December 6, 2011 Poland’s KGHM bids $3.5 billion for Quadra FNX; shares up 39% Quadra FNX Mining (TSE:QUX) is up a whopping 39% today on news of a multi-billion-dollar takeout bid. The Canadian base metals producer with offices in Toronto and Vancouver said it…
December 6, 2011 LME overhauls electronic platform as trading volumes surge The London Metal Exchange said Tuesday it has completed a major upgrade to its electronic trading platform to cope with record volumes and high frequency trading. A takeover of the…
December 6, 2011 Xstrata Copper commences underground ore production at Ernest Henry Mining Initial underground mine production has successfully commenced at Xstrata Copper’s Ernest Henry Mining operation in north-west Queensland, marking the site’s transition from open pit mining, which is now complete, to…
December 6, 2011 The top 3 commodities plays for the biggest profits in 2012 A commodity is something that has universal definition and demand. Everyone knows what food is, and everybody wants it. Nearly everyone in the world knows what gold is, and nearly…
December 5, 2011 Mining with gas: Copper-gold mine in Yukon to be powered with LNG A new open-pit copper-gold mine in Canada's Yukon Territory would be powered with natural gas. Releasing an update today on its Casino project, Western Copper and Gold Corp. (TSE:WRN) says…
December 5, 2011 Ecuador ready to ink mining deals; Kinross among companies likely to benefit Ecuador is not a top-of-mind country when it comes to mining, but that could change as the government signals a shift in direction towards the minerals sector, the Globe and…
December 5, 2011 Calibre Announces Start of 5,000 Metre Drill Program at Rosita Copper-Gold-Silver Project, Nicaragua Douglas Forster, Chairman of Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") is pleased to announce that Alder Resources Ltd. ("Alder") (TSX VENTURE:ALR) has informed Calibre that drilling has…
December 5, 2011 Codelco to invest over US$4 billion in 2012 as Anglo American hurries to resolve conflict Chile's state copper giant Codelco plans to invest over US$4 billions next year to speed up the development and construction work at several new mining projects, including Ministro Hales Mine…
December 5, 2011 Peru declares state of emergency over Cajamarca gold mine protests Reuters reports Peruvian President Ollanta Humala declared a state of emergency late on Sunday banning assembly and giving police special powers of arrest to quell protests against Newmont Mining's Conga…
December 5, 2011 Mercator Minerals Closes $20 Million Financing Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to announce that it has closed its previously announced private placement (the "Offering") of 11,428,572 units ("Unit") to raise gross…
Silver price whipsaws again as thin liquidity fuels wild swings Spot silver was up more than 7% to about $76 an ounce by mid-morning in New York on Friday, having earlier tumbled toward $64. February 06, 2026 | 01:23 pm