KGHM starts the bidding on Quadra FNX
Three billion dollars may sound like a tidy sum – but when it’s the price tag on a global copper producer with a stable of enviable development projects, it may not be enough.
2011
Goldman Sachs: Commodity prices up 15% next year
Analysts from Goldman Sachs (GS-N) have forecast that commodity prices will increase by 15% in 2012, with the influential investment bank maintaining an “overweight” recommendation on commodities for the coming 12 months.
Deloitte tracks the trends for 2012
After recent trips to China and India, Glenn Ives, the Toronto-based chairman of Deloitte, is more convinced than ever that the urbanization and modernization taking place in Asia will continue to drive demand for metals, while dwindling…
Scotiabank’s Mohr likes copper in 2012
Despite analysts facing some of the most difficult markets in years, Patricia Mohr, economics and commodity market specialist with the Bank of Nova Scotia (BNS-T, BNS-N), agreed to delve into the difficult job of predicting where metal…
Mudslide helps Colombian Mines
A mudslide proved a blessing for Colombian Mines (CMJ-V) at its El Dovio polymetallic project in Colombia.
Continental drills, hits deeper
Deep drilling at Continental Gold’s (CNL-T) wholly-owned Buritica gold project in Colombia’s Antioquia department shows that high-grade mineralization runs deeper than previously thought.
Market news
Toronto Stock Exchange
Teck options into Strait’s Alicia
Vancouver – Teck Resources (TCK.B-T, TCK-N) has given Peruvian-focused junior Strait Gold (SRD-V) a boost by optioning into its Alicia copper project.
Canadian Zinc steps closer to opening a mine
Canadian Zinc (CZN-T) gets a green light from environmental authorities to go ahead with developing its Prairie Creek mine in the Northwest Territories.
Extorre’s Zoe zone yields high-grade
Infill drilling at Extorre Gold Mines’ (XG-T) Cerro Moro project in Argentina’s Santa Cruz province captured the attention of investors this week with high-grade intercepts including 11.15 metres of 36.3 grams gold per tonne and 4,412 grams…
Century Iron Mines building strength on the Labrador Trough
The amount of iron ore in the Labrador Trough appears endless as Century Iron Mines (FER-T) is the latest company to yield significant drill results from the world renowned geological structure.
Taca Taca gets bigger and better
After a brief stop around midnight to refuel in Panama, Ross Beaty pulls out a sleeping bag from his carry-on and spreads it in the aisle of the luxurious Gulfstream III jet he has chartered to fly a group of mining analysts to Lumina Copper’s…