May 16, 2011 Metals Economics Group Strategic Report: Base metals and gold 2010 acquisitions spending totals $50.7 billion The 2010 dollar volume of large ($25 million minimum) acquisitions totaled $50.7 billion—the third-highest annual total in 10 years—a whopping increase of 260% over 2009’s $14 billion, and 23% over…
May 13, 2011 Strong gold and PGM revenues see Franco-Nevada Q1 net income up 157% Franco Nevada reported an adjusted net income of US$21.4 million or 18-cents per share for the first quarter, a 157% increase over the adjusted net income of US$8.3 million or…
May 12, 2011 Big Russian base metals company looking at Toronto IPO Intergeo, the Russian copper and nickel company owned by billionaires Mikhail Prokhorov and Maxim Finskiy, hopes to raise from C$100 million ($104.2 million) to C$500 million in a initial public…
May 11, 2011 Quebec launches big mining plan The Canadian province of Quebec plans to develop its huge frozen northern reaches into a powerhouse of mining and renewable energy, targeting C$80 billion ($83 billion) of private and public…
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 2, 2011 China’s Jinchuan silent on media reports regarding Lundin Mining bid No word yet from China's Jinchuan Group as to whether the company is officially in the market for Canada's Lundin Mining. Canadian media reports claim a consortium headed by Jinchuan,…
May 1, 2011 True North Gems is pleased to announce the completion of the second tranche of its $3.4 million private placement True North Gems Inc. (the "Company") (TSX VENTURE:TGX) announces that it has completed the second tranche of its previously announced and oversubscribed non-brokered private placement. The second closing is for…
April 29, 2011 Caterpillar Surprises With Massive Profit Gain Caterpillar (NYSE:CAT) reported Friday a surprising five-fold jump in first quarter profits, reaching an all-time quarterly record as the company benefits from […]
April 29, 2011 Today in Commodities: Tipping Point We feel that some commodity prices are getting overextended and very close to their tipping pint. Far from an ultimate top but […]
April 28, 2011 Sherritt’s Q1 earnings up 116% to $63.6 million Sherritt's Q1 earnings rose 116% over the same quarter a year ago. The company reported net earnings on Thursday of $63.6 million or 22 cents a share. A year ago,…
Russia says stake in gold producer UGC to be put up for public auction soon In July 2025, a Russian court ruled that the majority stake in UGC should be seized and transferred to the state. December 30, 2025 | 08:24 am
