“To add the amount of ounces we’re adding, there are simply not a lot of opportunities — it was almost a must-have for us to add this asset to our portfolio,” First Majestic Silver (FR-T) president and CEO Keith Neumeyer…
First Quantum Minerals (FM-T, FQM-L) has stepped up its game to take over Inmet Mining (IMN-T), boosting its hostile offer to $5.1-billion in hopes of winning over Inmet shareholders, after failing twice to entice the company’s board in…
U.S. equity markets in the first four days of the week turned positive on optimism lawmakers could avert the fiscal cliff. The Dow Jones Industrial Average advanced 176.71 points, or 1.35% to 13,311.72; the S&P 500 Index climbed 30.11…
After repositioning Silver Standard as a well-funded firm with a strong management team and a sole operating mine in Argentina, Silver Standard Resources’ (SSO-T, SSRI-Q) president and CEO John Smith says his company is now “getting…
Spot prices
It was a mixed year of success and setbacks in mining, with some of our favourite stories being:
The following is a summary of the Mining Industry 2012 Executive and Board Remuneration report, conducted Bedford Consulting Group and Global Governance Advisors. The report covers remuneration practices among more than 230 mining organizations…
In its last issue of the year, Canaccord Genuity’s Junior Mining Weekly takes a look back at 2012 and offers predictions for what lies ahead in 2013.
Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border during the trading week. The S&P/TSX Composite Index increased 107 points for the…
In the last trading week before the Christmas holiday, the S&P/TSX Venture Composite Index saw one day in the red eliminate four days of small gains, and as a result the index finished the trading session down 5.91 points at 1.177.71….
VANCOUVER – In the last trading week before Christmas, the S&P TSX Venture Composite Index saw one day in the red eliminate four days of small gains and, as a result, the index finished the Dec. 17-21 trading session down 5.91 points at…
Vale (VALE-N) is taking a US$2.85 billion write-down on its Onça Puma nickel mine in the northern Brazilian state of Para after troubles with two furnaces earlier this year led to the halting of its ferronickel…
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