May 11, 2012

Will a Euro breakup boost gold and silver prices?

Greek politicians are struggling to form a new government. Concerns are increasing that Greece will drop the euro.

May 10, 2012

Increased foreign expansion exposes Canadian mining companies to risk

The current economic climate has created an ideal setting for the growth of Canadian mining companies. And for many, there may be no better way to embrace this opportunity than…

May 10, 2012

The commodity megatrend

Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the 20thcentury. The new and long-term upward trend began with most commodities in late…

May 10, 2012

Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory

The oil and natural gas rich nation's stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to…

May 10, 2012

Fortuna reports net income of US$11.11 million on revenue of US$40.60 million in the first quarter of 2012

Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) (BVL: FVI | Frankfurt: F4S.F) is pleased to announce that it has filed its financial statements and MD&A for the three months…

May 9, 2012

Endeavour Silver increases silver output 19 pct Y/Y in Q1 2012

Mexico-focused miner Endeavour Silver Corp (TSE:EDR) increased silver output by 19% year-on-year to 1.07 million ounces in the first quarter of 2012 after a plant expansion at its Guanajuato mine…

May 9, 2012

Mongolia backtracks on state ownership of mining companies

Fearing a backlash by foreign investors in the mining sector – the foundation of the country's economy – Mongolian legislators on Tuesday watered down many of the provisions of draft…

May 9, 2012

Anglo American Platinum to adopt fuel cell locomotive

Anglo American Platinum (Amplats), the world’s largest platinum producer, launched today the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa.

May 9, 2012

Silver forecasters bullish as funds retreat from slump

At a time when hedge funds are reducing bullish silver bets by the most in two years, analysts predict a rally as manufacturing expands from China to the U.S., boosting…

May 9, 2012

Collapse in Canadian mining deals in midst of global uncertainty

While 2011 was a near-record year for mining mergers and acquisitions (M&A), with over 2,600 deals worth $149 billion in the global mining sector, 2012 is not looking so good,…