Silver Wheaton a top pick for Salman Partners
Silver Wheaton (TSX: SLW; NYSE: SLW) has been upgraded to Salman Partners analyst Ash Guglani’s top-picks list due to its attractive production and growth profile.
Augusta Resource Corporation
Augusta says yes to sweetened Hudbay takeover
VANCOUVER — After a drawn-out takeover battle that tested proposed new regulations on the tenure of shareholder rights plans in B.C., Augusta Resource (TSX: AZC; NYSE-MKT: AZC) has agreed to a sweetened takeover bid from Hudbay Minerals…
Wildcat spotting delays Augusta’s permit at Rosemont
A recent sighting of an ocelot wildcat near Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) Rosemont copper project near Tucson, Ariz., has triggered U.S. environmental authorities to believe further consultation is needed before the company…
TSX dips a little, May 12-16
The S&P/TSX Composite Index has risen by more than 7% so far this year, but Canada’s main stock index fell 19.32 points to 14,514.74 during the trading week. The S&P/TSX Capped Diversified Metals & Mining Index rose 22.08…
Hudbay extends hostile bid for Augusta, mulls Rosemont delay
Hudbay Minerals (TSX: HBM; NYSE: HBM) is extending its hostile takeover offer for Augusta Resource (TSX: AZC; NYSE-MKT: AZC) to May 16 from May 5, and says it’s digesting news of permitting delays at Augusta’s…
Augusta’s Clausen on Hudbay bid, other suitors
Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.
Silver Wheaton hangs tough amidst lower metal prices
VANCOUVER — Despite a sharp fall in profits due to declining precious-metal prices, streaming outfit Silver Wheaton (TSX: SLW; NYSE: SLW) remains a favourite amongst analysts and investors. The company recorded its fifth…
Augusta blasts Hudbay’s ‘lowball’ hostile bid
Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) board calls the unsolicited takeover offer by Hudbay Minerals (TSX: HBM; NYSE: HBM) “grossly opportunistic” and “lowballed,” and urges shareholders to reject the…
TSX posts strong numbers, Feb. 10-14
Upbeat trade numbers from China showing that import growth reached a six-month high in January helped ease worries about emerging markets and pushed up oil prices. Investors were also relieved when the U.S. Congress approved an increase in the…
Toronto Stock Exchange, Feb. 3-7
Signs of strength in the Canadian economy coincided with an up period for the S&P/TSX Composite Index, which gained 86 points to 13,786.50 points over the week.
Hudbay launches hostile takeover of Augusta
If Hudbay Minerals (TSX: HBM; NYSE: HBM) succeeds in its hostile takeover bid for Augusta Resource (TSX: AZC; NYSE-MKT: AZC) and the exploration company’s attractive Rosemont copper porphyry project in Arizona, the base metals producer…
Augusta takes Rosemont to the next level
It only took a letter from a non-governmental organization (NGO) to cut deep into the equity value of Augusta Resource (TSX: AZC; NYSE-MKT: AZC) late last year, but since then the company has been building back value while securing…