April 10, 2012

The whole world is anxiously waiting for one detail from Alcoa’s earnings announcement

If you were thinking "supply," then you were wrong. Sure, Alcoa's investors will want to know when the global glut of aluminum will line up with demand.

April 10, 2012

Castro is certifiably mad; at least on mining

There are many reports on today’s new about a rant and rave by Fidel Castro on mining. Granted the old man is certifiably mad and that he runs a country…

April 9, 2012

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.

April 9, 2012

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.

April 9, 2012

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.

April 9, 2012

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.

April 9, 2012

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.

April 9, 2012

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…

April 9, 2012

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.

April 9, 2012

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…