Volume 98 Number 8 Apr 9 - 15, 2012

Class actions now in session

The numbers are sobering: A $4-billion class-action lawsuit against Kinross Gold (K-T, KGC-N), a $1-billion claim against Baffinland Iron Mines, a $250-million claim against Agnico-Eagle Mines (AEM-T, AEM-N), a $66-million claim against Eastern…


In the story “Malaga sitting pretty as tungsten prices soar” (TNM, March 12–18/12), incorrect tungsten units were used.

Sizing up BC’s next copper kings

With capital costs escalating all around the industry and mine financing not getting any easier, good infrastructure looks to be as crucial as ever to building a successful, major copper mine in B.C.

Lundin’s NGEx targets copper and gold in Chile

NGEx Resources (NGQ-T) looks to have a promising collection of copper-gold porphyry properties in Chile’s prolific Region III, but considering the company comes under the umbrella of the serially successful Lundin Group of Companies, that…

Ivanhoe to sell SouthGobi stake to Chalco

Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) says it will sell its stake in Mongolian coal producer SouthGobi Resources (SGQ-T) to Aluminum Corporation of China (Chalco) and use the proceeds to fund development of its large Oyu Tolgoi copper-gold mine…

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