Anglo American Platinum Limited

The Jacobina gold district of Bahia state, Brazil, is one of those famed areas like Kalgoorlie in Western Australia or the Porcupine in Ontario: everybody knows all about them — or to be more precise…

U.S. equity markets were lower over the report period Jan. 18-25, mainly forced lower by poor earnings news. The S&P-500 index was down 2.3% of value, at 1,168.41 points.

Vancouver — Southwestern Resources (SWG-T) has entered into two joint ventures to explore for gold and copper in southern Peru.

Toronto-based junior company OntZinc (OTZ-V) has closed its purchase of Hudson Bay Mining & Smelting from South African mining house Anglo American (AAUK-Q) after completing large equity and debt financings.

A significant decline in precious metal prices over the week took the wind out of the junior resource market. The S&P-TSX Venture Composite Index closed at 1,721.79 for the week Dec. 8-14, up slightly from previous week’s close of 1,712.19, but no…

The equity offering to finance OntZinc‘s (OTZ-V) purchase of Hudson Bay Mining & Smelting will raise up to $143.8 million, following agreements with a syndicate of seven investment houses.

The report period ended Dec. 14 culminated in the Federal Reserve’s delivery of a widely anticipated 25-basis-point increase in the target overnight interest rate to 2.25%. Meanwhile, the wider markets rallied as the U.S. dollar firmed, with both…

U.S. stock markets were little-changed over the report period Dec. 1-7, but the mining stocks fell sharply. The S&P 500 index, representative of the broad market, was up 3.25 points to 1,177.07, but the XAU gold and silver index fell about 6% in t…