Molycorp proposes key deal to buy Neo Material
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
Volume 98 Number 5 Mar 19 - 25, 2012
The power of economic geology
After establishing himself as a geological expert in the world of academia, David Groves has shifted his focus to mining.
Facts ‘n’ figures: 2011 nearly a record year for mining M&A, says PwC
The following is an edited excerpt from PwC’s report, entitled: On the road again? Global mining 2011 Deals Review and 2012 Outlook. All figures are in U.S. dollars unless otherwise indicated. To see the full report go to…
McEwen charms investors at PDAC
“Gold is money. If you don’t have gold, you better get some,” says Rob McEwen, chairman and CEO of McEwen Mining (MAQ-T, MUX-N), in a corporate presentation at the Prospectors and Developers Association of Canada’s…
Producer and dealer prices
Antimony: Mid-mkt US$12,950.00/t
La Ronge soars 150% on preliminary results from Preview
Add La Ronge Gold (LAR-V) to the list of junior gold explorers that enjoyed triple-digit percent gains this quarter.
Daily metal prices
DateMar 12Mar 9Mar 8Mar 7Mar 6
Editorial: McEwen bets on innovation, calls $200 silver
Rob McEwen is known for thinking outside the box, so it wasn’t surprising to learn that McEwen Mining — a company he created in January through the combination of U.S. Gold and Minera Andes, in which he owns a 25% stake — is…
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Mar 13, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 12, 2012 (change from March 5 in brackets):
PDAC celebrates 2012 award winners
During this year’s Prospectors and Developers Association of Canada (PDAC) convention, the annual awards evening on March 5 at Toronto’s Fairmont Royal York hotel honoured outstanding contributions and excellence in the minerals…