Iamgold’s Q3 profit misses the mark
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit owing to lower gold production and sales.
Industrial/Specialty Minerals
Cashed-up Largo to enlarge stake in Maracas
A $10-million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.
Rival bid emerges for Talison
A Chinese conglomerate with interests in battery making and lithium production has trumped an earlier takeover bid for Talison Lithium (TLH-T) by New Jersey-based chemical maker Rockwood Holdings (ROC-N).
Iamgold’s Q3 profit misses the mark
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit thanks to lower gold production and sales.
Graphite demand to strengthen: Roskill
London-based resource market analyst Roskill Information Services is predicting significant shifts in the supply and demand dynamics of the natural and synthetic graphite industry.
Thompson Creek slumps, but Mt. Milligan still on track
Thompson Creek Metals (TCM-T, TC-N) sinks deeper into the red as it continues to build the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared…
Cashed-up Largo to enlarge stake in Maracas
A $10 million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.
Frontier Rare Earths inks new deal with Kores
A little under a year ago, South Korean government-owned mining and natural resources investment company Korea Resources Corp. (Kores) signed a deal with Frontier Rare Earths (FRO-T) to take a 10% interest and get the rights to an equal…
Amerigo happy to live in Codelco’s shadow
Amerigo Resources (ARG-T), which continues to produce copper and molybdenum from the tailings of Codelco’s 108-year-old El Teniente mine in Chile, saw its shares rise after solid third-quarter production results.
Potash Corp. declines comment on Israel Chemical
In a letter to the Tel Aviv Stock Exchange, Israel Corporation, the parent company of Israel Chemical, said Potash Corporation of Saskatchewan (POT-T, POT-N) has held talks with the Israeli Government about raising its stake in the…
Canada Lithium to kick off production in 2013
Canada Lithium (CLQ-T) has raised its game with an updated feasibility study for its Quebec Lithium mine, showing the project is on track to start producing in 2013 and rake in better returns, triggering analysts to lift their price…
American Vanadium’s evolution fuelled by technology gains
Just under two years ago, Vancouver-based American Vanadium (AVC-V) envisioned itself as a specialty-metals miner. The company had planned to put its 100%-owned Gibellini vanadium deposit situated 400 km east of Reno in central Nevada into…