Analysts weigh in on South32

Source: Daily News | 2015-05-27
Last week, BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32 (LSE: S32), commenting that  the shares of the newly created mining company “represent a more compelling investment than BHP Billiton at...

China's Zijin Mining buys into Barrick, Ivanhoe assets  

Source: Print Archives | 2015-05-27
Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to...

U.S. stocks end mixed, May 18-22 

Source: Print Archives | 2015-05-27
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the...

First Quantum unveils US$1.4B equity raise 

Source: Print Archives | 2015-05-27
First Quantum Minerals (TSX: FM; US-OTC: FQVLF) plans to raise US$1.4 billion through a public offering — increasing the company’s outstanding shares to 689 million.

Kidnappings highlight miners' security risks 

Source: Print Archives | 2015-05-27
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...

Orezone outlines hybrid mine plan for Bomboré 

Source: Print Archives | 2015-05-13
VANCOUVER — West African-focused Orezone Gold (TSX: ORE; US-OTC: ORZCF) is closing in on a development decision at its advanced-stage Bomboré gold project, 85 km east of Ouagadougou, Burkina Faso. Orezone took a step towards a 2018...

U.S. stocks drop, April 27-May 1  

Source: Print Archives | 2015-05-06
U.S. equities fell  after being tripped up by  soft economic data. The Dow Jones Industrial Average lost 56.08 points to 18,024.06, and the S&P 500 Index slipped 9.4 points to 2,108.29. The Nasdaq retreated 86.69 points to...

Around the world 

Source: Print Archives | 2015-05-01
Alto Ventures In April, Alto Ventures (TSXV: ATV) reported that 12 of 37 till samples taken at its West Fisher claims, 12 km northwest of North Arrow Minerals' Pikoo project in Saskatchewan, contained chromium-rich chromite grains. A...

Diamond stocks stronger than ever: analyst Des Kilalea 

Source: Print Archives | 2015-05-01
Diamond stocks stronger than ever: analyst Des Kilalea

Diamond producers' association on the horizon? 

Source: Print Archives | 2015-05-01
More than a decade after De Beers relinquished control of the diamond sector, the major diamond miners are looking at forming a new industry association to co-operate on  common issues, such as generic marketing of diamonds, undisclosed...