EMED perseveres at Rio Tinto in Spain
The Rio Tinto copper mine in southwest Spain has been mined for thousands of years, and modernizing it might be a challenge.
News
Cash-rich AuRico to buy back shares
AuRico Gold (AUQ-T, AUQ-N) is flush with US$750 million in cash after selling Minera Frisco (MSNFY-O) its Ocampo mine and adjacent exploration projects, Venus and Los Jarros, in Mexico’s Chihuahua state, as well as its 50% interest in…
South American Silver invests closer to home
After taking a bruising in Bolivia earlier this year when the government revoked its Malku Khota concession, South American Silver (SAC-T, SOHAF-O) is sticking a little closer to home.
Will 2013 be the year of the dividend?
While some companies have ditched their chief executives lately the trend does not signal a change in management practice or the reluctance to pay a dividend, Christopher Ecclestone of Hallgarten & Co. argues.
BMO takes a fresh look at single asset miners
BMO Capital Markets research team is shaking things up heading into the New Year.
Rubicon prepares to defend Phoenix in court
The Wabauskang First Nation (WFN) is coming after Rubicon Minerals (RMX-T, RBY-N) in a bid to get the government to listen.
John Felderhof’s new life after Bre-X
John Felderhof looks much thinner than when we first met at the Prospectors and Developers Association of Canada convention in 2010.
Groia ground down but defiant after Felderhof’s Bre-X trial
Early in 2012, the Law Society of Upper Canada convicted Toronto securities lawyer Joe Groia of “incivility” during his defense of John Felderhof against quasi-criminal charges laid by the Ontario Securities Commission of insider…
First Majestic buying Orko Silver for La Preciosa
“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 sweetens bid for Inmet to $5.1B
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…
Market news: U.S. Markets
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…
Silver Standard targets Pitarrilla
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…