News

Drillers at Tahoe Resources' Escobal silver project in Guatemala, 70 kilometres southeast of Guatemala City.

Tahoe flaunts Escobal in Guatemala

Led by Kevin McArthur, a former CEO of Goldcorp (G-T, GG-N) and Glamis Gold, Tahoe Resources (THO-T) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal silver…


Avala Resources' Timok gold project in eastern Serbia.

Shallow gold in Serbia for Avala

VANCOUVER — Recently restructured Avala Resources (AVZ-V) has released a significant shallow gold hit from its Korkan-Bigar target in eastern Serbia as it works to advance several prospects in the ar…


Vale to invest $10B in Canada

Vale (VALE-N) says it will close its smelting and refining operations in Manitoba by 2015 because “mineral reserves in Thompson have not been sufficient to operate the smelter and refinery at full cap…





DAILY METAL PRICES (November 29, 2010)

Date Nov. 22 Nov. 19 Nov. 18 Nov. 17 Nov. 16 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2235/2205 2191/2160 2230/2200 2135/2110 2245/22…


Miners haul rock out of Farallon Mining's G-9 zinc mine in southwest Mexico. It has been in production since 2009.

Nyrstar offers $409M for Farallon

VANCOUVER — Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409 million fully diluted.


Eike still likes gold (November 29, 2010)

While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years, he still has an appetite for the commodity that helped propel him to fame and fortu…



K+S bids $434M for Potash One

VANCOUVER — A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of Australian giant BHP Billiton’s (BHP-N) US$39- billi…



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