Search Results
Canada Stocks Rise for Seventh Day on Gold Companies Profits
Canadian stocks rose for a seventh day, the longest rally in 11 months, as three of the country’s four largest gold producers by market value beat earnings estimates.
Barrick Gold Corp., the world’s biggest producer of the metal, gained 3.3 percent after announcing it will spin off its African operations. Kinross Gold Corp., the country’s third- [...]
Canada Stocks Fluctuate as Gold Mining Companies Slips, Energy Producer Rise
Canadian stocks swung between gains and losses as energy producers rose and gold mining companies fell as the precious metal retreated from a four-week high.
Canadian Natural Resources Ltd., Canada’s second-largest energy company by market value, advanced 0.8 percent after analyst Brian C. Dutton of Credit Suisse Group AG raised his rating on the stock to [...]
China to Invest Billions Dollars in Canadian Mining Company
One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).
Lihir Gold Limited Appoints North American Investor Relations Representative
Global gold producer Lihir Gold Limited has moved to provide greater focus on its North American investor communications through the appointment of an Investor Relations Officer based in Denver, Colorado.
The appointment reflects the requirement for the company to have closer relationships with the investor community in the major markets in the region.
British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Mining Companies Plan Merger, Xtrata Submit A Proposal To The Merger Bid Anglo American
Xtrata and Anglo American are the two largest mining company, has assets of exploration and mining large. The two companies compete to sell the production of mining exploration. However, the condition of the economic crisis affecting the global mining company Xtrata. Xtrata company reported decreased net profit 77 percent in the first six months of [...]
Gold-Mine Exploration Permit, Canada Gold Mining Companies Evaluated
The Ninth Circuit Court of Appeals will hear oral arguments Wednesday on whether the Canadian corporation Barrick Gold will be allowed to construct and operate an open pit gold mine on Mt. Tenabo in Nevada. The mine is planned on lands that are culturally and spiritually significant to the Western Shoshone native people.
Mining Market, Trade and Production : Commodity Prices Stabilising, Steel Prices Rise, Copper Mine Prices Increase
The prices of most commodities appear to have stabilised, says Anglo American CEO Cynthia Carroll. Read on page 5 of this edition of Mining Weekly of the copper price increasing by more than 50% off its December low, platinum going above $1 200/oz from its sub-$800/oz October lows, nickel going to $12 000/t and zinc [...]
