Suppliers news: Superior Industries buys Miramichi based MFE Manufacturing
Superior Industries, a U.S.-based manufacturer and supplier of bulk material processing and handling systems, has acquired Miramichi-based MFE Manufacturing.
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Peru enforces state of emergency to stop mining protests
The Peruvian government recently declared a state of emergency in southern Peru, after ongoing protests against Southern Copper’s (NYSE: SCCO) Tia Maria copper project caused a fourth fatality.
Kidnappings highlight miners’ security risks
In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…
TSX Venture closes above 700, May 19-22
The S&P/TSX Venture Composite Index registered gains during the shortened period, as it jumped 1.2%, or 8.17 points, before finishing at 703.48 points.
Short Position Report
Short positions outstanding at May 15/15 (with changes from April 30/15).
Suppliers news: With new owner ESG Solutions set to expand, focus on R&D
Since acquiring ESG Solutions in December 2014, Spectris (US-OTC: SEPJF; LSE: SXS) is overseeing its new division’s expansion plans in the mining and geotechnical space, and ESG has boosted its research and development (R&D) and…
Barrick’s Alturas discovery could be the next Veladero
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has uncovered a hidden gold deposit known as Alturas, in Chile’s gold-rich El Indio district, 30 km south of the former El Indio mine.
Suppliers news: Fasken Martineau named mining law firm of the year
Fasken Martineau has earned this year’s Global Mining Law Firm of the Year Award by law firm researcher Who’s Who Legal. The honour represents the seventh time the firm has gotten the distinction in the area of mining.
TSX Venture edges up, May 11-15
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
PearTree helps industry give back via charity flow-through
VANCOUVER — It’s not too often that a capital financing structure can be described as a true win-win situation. PearTree Financial has come close, however, with its innovative flow-through donation program, which helps mining…
Southern Copper rejects bribery accusations
In the latest drama unfolding at Southern Copper’s (NYSE: SCCO) embattled Tia Maria project in Peru, the company has dismissed allegations that a lawyer, who used to work for the company, tried to bribe protestors on behalf of the company.