Capital Gold shareholders love a good fight (March 28, 2011)
Sometimes a fight can be a beautiful thing.
Volume 97 Number 6 Mar 28 - Apr 3, 2011
ARMZ cuts bid price for Mantra
With Japan’s unfolding nuclear disaster scaring many investors – and some governments – away from uranium, Russia’s Atomredmetzoloto (ARMZ) has come back with a more modest offer to buy Australia’s Mantra Resources (MRL-T, MRU-A) and its Mkuju…
Market News (March 28, 2011)
Toronto Stock Exchange
Spot prices (March 28, 2011)
Tuesday, Mar. 22, 2011
LME warehouse levels (March 28, 2011)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 21, 2011 (change from Mar. 14 in brackets):
Minera Andes makes headway at San Jose mine (March 28, 2011)
Exploration drilling in and around the San Jose underground mine last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera Andes…
Not so friendly foreign direct investment (March 28, 2011)
Robert Amsterdam has carved out a reputation as a go-to lawyer for executives feeling the wrath of a hostile government.
Lundin’s board gives thumbs down to Equinox (March 28, 2011)
Lundin Mining (LUN-T) is urging its shareholders to reject a hostile takeover bid from Equinox Minerals (EQN-T, EQN-A) worth about $4.8 billion, arguing it is too low and that the Australian mining company would have to take on too much debt (a…
Gold Canyon hits long gold intercept
Gold Canyon Resources (GCU-V) found some light on an otherwise cloudy time for markets as it struck a significant amount of gold near Red Lake, Ont.
MEG: Financings recovered fully in 2010
The following was released by the Metals Economics Group, based on its Strategic Report. For more information visit www.metalseconomics.com.
Editorial: Bidding wars heat up
The talk of the North American mining scene in mid-March was the ratcheting up of two high-profile bidding wars.
People (March 28, 2011)
Andean American Gold – Shafiq Gulamani resigned as a director.