News


RIO TINTOA truck is filled with iron ore at Rio Tinto's Hamersley Iron mine in Australia. If BHP Billiton's offer for Rio is accepted, the combined company would control 27% of the world's iron.

Ironing out possible mega merger

Spurned by the board of Rio Tinto (RTP-N, RIO-L, RIO-A) in a friendly approach, BHP Billiton (BHP-N, BLT-L, BHP-A) has made its proposal for a US$138-billion all-share bid public in an attempt to brin…


Peru’s progress

Commentary — The following is an edited version of a speech by Peruvian President Alan Garcia Perez at a ceremony in late October to open Southern Peru Copper’s new copper…


CARROLL O. BRAWNER

Thompson, Brawner among five added to Canadian Hall

The Canadian Mining Hall of Fame will induct five new members at its 20th annual dinner and induction ceremony, to be held on Thursday, Jan. 17, 2008, at the Fairmont Royal York Hotel, in downtown Tor…



U.S. Markets Nov. 6-12

The screaming you heard came from United States equity markets during the reporting period Nov. 6-12. Weak earnings results, and further revelations of writedowns in asset-backed debt by financial ins…


Scorpio finds promising zone

The Nuestra Senora polymetallic deposit in Sinaloa state, Mexico, continues to shape up as an underground mine-to-be for Scorpio Mining (SPM-T, SMNPF-O).


International Quotes (November 19, 2007)

Australia (A$) Nov 12 Nov 5 Change Bendigo Mining 0.30 0.30 0.00 Centamin Egypt 1.54 1.50 0.04 Emperor Mines 0.07 0.08 -0.01 Kingsgate Cons. 5.30 5.04 0.26 Lion Selection Ltd…


Dividends (November 19, 2007)

Company Div.($) Pay Date Record Date Goldcorp 0.015* Nov 23 Nov 16 Alcoa 0.17 Nov 25 Nov 2 Noranda Income Fund 0.085 Nov 26 Oct 31 Grupo Mexico 1.10* Nov…




BY ALISHA HIYATERough on display at Tahera Diamond's opening ceremony in July 2006.

‘Dark clouds’ over Tahera

Tahera Diamond’s (TAH-T, TAHEF-O) future appears about as grim as the company’s books, which have been saturated in red ink since commercial production began at its Jericho diamond mine, in Nunavut, i…


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