Court action against URSA Major Minerals is dismissed
On Tuesday the Ontario Superior Court of Justice dismissed Inspiration Mining Corporation’s court application against URSA Major Minerals. Inspiration sought to reverse […]
On Tuesday the Ontario Superior Court of Justice dismissed Inspiration Mining Corporation’s court application against URSA Major Minerals. Inspiration sought to reverse […]
I've discovered that the Fed's concept of 'quantitative easing' is not new, or even particularly innovative.
Bellzone Mining announced on Tuesday that it had completed a US$133 million placement of 102 million ordinary shares. Canaccord Genuity Limited was the lead manager. Bellzone, an AIM-listed company, is developing two iron ore and nickel/copper assets in Guinea, West Africa. The Kalia iron deposit, a 50mtpa iron ore operation, is the company's flagship project.
Gross domestic product in Canada rose 0.8% in the fourth quarter, said Statistics Canada today. The result was a doubling of the […]
Canadian mining and energy company Sherritt is expecting production declines in Cuba in 2011, Cuba Standard reported: Sherritt, Cuba’s largest foreign investor, […]
Stillwater Mining Company today reported 2010 net income of $50.4 million, or $0.51 per diluted share, on revenues of $555.9 million. Contributing to the net income in 2010 were higher PGM prices and a recovery in recycling volumes, along with continued focus on productivity and controlling costs.
Bloomberg News reports: United Co. Rusal, the biggest aluminum producer, is trailing Alcoa Inc. and all other peers as billionaire founder Oleg Deripaska snubs […]
Atac Resources’ press releases regarding the discovery of a "Carlin type deposit" on their Rau, Yukon property made headlines and managed not only to attract investors’ attention but also to raise some eyebrows in the geological community and made some jealous individuals, saying that the stock is overbought already.
Australia-based Magma Metals has released a preliminary economic assessment (PEA) of its Thunder Bay North platinum-palladium-copper-nickel project in Ontario, Canada. The PEA […]
Citigroup’s Metals and Mining team issued a note Monday talking about how fund flows - not global economic growth - are driving commodities prices higher.