Chinese companies have been buying mineral assets or joint-venturing with resource companies wherever they can find them. The financial crisis only accelerated the trend as distressed companies looked…
Within hours of taking the helm of Costa Rica as president-elect on May 8, President Laura Chinchilla reportedly signed an extension of a moratorium on new gold mining projects that her predecessor, O…
Recently, five Canadian coal juniors have acquired coal properties in the United States or are ramping up development work there.
VANCOUVER — Taseko Mines (TKO-T, TGB-X) has signed a gold-stream agreement with Franco- Nevada (FNV-T) that will help finance the development of the junior’s Prosperity gold-copper project near Willi…
Alcoa — Meg McDonald resigned as Alcoa Foundation president; Paula Davis appointed Alcoa Foundation president.
Papua New Guinea-focused Lihir Gold (LGG-T, LGL-A, LIHR-Q) has agreed to be acquired by Newcrest Mining (NCM-A), which has projects in Australia, in a deal that values the former at A$9.5 billion.
COURTESY OF SCOTIABANK
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 18, 2010 (change from May 11 in brackets):
VANCOUVER — Llama Lake started 2010 as a low-priority exploration target for Sabina Gold & Silver (SBB-T) but has now become the prime focus of drilling after the company pulled high-grade gold i…
Antimony: Mid-mkt US$9,366.66/t.
Mid-May saw a cooling off of the overheated gold markets, with the spot gold price pulling back from its nominal all-time record highs above US$1,240 per oz. and consolidating for the short-term above…
Date May 17 May 14 May 13 May 12 May 11 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1901/1925 1986/2015 1960/1990 1975/2010 1920/1950 A…
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