Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, April 15 2014 Precious MetalsPrice…
News
Copper One picks up Troilus from First Quantum
VANCOUVER — Stan Bharti and his merchant banking team at Toronto-based Forbes & Manhattan appear to be on the lookout for past-producing copper assets. Roughly six months after grabbing a major share position in junior Kombat…
Perseus puts out fireat Edikan in Ghana
A fire has put operations on hold at Perseus Mining’s (TSX: PRU; US-OTC: PMNXF) Edikan processing gold plant in Ghana, but the company says things are under control.
Eldorado’s Certej could be ‘platform’ into Eastern Europe
VANCOUVER — On April 7 producer Eldorado Gold (TSX: ELD; NYSE: EGO) unveiled an updated prefeasibility study (PFS) on its 80%-owned Certej gold–silver project in the Apuseni Mountains in western Romania. And though Eldorado…
Agnico Eagle joins Yamana in battle for Osisko
The fight for Osisko Mining (TSX: OSK; US-OTC: OSKFF) has heated up, with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) entering the ring with Yamana Gold (TSX: YRI; NYSE: AUY) to launch a joint friendly takeover bid to beat Goldcorp’s…
Augusta’s Clausen on Hudbay bid, other suitors
Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.
TSX Venture registers small loss, April 7-11
The S&P/TSX Venture Composite Index had a mixed week before closing down 9.39 points at 997.77 points. Mid-week gains were driven by rising precious metal and energy prices, while underwhelming global economic indicators triggered…
Copper market headed for surplus, GFMS says
Up until the recent sell-off, there had been a prolonged run for copper prices. And the latest survey from Thomson Reuters GFMS says the recent drop in copper prices may not be a blip, but a sign of more weakness to come.
Impressive production from Hochschild
Hochschild Mining (LON: HOC) is dealing with weaker commodity prices the old fashion way: offset lower sales prices with more production.
Glencore Xstrata to buy Caracal Energy
Just a day after the ink dried on Glencore Xstrata’s (LSE: GLEN) all-cash agreement to sell its Las Bambas copper project in Peru to a Chinese consortium for nearly US$6 billion, the Swiss-based commodities giant announced a US$1.35…
TSX and TSX Venture exchange warrants
The following warrants of mining-related stocks are now trading on the Toronto Stock Exchange and TSX Venture Exchange:
Japan approves pro-nuclear energy plan
Visibility has improved on the re-start of nuclear reactors in Japan, after the island nation’s Cabinet approved a new Energy Plan on April 10.