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Latest Stories

Tirex Resources moves from exploration to production in Albania

Not very often you hear about a company moving from exploration into production, but Canadian Tirex Resources (CVE:TXX) is doing just that. The Vancouver-based firm announced Monday it has received official notification from Albania's Ministry of Economy, Trade and Energy (METE) relating to its applications to transition six areas from exploration licenses to 25 year mining permits.

Petaquilla rejects Inmet’s final takeover bid

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet originally offered.

Inmet sweetens bid for gold miner Petaquilla by 25%

Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) confirmed late Thursday it is studying an upgraded and final takeover offer by Inmet Mining Corp. (TSX:IMN), which is now offering about 25% more than $112-million it previously proposed.