Volume 98 Number 40 Nov 19 - 25, 2012

Milling facilities at Centerra Gold's Kumtor gold mine in the Kyrgyz Republic. Source: Centerra Gold

Centerra’s Atkinson shows the way at Kumtor

Despite weak earnings due to a seven-week shutdown at its flagship Kumtor gold mine, 60 km south of the Chinese border in the Kyrgyz Republic, Toronto-based Centerra Gold (CG-T) has two big reasons to celebrate its third-quarter results: it has…

Osisko Mining CEO Sean Roosen.

Osisko to acquire Queenston

It’s not easy these days for chief executives and their boards to strike a balance between shareholders who scream for growth and those who demand consistent free cash flow and higher dividends.

Andina jumps on Hochschild’s $103M takeover bid

Shares of Toronto-based junior Andina Minerals (ADM-V) have nearly doubled, as it has agreed to a $130-million, all-cash takeover by Peru-based precious metals producer Hochschild Mining (HOC-L).

Silver Wheaton president and CEO Randy Smallwood.

Silver Wheaton CEO predicts ‘strong fourth quarter’

Management of streaming company Silver Wheaton (SWL-T, SLW-N) were ready to focus investors’ attention on record quarterly silver-equivalent production, but it was a drop in sales volumes and subsequent rollback in dividend payments that…

Seismic risk: high

Editorial: When Harry met Ekati

This week’s long-anticipated, US$500-million sale by BHP Billiton of its 80% stake in the Ekati diamond mine in the Northwest Territories and its remaining worldwide diamond assets to Harry Winston Diamond marks another epochal change in…

Fordia president Luc Paquet receives the Grand Prix from Quebec Premier Pauline Marois. Source: Fordia

Fordia takes the Grand Prix

Quebec-based, diamond-drilling equipment manufacturer Fordia has been recognized by the Quebec Society for Quality (QSQ), a professional standards organization.

Roskill: Turbulence in store for iron ore

London-based resource market analyst Roskill Information Services predicts continued volatility in the iron ore market to 2020, based on the findings of its recent report entitled: Iron Ore: Market Outlook to 2020 (7th ed.).

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