New Dawn In Zimbabwe
New Dawn Mining (ND-T) plans to take its 100%-owned Turk gold mine in Zimbabwe out of care and maintenance and put it back into production, says the company’s president and CEO, Ian Saunders.
News
Hochschild Offers $22.5M For Southwestern
VANCOUVER — With its Boka troubles finally settled, Southwestern Resources (SWG-T, SWGGF-O) has found itself with a suitor: Hochschild Mining (HCHDF-O, HOC-L) has made a bid to acquire the Vancouver-…
Jaguar Financial Derails Cadiscor-Tiomin Tie-Up
A risk of legal action from Jaguar Financial (JFC-T, JGFCF-O) was enough to derail a proposed friendly merger between Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O).
Platinum Group Metals Lands Japanese Investment
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from large, quasi-governmental institutions.
M&A Kicks Up A Notch
As so often happens right after the Prospectors and Developers Association of Canada convention in Toronto, the tenth trading week of 2009 saw a surge in mergers and acquisitions activity, particularl…
Canadian Royalties To Renegotiate Debentures
If market conditions don’t improve, Canadian Royalties (CZZ-T, CRYAF-O) might not have enough cash to pay interest on $137.5 million in debentures due in March 2015.
Copper Fox And Lions Gate Consider Merger
VANCOUVER — Copper Fox Metals (CUU-V, CPFXF-O)and Lions Gate Metals (LGM-V) have signed a letter of intent to merge that would see Copper Fox shareholders receive 0.094 of a Lions Gate share for each…
People (March 23, 2009)
Affinity Gold– Jonny Lia Tia Yong appointed a director.
Coffey Mining Opens Consultancy Office In Canada
In an effort to expand its global footprint, consultant Coffey Mining, part of Coffey International, has announced plans to open a Canadian division with an office in Toronto.
LME Warehouse Levels (March 23, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 17, 2009 (change from Mar. 10 in brackets):
Spot Prices (March 23, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (March 23, 2009)
Antimony: Mid-mkt US$4,350/t.