial Post · Leave a Comment
TSX Mine Financing Alerts: Who’s Got the Money?
The following companies have filed press releases pertaining to a financing on the TSX and Venture exchanges for mining and exploration activities.
Brokers, analysts and investors can use this information to help evaluate whether a company has the funds to continue the business of making mines to feed the mills that create the metals for myriad uses in today’s growing world.
NEW: RITV and shareKNOW.net calculate the value of these projects based on the latest metals prices. The tonnages, grades and recovery rates used are all 43-101 compliant unless otherwise stated, however the values stated are gross values and do not include cost data, which is often available at www.shareKNOW.net using the OPERATING CALCULATOR. Go to www.shareknow.net now to begin evaluating prospective investments!
| Date | Company Name (Click to open profile) | Symbol | How Much? | Status |
| January 19, 2012 | Pacific Wildcat Resources Corp | PAW | $5,999,999. | Amendment |
| January 19, 2012 | San Marco Resources Inc | SMN | $395,000. | Closed |
| January 19, 2012 | Pretium Resources Inc | PVG | $18,500,000. | Proposed |
| January 19, 2012 | U3O8 Corp | UWE | $10,020,000. | Proposed |
| January 19, 2012 | Nebu Resources Inc | NBU | $900,000. | Proposed |
| January 19, 2012 | Finlay Minerals Ltd | FYL | $157,500. | Proposed |
| January 19, 2012 | Portal Resources Ltd | PDO | $9,000,000. | Proposed |
January 19, 2012 by resourceINTEL · Leave a Comment
Indonesia’s Investment Rose Last Quarter on Metals, Mining
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By Hidayat Setiaji and Novrida Manurung
Indonesia’s foreign and domestic investments increased last quarter on expansion of its mining, metals and telecommunication industries.
Investment rose 19 percent to 70.2 trillion rupiah ($7.7 billion) in the three months ended Dec. 31 from a year earlier, Gita Wirjawan, chairman of the Investment Coordinating Board, said in Jakarta today. Read more
January 19, 2012 by Bloomberg · Leave a Comment
