A greater role for the government in the mining sector is now explicitly on the table in Bolivia, following a series of riots at the Huanuni tin mine that left 16 people — mine employees and miners f…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 30, 2006 (change from Oct. 23 in brackets):
Aumega Discoveries (AUM.WT) — Wt buys sh @ 45 to Feb 16/07.
Fund name Oct 30($) Oct 23($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 23.67 22.72 0.95 4.2 45.0 2.68 407 Altamira Pr & Str Mtl 11.48 10.89 0.59 5.4…
Commentary — The following is an open letter from Robert McEwen, US Gold CEO and chairman, and the former CEO of Goldcorp, which recently launched a US$8.6-billion takeover of Glamis…
Commentary — The following is the last of three edited parts of a speech presented at the recent Silver Summit in Coeur d’Alene, Idaho. Evidence pointing to surreptitious market intervention…
Tumbler Ridge, B.C. — More than 200 guests gathered near this Peace River community in early October to help Western Canadian Coal (WTN-T, WXJXF-O) (WCC) celebrate the official opening of its Wolveri…
A day after announcing that Brazilian iron ore giant Companhia Vale do Rio Doce (CVRD) (RIO-N) had acquired 76% of Inco’s (N-T, N-N) shares and were closing in on finalizing the takeover, the top bras…
Peregrine Diamonds (PGD-T) is boosting its stake in the WO diamond project in the Northwest Territories and, in turn, the DO-27 pipe by merging with Kettle River Resources (KRR-V, KRRSF-O).
Australia (A$) Oct 31 Oct 23 Change Bendigo Mining 0.99 0.98 0.01 Centamin Egypt 0.68 0.67 0.01 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.35 0.38 -0.03 Kingsgate Cons. 4.01…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Vancouver — Barrick Gold (ABX-T, ABX-N) has increased and extended its takeover bid for NovaGold Resources (ng-t, ng-x), now offering US$16.00 per share until Nov. 7.
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