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Grupo to get Asarco back

Vancouver – It appears that Grupo Mexico (GMBXF-O, GMEXICOB-M) has dodged a US$10 billion bullet.



Drilling at Aura Minerals' Arapiraca gold project in Brazil.

New Producer Aura Forges Ahead In Mexico, Brazil

VANCOUVER–It has been a busy six months for Aura Minerals (ORA-T, ORAUF-O). Since inking a deal to buy three producing gold mines from Yamana Gold (YRI-T, AUY-N) in June, the company has received the…


John-Mark Staude, Riverside Resources' president and CEO, surveys the lay of the land at his company's SugarLoaf Peak gold project in Arizona.

Riverside Gets A Grip On SugarLoaf

SITE VISIT QUARTZSITE, ARIZ. — Geologists often trek through some of the Earth’s most isolated and treacherous areas in search of an orebody. But every so often, their job is…


U.S. Markets – November 3-9

The Dow Jones Industrial Average hit a 13-month high on Nov. 9, after finance ministers and central bankers from the G-20 nations meeting in Scotland pledged to maintain public support for their econo…


Toronto Stock Exchange – November 3-9

Mining stocks rallied on the Toronto Stock Exchange over the Nov. 3-9 reporting period as the price of gold topped a record-setting US$1,106.75 per oz. At the same time, finance ministers from the Gro…


TSX Venture Exchange – November 3-9

There was no lack of bullish signs on the S&P/TSX Venture composite index during the Nov. 3-9 reporting period. And here’s three of them: The Venture board gain 65.86 points to close at 1,355.48; …


Look North For Critical Metals, U.S. Conference Hears

WASHINGTON, D. C. — Jack Lifton has an urgent warning for the United States when it comes to the supply of rare earth elements (REEs) — metals that are essential to everything from cell phones and LCD screens to military applications and…


China Uncertainty Dominates Moly Market

Molybdenum producers and developers have been on a roller coaster ride for the past year. Between 2004 and 2008, molybdenum oxide (moly) prices seemed to have found a home in the US$30-to US$35- per-lb. range. And even as most other base metals…




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