Apogee eyes up to 7Moz/y from Bolivian silver mine

Silver prices could hit $50/oz in the next 12 months, Apogee Silver CEO Neil Ringdahl said in an interview on Tuesday. The company is reopening the second-biggest silver mine in Bolivian history at its Pulacayo deposit, and aims to produce five-...

Despite China slowdown fears, iron-ore optimism remains

With growing fears that the Chinese economy could suffer a hard landing from the government’s cooling measures, analysts said this week Beijing has a good track record of managing the economy so far, and prices for commodities like iron-ore...

Clock ticks down on latest Baffinland offer

The latest and currently only takeover offer for Baffinland Iron Mines is scheduled to expire just before midnight Toronto time on Monday, more than four months after the company and its iron-ore project in the Canadian arctic was put into play by...

Baffinland shares rise in wake of Cliffs deal

Shares in takeover target Baffinland Iron Mines rose more than six percent on Wednesday, suggesting that investors expect a better offer to emerge for the company and its flagship iron-ore project. Baffinland stock rose as high as C$1,58 a share...

Baffinland share price hints at upper hand for ArcelorMittal

After a hard-fought takeover battle, Baffinland Iron Mines’ share price is implying that ArcelorMittal will emerge the victor, after its offer expires on Monday. The world’s biggest steelmaker’s offer stands at C$1,40 a share for the...

Regulatory woes, rival bids 'unlikely' as ArcelorMittal offers to buy Baffinland

The world's biggest steelmaker, ArcelorMittal, had been in exclusive talks to become a strategic partner in Baffinland Iron's Mary River project before another company made a buyout offer for the TSX-listed company. "Those negotiations were in...

Jennings analyst unconvinced by offer for Baffinland Iron

After Nunavut Iron extended its buyout offer to Baffinland Iron Mines shareholders last week, an analyst said on Tuesday he doesn't think the C$0,80 a share bid will fly. The offer has been extended to November 8, while Nunavut Iron sought to...

Taseko shares bounce back

Shares in Taseko Mines jumped 9,82% on Friday, erasing most of a sharp drop in value a day earlier. Taseko shares fell 10,5% on Thursday, despite a target price update during the day from Jennings Capital analyst Peter Campbell.

Baffinland Iron seeks partner for Nunavut project

TSX-listed Baffinland Iron Mines is hoping to secure a strategic partner for its $4,1-billion Mary River iron ore project within the next two to three months, chairperson and acting CEO Richard McCloskey said on Tuesday. Baffinland is looking to...

Take cash where you can get it, bankers urge mining companies

Cash is 'king' in the current environment, and should be preserved and pursued as a top priority, high-level speakers from UBS, KPMG, Jennings Capital and Standard America said in Toronto on Tuesday. Through successive presentations at a...

Gold merger talks risk political fallout in Ghana

The proposed merger between South Africa's AngloGold and Ghana's Ashanti Goldfields, to create the world's biggest gold producer, could become a political minefield for Ghana's government.

Zambia should support new copper project – analysts

Analysts believe that it would be in Zambia’s best interest to get the Kansanshi project, currently being investigated by Canadian and AIM-listed copper-miner First Quantum (FM), off the ground as soon as possible.