Anglo American Platinum Limited


Chihuahua lures Anglo

Vancouver — Looking to gain a foothold in Mexico’s Chihuahua state, Anglo American (AAUK-Q) has teamed with Western Copper Holdings (WTC-T) to explore 145 sq. km in the historic Almoloya zinc-lead-si…


JP Morgan dispels rumours

The gold bugs watched in glee as their arch nemesis, JP Morgan, the counterparty to most gold-derivatives trading, issued a statement that refuted rumours it had recently lost upwards of US$17 billlio…


Atlas Copco combines divisions

Atlas Copco will fold its drill rig and loader/truck businesses into one division by transferring production of the latter from Portland, Ore., to its Rock Excavation Technology Center in Sweden.The t…


Precious metals miners shine

While gold prices ended the report period virtually unchanged at around US$317 per oz., gold bugs drew encouragement that most of the gold miners showed uncharacteristic strength and added to the prev…


OM in freefall

After dropping from US$40 to US$30 in the previous week, the shares of cobalt refiner OM Group collapsed further during the report period, falling 71% on Oct. 29 to US$8.95 and closing at US$7.49 on t…


Anglo extends Boyongan

Vancouver — Delineation drilling on the Boyongan prospect in the Philippines continues to churn out impressive copper-gold values.Partners Anglo American (AAUK-Q) and Philex Gold (PGI-V) have six rig…


OM whacked by UN report

Shares in Cleveland-based cobalt refiner OM Group crashed to a three-and-a-half-year low during the report period following its mention in a UN Security Council report on illegal mining activity in th…


PFN coasts on River Valley

A fifth phase of drilling has doubled the size of the River Valley palladium deposit in northern Ontario, reports Pacific North West Capital (PFN-T).Combined measured and indicated resources now stand…


Sherritt, Ontario Teachers put Fording on notice

Fording, Canada’s largest producer of export coal, took centre-stage in the Oct. 16-22 report period, becoming the latest takeover target of Sherritt International and the Ontario Teacher’s Pension Pl…


New tents pitched in Red Lake camp

Aquiline Resources (AQI-V) has entered into an option agreement to acquire a 60% stake in Global Consolidated Minerals’ Dome project, in the Red Lake mining camp in northern Ontario.To acquire its int…


Golds slump in weak market

Dow 36,000 receded further into the distance over the report period Oct. 1-8, with the bellwether U.S. stock index plunging 437.30 points to finish at 7,501.49. But the gold stocks, which have been fe…


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