Mining data provider SNL acquired by McGraw Hill for $2.2 billion
SNL Financial was privately held by the private-equity firm New Mountain Capital LLC,, which purchased a 60% stake four years ago.
Latest Stories
Fresh bloodletting among gold mining stocks
Hedge funds bet record 340 tonnes the gold price will continue to fall as bears rip into majors – Barrick falls to 1989 level, Goldcorp at 11-year low.
Chinese gold imports cut in half
Net June imports fall 48% from May as bargain hunters and safe haven buyers stay away despite stock market panic.
Australian firm wants Yukon Zinc’s Wolverine mill
Brisbane-based Minquest says buying plant of bankrupt zinc miner could save it $150m–200m to bring nearby copper project into production.
First Majestic announces friendly acquisition of Silvercrest Mines
"Combined company with production of well over 20 million silver equivalent ounces per year"
CHART: Coal lobbying expenses collapse
The spending decline comes as U.S. coal miners struggle to clear hurdles on the federal level, including both newly proposed measures and regulations already being implemented.
$60 billion in oil sands projects frozen due to crude prices collapse — report
And oil prices keep falling — they have kicked off the week in the red, with U.S. prices trading below $48 a barrel.
Six miners Dundee’s Joseph Fazzini believes will weather the storm
With ongoing volatility expected in the gold space, mostly owing to global economic weakness, investors should focus on quality gold names with three key attributes to weather the current metal price environment, explains Joseph Fazzini.
Indian miner to expand operations at Rio’s former Mozambique coal assets
ICVL wants boost annual production at its Benga mine from 5.3 million tonnes to 13 million tonnes in the next five years.
