Canada’s brief but glamorous affair with one of the world’s great ultra-luxury brands came to a swift end in the new year, with Harry Winston Diamond striking a deal to sell its famed retail diamond jewellery and timepiece division…
Spot prices for iron ore fines delivered to China touched a three-year low of US$87 per tonne in September 2012, before rebounding to US$119 per tonne in December and to the US$158- to US$160-per-tonne level of recent days. The question is:…
I wish to point out one error which somehow crept into “Felderhof’s new life after Bre-X” (TNM, Dec. 31/12–Jan. 6/13). This concerns the comment in brackets: “using gravity concentrate and not alluvial gold,…
During the trading week the S&P/TSX Composite Index rose 0.5%, or 61 points, to close at 12,602.18.
The S&P/TSX Venture Composite Index posted its second consecutive gain during the trading period, rising 0.98% to 1,240.25 points for a 12.02-point weekly jump.
U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earnings season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…
Spot prices
After last year’s funding dispute with the government of Papua New Guinea (PNG), Nautilus Minerals (NUS-T) is continuing to suspend development of its erstwhile flagship Solwara 1 deep-sea mining project.
After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields (GUY-T) took its Aurora gold project back to the drawing board.
After pursuing Quebec-focused Aurizon Mines (ARZ-T, AZK-X) for years, Alamos Gold (AGI-T) has finally gone hostile, announcing a $780-million, cash-and-share bid for the junior gold miner.
It took longer than expected, but Cameco (CCO-T, CCJ-N) has cleared all its regulatory hurdles and acquired nuclear fuel trader Nukem Energy GmbH.
Eight years after getting into the jewellery sector Harry Winston Diamond (HW-T) is locking in its gains and getting out, selling its luxury retail unit to Switzerland’s Swatch Group in a $1-billion deal.
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