May 13, 2011 Aurelia launches $3 million IPO; funds targetted to Breakaway Dam Copper VMS project The Directors of Aurelia Resources Limited (ASX:AJU) are pleased to confirm the opening of the company’s Offer Period for an Initial Public Offering (IPO) to raise $3 million, and to…
May 13, 2011 Northern Freegold announces $8 million private placement Northern Freegold Resources announced that it intends to complete a non-brokered private placement of up to 22,857,142 units at a price of $0.35 per unit, for gross proceeds of up…
May 13, 2011 Strong gold and PGM revenues see Franco-Nevada Q1 net income up 157% Franco Nevada reported an adjusted net income of US$21.4 million or 18-cents per share for the first quarter, a 157% increase over the adjusted net income of US$8.3 million or…
May 13, 2011 Copper miner KGHM almost triples Q1 profits Europe's No.2 copper producer KGHM (KGHM.WA) nearly tripled its net profit in the first quarter, beating expectations thanks to a rally in metal prices. Poland's state-controlled miner said on Friday…
May 12, 2011 Coal and copper led BC miners to profitable 2010 Buoyant prices for coal and copper yielded a profitable year for miners in British Columbia, according to PwC’s annual report on the BC mining industry. PwC partners Michael Cinnamond and…
May 12, 2011 Silver fails resistance; all eyes on copper’s support As I mentioned in my previous post on silver, I think the price adjustment in silver will be on-going as several relationships revert […]
May 12, 2011 Ausenco wins C$237 million Gibraltar copper project in Canada Ausenco has been awarded a Create phase contract to manage the C$237 million expansion of the Gilbraltar copper-molybdenum project in Canada for Taseko Mine. Ausenco’s Minerals & Metals business will…
May 12, 2011 Silvercorp reports record silver production of 5.3 million ounces, record net income of $68.8 million, up 79%, and record cash flows of $104.2 million, up 60% for fiscal year 2011 Silvercorp Metals reported in Q4 that net earnings were up 29% to $12.6 million, or $0.07 per share, compared to net earnings of $9.8 million, or $0.06 per share, in…
May 12, 2011 Thresher Industries continues with new materials development Thresher Industries (PinkSheets: THRR) announced a new metal matrix composite that outperforms traditional aluminum alloy in heat sink applications. The material ThermaLite HS is manufactured using aluminum scrap from traditional…
May 12, 2011 Big Russian base metals company looking at Toronto IPO Intergeo, the Russian copper and nickel company owned by billionaires Mikhail Prokhorov and Maxim Finskiy, hopes to raise from C$100 million ($104.2 million) to C$500 million in a initial public…
BHP puts Anglo in ‘rearview mirror’ as CEO eyes Canada copper “I’m hopeful that in five years time, 10 years time, there’ll be further investments that we can make into Canadian resources,” Mike Henry said. December 19, 2025 | 12:32 pm