Gold, silver investing legend Eric Sprott on junior mining spree

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet originally offered.

Canadian authorities revealed Sunday plans for the final portion of tar ponds clean-up in the province of Nova Scotia, which will see $17 million spent on a park, sports field and an outdoor stage and amphitheatre, as part of a project to revitalize an area where a former steel mill left behind contaminated soil.

Just a one percentage point decline in oil production generates an immediate oil price spike of over 60 percent

The opportunities that lie ahead will be volumetric as opposed to price-based

Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) confirmed late Thursday it is studying an upgraded and final takeover offer by Inmet Mining Corp. (TSX:IMN), which is now offering about 25% more than $112-million it previously proposed.

Potash Corp of Saskatchewan (TSX:POT) has seen third quarter earnings plunge 22% due to a sharp decline in exports of the key fertilizer ingredient to China and India.

"We think we’ve got a good project."

In times when most miners are reporting profit below estimates, Goldcorp (TSX:G)(NYSE:GG), posted better-than-expected third quarter results on Thursday as it benefited from operating improvements at Red Lake and Peñasquito, its two flagship operations.

An analysis of precious metals and commodities funds indicates that silver could well be the new gold for investors seeking to hedge against inflation.