Mercator on life support
Financially troubled producer Mercator Minerals (TSX: ML; US-OTC: MLKKF) has filed for protection from its creditors in Canada and the U.S.
Financially troubled producer Mercator Minerals (TSX: ML; US-OTC: MLKKF) has filed for protection from its creditors in Canada and the U.S.
The S&P/TSX Composite Index tumbled during the shortened trading week, losing nearly 19 points to 15,196.31. The S&P/TSX Capped Diversified Metals & Mining Index fell 15.57 points to 903.70. But gold miners stayed strong, with the…
The S&P/TSX Composite Index ended the week in positive territory, advancing 141.07 points to 15,266.57, as investors shrugged off war in the Middle East and Ukraine, and focused on corporate earnings. The S&P/TSX Capped Diversified…
Mercator Minerals (TSX: ML; US-OTC: MLKKF) will likely be in more financial trouble than ever, if the proposed business combination with Russia’s Intergeo falls through.
VANCOUVER — Struggling copper producer Mercator Minerals (TSX: ML) has reportedly been on the market since late September, and the company found a suitor in Intergeo MMC — a Russian-based resource company controlled by…
Mercator Minerals (TSX: ML; US-OTC: MLKKF) is delving into a strategic review that is considering any or all of the following: selling the company; a business combination; or selling all or part of its assets, in light of lower commodity…
Mercator Minerals (TSX: ML; US-OTC: MLKKF) has updated the resource and reserve estimate for its Mineral Park copper-molybdenum mine in Arizona, noting that while reserves have decreased, the open-pit operation still has a promising life ahead.
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…
Mercator Minerals (ML-T) had a difficult year in 2012, but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8-million writedown on its El Creston molybdenum-copper project in Mexico’s Sonora…
Mercator Minerals (ML-T) had a difficult year in 2012 but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8 million write-down on its El Creston molybdenum-copper project in Mexico.
VANCOUVER — With the US$5.1-billion hostile takeover of Toronto-based Inmet Mining (IMN-T) by large-cap peer First Quantum Minerals (FM-T, FQM-L) looking all but wrapped up, it seems an opportune time to take a look at the shifting…
Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border during the trading week. The S&P/TSX Composite Index increased 107 points for the…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.