November 23, 2011 AngloGold cuts $3 billion program to dig deeper at mine already 4 kilometres down Bloomberg reports AngloGold Ashanti, the third- largest producer of the metal, is scaling back a $3 billion, 10-year programme to extend is Mponeng mine outside Johannesburg, South Africa. Mponeng is…
November 23, 2011 Mitsubishi buys out partner in Australia iron ore project Japan's Mitsubishi Corp has agreed to buy its partner Murchison Metals' stakes in an iron ore development and a port and rail project in Western Australia for A$325 million ($315…
November 23, 2011 Pacific Northwest coal battle ignites The US coal industry has settled on an unlikely candidate to build America's largest coal terminal. Bellingham is a small coastal city 32 kilometers south of the Canadian border known…
November 23, 2011 Great Lakes iron ore trade up 13% in October The Maritime Executive reports iron ore shipments on the Great Lakes totaled 5.7 million tons in October, a decrease of 11 percent from September, but an increase of 13 percent…
November 23, 2011 Moly tags seen above $12 per lb. long term Molybdenum prices can find support above the $12-per-pound level in the long run says Metal Bulletin.
November 23, 2011 It’s worse than you think: Dr. Copper is Dead Reuters reports copper hit a one-month low on Wednesday, pressured by worries about the outlook for demand after factory growth in top consumer China slowed in November, a poor bond…
November 23, 2011 Markets tumble, gold falls under $1,700 Uncertainty regarding the never-ending euro crisis and weak data from China sent gold and markets lower. The S&P/TSX Composite Index is off 1.88% and the S&P/TSX Venture Composite Index is…
November 23, 2011 Franco-Nevada announces C$340 million bought deal financing Canadian gold royalties company Franco-Nevada aims to raise C$340-million in an equity offering, it said on Tuesday. The TSX- and NYSE-listed firm said it would use the cash for acquisitions,…
November 23, 2011 Freeport Indonesia, union discuss wage proposal to end strike Freeport McMoRan Copper & Gold and its Indonesian union are discussing a possible pay deal to end a three-month strike that has crippled output from the world's second biggest copper…
November 23, 2011 Visible Gold Mines completes $2.87 million private placement Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V4) announces closing of its previously-announced private placement by issuing 9,583,333 "flow-through" units at a price of $0.30 per unit, for gross proceeds…
BNP backs gold price to hit $6,000 as rally ‘makes sense’ The gold-silver ratio, while still lower than its two-year average in the 80s, has bounced back, said Wilson, BNP’s director of commodities strategy. February 10, 2026 | 03:14 pm
