Entree Gold to buy Australia's PacMag

Vancouver-based Entree Gold has agreed buy to ASX-listed PacMag Gold for about C$47-million (A$49-million) in cash and shares, the firms announced on Sunday. PacMag has assets in the US and Australia, including a copper/molybdenum project in...

Ivanhoe preparing updated Oyu Tolgoi development plan

Ivanhoe Mines is expected to come out with an updated project development plan for its Oyu Tolgoi copper/gold project, in Mongolia, within “weeks”, after finally signing an investment agreement with the country's government. Under Tuesday's...

Entrée, approached by 'stressed' rivals, may make acquisitions

TSX-listed Entrée Gold, which is exploring properties in Mongolia, China and the US, will consider buying assets, as difficult market conditions make acquisition valuations too good to resist. The company has about C$58-million in cash and no...