A report by Thomson Reuters-owned metal market analysis firm GFMS predicts the price of gold will rally to all-time highs later this year before reaching the closing stages of its decade-long bull run sometime in 2013.
The Western Australian government’s decision to expand capacity at the Esperance port will benefit companies like Macarthur Minerals (MMS-T, MMSDF-O) and others active in the emerging iron ore sector in the Yilgarn area.
The passage of a law that allows the use of chemicals including sodium cyanide in mineral processing lifts the prospects of advancing Pan American Silver’s (PAA-T, PAS-Q) Calcatreu gold project in Argentina’s Rio Negro province.
Finning to buy Caterpillar units
Driving down cash costs, generating immediate cash flows and building itself into the world’s largest primary silver producer sound like good enough reasons for Pan American Silver (PAA-T, PAAS-Q) to table a friendly takeover bid for fellow…
Toronto Stock Exchange
Tuesday, Jan 24, 2012
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 23, 2012 (change from Jan. 16 in brackets):
Kinross Gold (K-T, KGC-N) fell more than 20% after it said it is reviewing its three major advanced gold projects to improve economics, likely causing months of delay and a goodwill write down of the Tasiast gold project in Mauritania.
Antimony: Mid-mkt US$13,250.00/t
When Rob McEwen first proposed the combination of US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T, MNEAF-O) in June 2011, the chairman, chief executive and largest shareholder of both companies thought the deal easily could be completed by early…
DateJan 23Jan 20Jan 19Jan 18Jan 17
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