Agnico to scoop Grayd
Agnico-Eagle Mines (AEM-T, AEM-N) has made a friendly $275-million takeover bid for Grayd Resource (GYD-V) and its two Mexican gold projects.
Volume 97 Number 32 Sep 26 - Oct 2, 2011
CuOro gets good results from Santa Elena
CuOro Resources (CUA-V) has released positive initial drill results from its Santa Elena copper-gold near-surface volcanogenic massive sulphide project in Colombia.
New horizons: Imagine no diesel haulage trucks, it’s easy if you try
The following is the edited text of a speech given by Alex Henderson, general manager of mines and mill technology for Vale’s North Atlantic region in Sudbury, Ont., to announce a $49-million investment in Vale’s Copper Cliff Mine 114 Orebody…
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Sept 20, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept 19, 2011 (change from Sept 12 in brackets):
Gold miners keep the faith at Denver Gold Forum
Ten years ago, when gold’s bull run was just beginning, the sessions at the Denver Gold Forum were “a lot like going to church,” Franco-Nevada (FNV-T) president and CEO David Harquail said at a presentation at this year’s show.
Takeover bid for Hathor becomes heated
Cameco’s (CCO-T, CCJ-N) hostile takeover bid for Hathor Exploration (HAT-T) turned uglier when the uranium producer slammed the credibility of the junior’s preliminary economic assessment (PEA) for its Roughrider deposit in northern…
Niobec stake could be cash cow for Iamgold
Iamgold (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10% to 20% of its Niobec niobium mine in the near term, but the recent sale of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set tongues…
Producer and dealer prices
Antimony: Mid-mkt US$15,575.00/t
Editorial: Buffett vs. the golden bulls
Renowned columnist George Will was there and heavyweight investors such as John Hathaway and Thomas Kaplan were there, but a certain sage from Omaha was missing from the inaugural Precious Metals Summit in Vail, Colo.
From hard hats to fundraising
Two of the 33 Chilean miners have put on their fundraising hats to promote the upcoming National Folkloric Ballet of Chile (BAFONA) tour across Canada.