April 18, 2011

Capstone Mining to acquire Far West Mining in $725 million deal; shares down seven percent

Capstone Mining will acquire all the issued and outstanding shares of Far West Mining. Total transaction value will be Can$725 million. Capstone released details of the agreement in a press…

April 18, 2011

Is commodities boom nearing its end?

The commodity bull has shown little sign of running out of steam - until now. Prices began to stumble as soon as a note from Goldman Sachs, the American banking…

April 16, 2011

Hondo Minerals to start-up processing facility at Tennessee mine

Hondo Minerals Corp has announced the expansion of its operational infrastructure in preparation for the opening of a processing facility at the Tennessee mine in Arizona.

April 15, 2011

NovaGold releases PEA for Ambler project, Alaska

NovaGold Resources released a prefeasibility study today on its 100%-owned Ambler project in northwest Alaska. The Vancouver-based company is exploring the sprawling 36,670-hectare property, which is host to a number…

April 14, 2011

Goldman’s near-term bearish turn on commodities

Yesterday was quite a weak day in the commodity markets, with a few staging outside reversals on their charts. It appears some […]

April 14, 2011

China’s commodity feast far from over

When a Chinese vase that might be barely a century old fetched $18 million recently at a Sotheby’s auction in New York—obliterating its pre-sale estimate of just $1,000—that was surely…

April 14, 2011

Glencore to seek as much as $12.1bn in London, Hong Kong IPO

Glencore International plc plans to raise up to $12.1 billion in a London and Hong Kong IPO, according to a term sheet seen by Reuters on Thursday, cashing in on…

April 7, 2011

Azure Minerals signs $13M copper exploration joint venture with Japanese state company

Azure Minerals, a Mexico-focused precious and base metals explorer, said today it has entered into an agreement to form a joint venture with a Japanese state-owned corporation to explore the…

April 7, 2011

Buenaventura announces strike by contractor workers at the Uchucchacua mine

Compania de Minas Buenaventura S.A.A. (“the Company” or “Buenaventura”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company […]

April 6, 2011

Selwyn announces Scotia mine mineral resources

Selwyn Resources Ltd. (TSX VENTURE:SWN) (“Selwyn”) is pleased to announce a NI 43-101 compliant mineral resource estimate for the Scotia mine (formerly […]