Vancouver — BHP Billiton (BHP-N, BHP-L, BHP-A) and Rio Tinto (RIO-N, RIO-L, RIO-A) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants unveiled plans to commit over U$4 billion to expand…
An unfriendly takeover bid of Magma Metals (MMW-T, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 77% to close at 15¢ on Feb. 3 with nearly 3 million shares changing hands.
Romarco Minerals (R-T) has boosted the resource at its Haile gold project in South Carolina by 29% after concluding a 118,000-metre step-out drill program in November.
Tuesday, Feb 14, 2012
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 13, 2012 (change from Feb. 6 in brackets):
Antimony: Mid-mkt US$12,950.00/t
DateFeb 13Feb 10Feb 9Feb 8Feb 7
Fund name Feb. 13 Feb. 6ChangeChangeYTDMER*Assets*
Canada’s uranium began a whole new chapter in its history in early February with the landmark agreement to open wide the country’s uranium production and nuclear technology to customers in China, undoing decades of Cold War-ish…
DateFeb 13Feb 10Feb 9Feb 8Feb 7HighLow
During my forty years in the mining business I have listened to hundreds of stories about lost mineral showings, rich gold deposits just over this hill or that, odd-looking rock types that elude scientific description and even fur trappers…
Short positions outstanding at Jan. 31/12 (with changes from Jan. 15/12).
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