South American Silver invests closer to home
After taking a bruising in Bolivia earlier this year when the government revoked its Malku Khota concession, South American Silver (SAC-T, SOHAF-O) is sticking a little closer to home.
2012
Will 2013 be the year of the dividend?
While some companies have ditched their chief executives lately the trend does not signal a change in management practice or the reluctance to pay a dividend, Christopher Ecclestone of Hallgarten & Co. argues.
BMO takes a fresh look at single asset miners
BMO Capital Markets research team is shaking things up heading into the New Year.
Rubicon prepares to defend Phoenix in court
The Wabauskang First Nation (WFN) is coming after Rubicon Minerals (RMX-T, RBY-N) in a bid to get the government to listen.
Groia ground down but defiant after Felderhof’s Bre-X trial
Early in 2012, the Law Society of Upper Canada convicted Toronto securities lawyer Joe Groia of “incivility” during his defense of John Felderhof against quasi-criminal charges laid by the Ontario Securities Commission of insider…
First Majestic buying Orko Silver for La Preciosa
“To add the amount of ounces we’re adding, there are simply not a lot of opportunities — it was almost a must-have for us to add this asset to our portfolio,” First Majestic Silver (FR-T) president and CEO Keith Neumeyer…
First Quantum sweetens bid for Inmet to $5.1B
First Quantum Minerals (FM-T, FQM-L) has stepped up its game to take over Inmet Mining (IMN-T), boosting its hostile offer to $5.1-billion in hopes of winning over Inmet shareholders, after failing twice to entice the company’s board in…
Market news: U.S. Markets
U.S. equity markets in the first four days of the week turned positive on optimism lawmakers could avert the fiscal cliff. The Dow Jones Industrial Average advanced 176.71 points, or 1.35% to 13,311.72; the S&P 500 Index climbed 30.11…
Silver Standard targets Pitarrilla
After repositioning Silver Standard as a well-funded firm with a strong management team and a sole operating mine in Argentina, Silver Standard Resources’ (SSO-T, SSRI-Q) president and CEO John Smith says his company is now “getting…
Metals, mining, and money markets
Spot prices
Canaccord reflects on juniors
In its last issue of the year, Canaccord Genuity’s Junior Mining Weekly takes a look back at 2012 and offers predictions for what lies ahead in 2013.
Market news: Toronto Stock Exchange
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…