Gold Fields to buy Barrick’s Deep stake
Barrick Gold (ABX-T, ABX-N) is selling its half interest in the South Deep gold mine in South Africa to Gold Fields (GFI-N) for nearly US$1.53 billion….
News
There was a Phelps, a Dodge … and a Douglas
Letter to the Editor…
Imperial Metals bids for bcMetals
Vancouver — A proposed takeover bid for bcMetals (C-V, BMTLF-O) could catapult Imperial Metals (III-T, IPMLF-O) into a much larger gold and copper producer, assuming the company completes the acquisi…
Wesdome reopens Kiena
Val d’Or, Que. — The celebrations marking the official reopening of the Kiena underground gold mine on Aug. 18 were particularly sweet for Wesdome Gold Mines (WDO-T, WDOFF-O), coming as they did afte…
25 die in Siberian mine fire
Highland Gold Mining (HGHGF-O, HGM-L) says production will resume later this week at the Darasun gold mine in the Chita region of eastern Siberia where an underground fire killed 25 miners….
U.S. Markets September 5-11
Commodity prices took a tumble that translated into lower share prices for most resource companies listed on U.S. markets during the report period ended Sept. 11. The Standard & Poor’s 500 Index s…
TSX Venture Exchange September 5-11
A US$50-per-oz. spot gold price correction sent the S&P-TSX Venture Composite Index tumbling 5.7% over the Sept. 5-11 trading session, closing down 156.86 points at 2,604.43. Average daily trading…
LME Warehouse Levels (September 18, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 11, 2006 (change from Sept. 4 in brackets):…
Daily Metal Prices (September 18, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Gold Fields bids for WA, expanding Driefontein, Kloof
Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…
LionOre taking its share (September 18, 2006)
With the price of nickel surging in recent weeks and traditional titans Inco (N-T, N-N), and Falconbridge (FAL-T, FAL-N) fading away, LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is establishi…
IMF gets bearish on metals
The International Monetary Fund made headlines in the world’s financial press earlier this month with a remarkably bearish take on the future of metals prices….