Pershimco goes long on Panamanian copper
While it may not be a name many are familiar with, Pershimco Resources (TSXV: PRO) thinks its Cerro Quema project could let it become the next big name in Panamanian copper.
First Quantum Minerals Ltd
Highland Copper to acquire White Pine
Highland Copper (TSXV: HI; US-OTC: HDRSF) is expanding its footprint in northern Michigan with the acquisition of the White Pine copper project, 100 km southwest of its Keweenaw copper project.
EMED says Rio Tinto is on track as CEO resigns
EMED Mining (TSX: EMD; LSE: EMED), which has been working for several years to satisfy the requirements of the Spanish government so that it can revive the past-producing Rio Tinto copper mine in Andalucia, says it expects to receive all…
Toronto Stock Exchange, Aug. 6-9
The holiday-shortened trading period wasn’t a typical one for the S&P/TSX Composite Index. While often the index will trend in line with the resource sector that makes up a large part of it, for this period the two moved in opposite…
Playing interest rates with mining stocks
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
M&A landscape changing for copper producers
VANCOUVER — With the US$5.1-billion hostile takeover of Toronto-based Inmet Mining (IMN-T) by larger-cap peer First Quantum Minerals (FM-T) looking all but wrapped up, it’s an opportune time to take a look at the shifting…
With no rival bids, Inmet falls to First Quantum
VANCOUVER — In the end, predictions of a bidding war for Inmet Mining (IMN-T) ended up as much ado about nothing. Instead, the lack of rival bids for a company with three operating mines and a huge, undeveloped copper project in Panama…
TSX falls on Cyprus concerns, March 18-22
Toronto’s resource-heavy index retreated during the March 18–22 as concerns over Cyprus’ financial state dominated the week.
Toronto Stock Exchange, March 11 – 15
The S&P/TSX Composite Index was down nearly 6 points to end the week at 12,830.03 points, thanks to a 1%, or 134-point decline, on March 13.
TSX slips during March 11-15
The TSX Composite Index was down nearly 6 points to end the March 11-15 week at 12,830.03 points, thanks to a 1% or 134-point decline on March 13.
With no rival bids, First Quantum set to acquire Inmet
VANCOUVER – In the end, predictions of a bidding war for Inmet Mining (IMN-T) ended up being much ado about nothing. Instead, the lack of rival bids for a company with a massive, undeveloped copper project in Panama ended up an apt…
First Quantum’s annual profit hit by lower copper prices
VANCOUVER — Despite a 16% year-on-year jump in copper production Vancouver-based First Quantum Minerals (FM-T, FQM-L) told a familiar story during an annual report on its 2012 fiscal year: falling average realized copper prices and rising…