May 6, 2011 Quadra FNX Mining announces earnings of $168 Million in the first quarter of 2011 The Company recorded first quarter earnings of $168 million or $0.88 per share (basic) compared to earnings of $55 million or $0.55 per share for the previous year. The higher…
May 6, 2011 Central bank buying and the sudden fall in the gold price We have seen new surprising and strong demand from global central banks in the last week. This demand occurred over the last two months and had to compete with other…
May 6, 2011 Strong gold prices compensate for decline in Eldorado gold production Eldorado Gold reported Thursday that proven and probable gold reserves have increased to 18.7 million ounces, as measured and indicated gold resources increased to 22.9 million. However, gold production declined…
May 5, 2011 Altius Mining seeks $12 million from IPO; targets gold production in 4 months Altius Mining (ASX:AYM) has commenced an initial public offering (IPO) with the intention of raising A$12 million and a listing on the Australian Securities Exchange (ASX). The company, based in…
May 5, 2011 Updated preliminary feasibility study completed for Seabridge Gold’s KSM Project Seabridge Gold Inc. (TSX:SEA)(NYSE Amex:SA) announced today the results of an updated National Instrument 43-101 compliant Preliminary Feasibility Study ("PFS") for its 100% owned KSM project located in northern British…
May 5, 2011 Vaaldiam Investment Flemish Gold Corp. raises $10 million for gold exploration in Africa Vaaldiam Mining Inc. (TSX:VAA) is pleased to report that Flemish Gold Corp. has closed a private placement of $10 million through BMO Capital Markets on May 3, 2011. Vaaldiam owns…
May 5, 2011 Kinross increases 2011 guidance to 2.67m – 2.7m gold equivalent ounces A robust gold price, new West African production, and strong performance from mining operations contributed to a 42% increase in revenue and an 81% increase in adjusted net earnings for…
May 5, 2011 Goldcorp reports 150% jump in adjusted net earnings for Q1 Goldcorp reported Wednesday that adjusted net earnings for the first quarter of this year increased 150% to US$397 million or 50-cents per share, compared to $159 million or 22-cents per…
May 5, 2011 Bespoke’s commodity snapshot Below we highlight our trading range charts of ten major commodities. For each chart, the green shading represents between two standard deviations […]
May 5, 2011 Is commodities carnage Soros’ fault? There they go again: After a lackluster start to the trading day, stock indexes took a turn for the worse in mid-morning activity on Wednesday, with commodity producers leading the…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
