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Global Mining Companies Conference : Mining Companies and Industry Hope Commodity Get Back On Track


Investors have lost a lot of money in mining companies the past few months, but they still seem interested in finding the next big winner.

Mining Companies Fell on Concerns, Australian Market and Tradding


Australian shares fell 3.5 percent to a three-month closing low on Monday as property trusts slumped on refinancing troubles at Centro Properties Group and financial sector stocks were dumped on a cloudy outlook for global credit markets.
Mining companies fell on concerns about commodity prices after a surge in U.S. inflation made it less likely [...]

TSX puts in flat close following 2 strong sessions;NY closed for July 4 holiday


The Toronto stock market put in a flat performance Wednesday as investors stepped back after two sessions of strong, triple digit gains, lacking direction from south of the border with U.S. markets closed for the Independence Day holiday.
“New York, certainly to us, is the most relevant market because a lot of Canadian money managers, when [...]

African Copper Announces Private Placement with Botswana Institutional Investors to Raise up to 92,045,492 Botswana Pula


African Copper Plc (”African Copper” or the “Company”) (AIM: ACU)(TSX: ACU)(BSE:AFRICAN COPPER) announces that it proposes to raise up to 92,045,492 Botswana Pula (approximately Pounds Sterling 7.5 million or C$15.9 million) by way of a private placement of up to 8,367,772 ordinary shares at a price of 11 Botswana Pula (approximately Pounds Sterling 0.89 and [...]

Ambrian Launches AIM’s First Precious Metals Fund


London investment banking group Ambrian Capital has today launched the Golden Prospect Precious Metals Ltd. closed-end fund on the London Stock Exchange’s Alternative Investment (AIM) market, ticker symbol: GPM. The fund is the first fund to list on the AIM dedicated to making equity investments in the precious metals sector and is registered in the [...]

China puts Zambia mine investment on hold over Taiwan


Chinese firms have suspended investments in Zambia’s copper mines and will cut diplomatic ties with the African country if main opposition leader Michael Sata wins the September 28 presidential elections, state media reported on Tuesday.
Sata has sparked a diplomatic row between Zambia and China by saying during his campaign meetings that he will expel Chinese [...]