October 20, 2011 United Copper takes on $150m debt in KPS Capital buyout United Copper Industries, a leading manufacturer of copper wire, has taken on $150 million in debt as part of a buyout by private equity firm KPS Capital Partners LLC, the…
October 20, 2011 NovaGold strikes agreement with native group in Alaska NovaGold (TSE:NG) has struck an agreement with a native group in Alaska respecting its Ambler project. The company said the agreement consolidates Nova Gold's land holdings with those of NANA…
October 20, 2011 Alrosa ups profits 5-fold, says IPO no longer necessary BusinessWeek reports Alrosa says it mined more diamonds than global rival De Beers in 2009, 2010 and the first half of 2011 and is benefiting from prices for rough diamonds…
October 20, 2011 Stillwater evacuates mine Stillwater Mining (NYSE:SWC), the only platinum and palladium miner in the United States, evacuated about 200 workers from its underground mine in Montana yesterday.
October 20, 2011 Dust-up over small gold, diamond explorer involves some big names A dispute between investment banker Euro Pacific Canada Inc. and Midlands Minerals Corp. (CVE:MEX) is drawing in two of the biggest names in the gold investing industry. The Globe and…
October 20, 2011 African Barrick Gold posts record Q3 profit African Barrick Gold plc (ABG) (LON:ABG) cruised to a record profit in the third quarter on the back of higher production and high gold prices, the company announced today. ABG…
October 20, 2011 Safe haven status gone, gold tests $1,600 after four straight days of losses Gold for December delivery had shed $40 or more than 2% by lunchtime coming close to breaching the $1,600/oz level in New York before before regaining some ground to trade…
October 20, 2011 US polished diamond imports rise 29% in August U.S. net polished diamond imports increased 28.8 percent to $258.3 million in August compared to August 2010. Prices of polished diamonds started to soften in August as traders started to…
October 20, 2011 Iron ore price slide unlikely to stop as China continues to sputter The rout in industrial metals has claimed another victim: iron ore. On the same day that copper tumbled nearly 7% for its biggest slide in a month, Bloomberg reports that…
October 20, 2011 Outokumpu to cut 1 in 6 workers on gloomy steel outlook Reuters reports Outokumpu said it expected to report a significant operating loss in its final quarter as weak demand and prices continued to hit margins forcing the stainless steel maker…
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
