Coeur Mining Inc

Coeur d’Alene Mines (CDE-N) has launched anew its $2.4-billion offer to buy all the outstanding shares of Wheaton River Minerals (WRM-T).

The report period Aug. 12-24, saw the price of gold rise US$12.35 per oz. to finish at US$406.20 in the afternoon in London on Aug. 24. Gold fell more than US$4 on the final day of trading. The gold index was up 12 points to close at 193.61, and t…

Ian Telfer, CEO of Wheaton River Minerals (WRM-T), says the takeover attempt by spurned suitor Coeur d’Alene Mines (CDE-T) is a charade. He made the comments during a conference call in which his company’s sec…

The report period has been reduced to two days this issue because The Northern Miner office is moving. The Aug. 10-11 period saw the price of gold close down US$5.15 at US$393.85 per oz. in the afternoon in London.

Downbeat economic news, high crude oil prices, and the expectation that the U.S. Federal Reserve would increase interest rates brought U.S. stock markets lower in the reporting period Aug. 4-9. The S&P 500 Index fell 34.47 points, or 3.1%, to 1,06…

There wasn’t much motion in U.S. equity markets over the report period July 28-Aug. 3 as the major indices posted only fractional gains. But the resource sector was way ahead of the broader market, with most mining equities higher.

The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.

U.S. stock markets edged lower in the reporting period July 21-27, and for the most part mining equities — in both precious and base metals — edged along with them. The Dow Jones Industrial Average was off 0.6%, falling 63.93 points to 10,085.14…

In its struggle to fend off Coeur d’Alene Mines (CDE-N), Wheaton River Minerals (WRM-T) has agreed to sell all the silver produced from its Luismin operations in Mexico to Chap Mercantile (C…