Stockwatch

Ferro Iron Ore to resume at April 11 open

Common shares of the company will be trading.

Viterra receives court OK for takeover by Glencore

Viterra Inc. has been granted court approval for the plan of arrangement pursuant to which a wholly owned subsidiary of Glencore International PLC will acquire all the issued and outstanding shares of Viterra for $16.25 per share in cash.

Detour Gold completes Trade Winds takeover

Detour Gold Corp. has completed its acquisition of Trade Winds Ventures Inc. by acquiring all of the outstanding shares of Trade Winds pursuant to an arrangement under the Business Corporations Act.

Cameco signs MOU to mill Cigar Lake ore at McClean Lake

Cameco Corp. has signed a non-binding memorandum of understanding with its joint venture partners to mill all Cigar Lake ore at the McClean Lake mill.

Northland Resources may lease Narvik iron ore terminal

The agreement between the Port of Narvik and Northland Resources SA today was confirmed by the board of Narvik Havn KF. The agreement grants Northland the permit to lease the Narvik Terminal, Fagernes, south of the city centre.

Labrador Iron Mines loses $4.7-million in Q1 2012

Labrador Iron Mines Holdings Ltd. has filed its unaudited financial statements and management's discussion and analysis for the first quarter of fiscal year ending March 31, 2012. The documents are available under the company's profile at SEDAR and on LIM's website.

Midas Gold Corp. IPO values Vista Gold investment at $103 million

Vista Gold Corp.announced Thursday Midas Gold Corphas successfully completed an IPO, issuing 12,307,700 common shares of Midas ("Midas Shares") for gross gross proceeds of Cdn$40,000,025 million. Based on the IPO price of Cdn$3.25 per share, Vista's investment in Midas is expected to have a value of Cdn$103,358,499 and based on the number of issued common shares of Vista, this is equivalent to Cdn$1.45 per Vista share.

Silvercorp's Q1 revenue jumps to $69.7-million

Silvercorp Metals Inc. has achieved record silver production and record sales for the first quarter of fiscal 2012. Highlights
  • Record revenues of $69.7-million (U.S.), representing a 90-per-cent increase compared with the same quarter of fiscal 2011;
  • Record silver production of 1.6 million ounces, up 15 per cent from the same period a year ago;
  • Gold production of 1,390 ounces, a 30-per-cent increase compared with the same period last year.

Globe says Pardy favours Suncor over Nexen, others

1,573,566,479 Close 2011-07-11 C$ 38.30 Recent Sedar Documents Also In the News (C-COS) Canadian Oil Sands LtdAlso In the News (C-NXY) Nexen IncAlso In the News (C-TLM) Talisman Energy Inc

Endeavour Silver produces 850,476 oz Ag in Q2

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers. Here is a sample of this item: Mr. Bradford Cooke reports ENDEAVOUR SILVER REPORTS CONTINUED PRODUCTION GROWTH IN 2ND QUARTER, 2011; PRODUCES 850,476

Esperanza to sell interest in Peru mine to Silver Standard

Esperanza Resources Corp. has signed a definitive agreement and received shareholder approval to transfer its 30-per-cent interest in the San Luis joint venture in Peru to Silver Standard Resources Inc. Consideration for the sale is: $17-million.

SilverBirch projects $22.9-billion on Frontier project

SilverBirch Energy Corp. has provided an update on the Frontier and Equinox oil sands mining project including the results of the design basis memorandum (DBM) study and information regarding the preliminary capital cost estimates.

N.A. Energy stops work at Cdn Natural’s Horizon project

now been notified by its customer, Canadian Natural Resources Ltd., to suspend overburden removal activities at the Horizon oil sands project near Fort McMurray, Alta. The suspension is being taken while Canadian Natural undertakes repairs to its primary