MarketWatch quotes Nomura economist Zhiwei Zhang as saying: "Overall, economic conditions are getting weaker at a fast pace. The slowdown is happening faster than the government expected."
Caledonia, worth $57 million on the TSX, is up 35% so far this year and ten times the usual volume of 131,000 shares changed hands on Monday.
The Company is on track to deliver significant earnings, EBITDA and cash flow growth again in 2012 as we expect the Cerro Bayo silver-gold mine will reach full production by the fourth quarter and the Costerfield gold-antimony mine will achieve more stable operations
Great Panther is pleased to report revenues for the year ended December 31, 2011 of $57.8 million, representing a 37% increase over 2010. The Company's gross profit or earnings from mining operations increased by 64% to $26.9 million for 2011, and net earnings increased 8% to $11.5 million. The Company also increased working capital to $53.8 million at December 31, 2011, from $18.8 million at the end of the prior year.
Serial mega-mine developer Robert Friedland said in early February that Ivanplats will be developing the Kamoa mine in the DRC, Africa’s largest copper project that will have a lifespan that can be “measured in generations as opposed to decades.”
With high market volatility, running a small fund like the Magna Opportunity Fund, which seeks to deliver exceptional returns, requires nimble management.
The stock chart is enough to make every mining investor relations professional salivate. A gradual bumping along at around 25c a share, and then, like a sudden lurching of the needle on a seismograph, a massive, electrifying move upward.
SGS Geostat has determined a base case Inferred mineral resource of 219.8 million tonnes containing 1.88% TREO, an Indicated mineral resource of 27.7 million tonnes containing 1.90% TREO, and a Measured mineral resource of 1.6 million tonnes containing 1.77% TREO
The big three – BHP, Vale and Rio Tinto – control nearly 70% of the 1 billion tonne annual iron ore seaborne trade and even the combined mining and trading capabilities of a Glenstrata may not be enough of an advantage over the incumbents.
Apple Incorporated (AAPL) or Silver Wheaton Corporation (SLW) some would say its a little like David and Goliath or Bambi meets Godzilla.