May 27, 2011 Zambia approves Barrick, Equinox deal Zambia has approved the proposed takeover of Equinox Minerals by Barrick Gold on condition the government keeps its 2.2 percent stake in Equinox, a regulatory body said on Friday. The…
May 26, 2011 Commodities boom drives economic growth in several Canadian provinces A Conference Board of Canada report says high energy and metals prices "are prompting resource companies to invest billions in iron ore projects, nickel processing and offshore oil developments" in…
May 26, 2011 Scarcity and rising demand a plus for platinum Most people in the car industry believe that rising gas prices will crimp car sales. However, according to a recent survey, 32% of Americans say they will buy a new…
May 26, 2011 Four oversold big miners that should rally The S&P GSCI Index of 24 raw materials dropped about 10% since the Goldman (GS) sell call on April 11. It was up over 1% today on the new bullish…
May 26, 2011 Bloomberg: Lundin Mining abandons sales process on low bids; CEO to resign Lundin Mining has abandoned its plans to sell, saying the bids did not fully value the company, according to a story reported in Bloomberg News. The decision also means CEO…
May 25, 2011 Copper advances for second day as demand outlook turns positive Bloomberg reports that in London, Copper inched up for a second day as banks from Goldman Sachs Group Inc. to JPMorgan Chase & Co. backed the metal’s prospects. The market…
May 25, 2011 Capstone Mining sees production up 200% over five years after Chile buy Vancouver-based copper mining company Capstone Mining Corp. reported Tuesday a $18.9m profit for the first quarter, up from the Q1 2010 figure of $14.76m. Cash flow from operating activities was…
May 25, 2011 Nickel process technology company set to list on ASX The executive chairman of private company Direct Nickel Julian Malnic told the Resources & Energy Symposium in Broken Hill in New South Wales that the company was currently moving to…
May 24, 2011 BHP Billiton pulls out of Zambian mine partnership: The Post Online BHP Billiton has dissolved a partnership with Blackthorn Resources to develop a mine in Zambia, according to a report in The Post Online: World's largest mining company BHP Billiton has…
May 23, 2011 Vedanta poised to float Zambian copper arm in $7.3bn IPO Indian controlled and London listed diversified miner, Vedanta is reported to be poised to float off Konkola Copper Mines, its major Zambian copper producer for around US$7.3bn. Vedanta bought an…
Gold price to glitter again next year despite biggest gain since 1979 Analysts at JP Morgan, Bank of America and Metals Focus now see bullion hitting $5,000 per troy ounce in 2026. December 17, 2025 | 08:56 am
