Castro likes Trudeau; Harper, not so much
Fidel Castro said Prime Minister Stephen Harper suffers from illusions regarding resources and the extensive claims the U.S. has on Canada.
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Glasenberg – 1, Xstrata shareholders – 0
The $2.6 billion Qatari investment could provide Glencore CEO Ivan Glasenberg the necessary backing he needs to push through the deal which many Xstrata shareholders say sell them short.
Randgold Resources pops 9% after soothing investor’s nerves about Mali
Randgold Resources led gold miners on the markets, gaining 9.16% to $88.90 a share on the NASDAQ, after announcing a political settlement in Mali.
Banro shuffles board as stock losses mount
The DRC gold miner is now down more than 25% from a high of $5.68 hit seven weeks ago.
Radius Gold up 19% after B2Gold pays $20 million for properties in Nicaragua
B2Gold Corp. (TSX:BTO) announced today that it paid Can$20 million to Radius Gold for Trebol and El Pavon Properties in Nicaragua.
Ivanhoe bloodletting continues
The Vancouver-based miner gave up another 3% on Monday, bringing its losses over the past trading week to 15% as worries about grades and costs at Oyu Tolgoi – one of the richest copper and gold mines in the world – continue to mount.
FT: Spain and Portugal on the brink of mining renaissance
TSX-listed Emed Mining hopes to re-open the Rio Tinto copper mines in southern Spain after an almost 30-year hiatus.
Failed bottom in gold stocks initiates start of capitulation
It was only a week ago we felt the gold stocks had a great chance of putting in a bottom. Monday supported our thesis but after Tuesday’s action and Bernanke’s jawboning it was apparent that the gold shares were in for a very difficult period.
Mining investments in Chile to reach $100 billion by 2020
Mining investment in Chile, the world's largest copper producer, would reach US$ 100 billion between 2012 and 2020, the National Mining Society (Sonami) said on Monday.