Barclays still bullish on copper
Copper prices could move lower before they go higher, but Barclays Capital says it believes we have not yet seen the highs for this year.
Freeport-McMoRan Inc
Peruvian mining stocks plunge after leftist Humala wins presidency
Peruvian-focused mining stocks took a nosedive this June after left-wing populist candidate Ollanta Humala narrowly won Peru’s presidential electoral run-off held on June 5. With 99% of the ballots counted, Humala captured 51.5% of the…
Peruvian mining stocks plunge after leftist Humala wins elections
Peruvian-focused mining stocks nose dived Monday after left-wing populist candidate Ollanta Humala appeared to have narrowly won Peru’s presidential electoral run-off held on Sunday, June 5. With 88% of the ballots counted, Humala had 51.3% of…
Global mining giants eye Quesnel Trough
British Columbia’s Quesnel Trough could see heightened exploration this year now that several international majors have taken an interest.
Aussie rich-lister likes New Mexico copper deal
Having spent the last two decades making a A$338-million fortune providing accommodation to mining companies, Australia’s Kevin Maloney has now decided to try his hand at mining himself. In March, he invested $10.2 million in Vancouver-based…
Australian rich-list member invests heavily in New Mexico copper deal
Vancouver – Having spent the last two decades making a A$338-million fortune providing accommodation to mining companies, Australia’s Kevin Maloney has now decided to try his hand at the real thing. In March, he invested $10.2 million in…
EMED revives Rio Tinto mine in Spain
In six years, Cyprus-based EMED Mining (EMD-T, EMED-L) has grown from being little more than a concept to a company with very real plans to restart copper production this year from the historic Rio Tinto open-pit copper mine in southwestern…
U.S. stocks rise after Egypt’s Mubarak steps down in Feb. 7-11 period
Increasing consumer confidence led to a second straight weekly advance for U.S. stocks. Oil prices fell on news that Egyptian President Hosni Mubarak finally resigned and handed power over to the military, removing some of the uncertainty and…
African Copperbelt: still risky after all these years
The African Copperbelt running through Zambia and the Democratic Republic of the Congo (DRC) hosts some of the world’s richest copper and copper-cobalt deposits, and has attracted dozens of junior companies over the years. But like moths to a…
U.S. Markets up for 7th straight week as gold slips over Jan. 10-14 period
As European stocks advanced for the second straight week, banks and technology companies, led by JPMorgan Chase, sent U.S. stock indexes higher, marking a seventh week of gains. The Dow Jones industrial average gained 112.62 points, or 1%, to…
U.S. Markets end year on high note
U.S. stocks closed out a second consecutive year of gains, recovering to levels last seen prior to the collapse of Lehman Brothers in September 2008 and the ensuing recession. Over the year, the S&P 500 index rose 12.8% and the Dow Jones…
No surprises in U.S. markets during Dec. 6-10 week
The Dow Jones Industrial Average inched up 28.23 points or 0.25% to close the week at 11,410.32, while the S&P 500 rose 15.6 points or 1.25% to 1,240.40. The Nasdaq advanced 46.08 points or 1.78% to finish at 2,637.54. The Philadelphia Gold…