Copper – Speculation regarding Chinese demand continued to keep the red metal in flux this week. Today, apprehension over the upcoming release of Chinese data drew prices back by 0.5 percent, to $6,636.50 per tonne.
Articles Tagged "TSX:FM"
Copper – Copper climbed to a four-week high Thursday following the US Federal Reserve’s surprise decision not to taper its economic stimulus program.
Copper – Mirasol Resources Ltd. (TSXV:MRZ) announced that it has signed a binding Letter Agreement with First Quantum Minerals Ltd. (TSX:FM,LSE:FQM). Together, the companies will explore and develop Mirasol's Chile-based Rubi property, which is located within a porphyry belt that hosts "many world class porphyry copper deposits."
Nickel – ABC News reported that business commentator Tim Treadgold believes that falling nickel prices are putting pressure on First Quantum Minerals Ltd.'s (TSX:FM,LSE:FQM) Ravensthorpe nickel mine, located in Australia.
Copper mining has been taking place in Africa for thousands of years and still occurs today. Here's a look at three companies that are currently mining the red metal on the continent.
Copper – First Quantum’s successful campaign to win over Inmet’s shareholders could be a sign that smaller mining companies may be starting to recognize the benefits of being part of a bigger group.
Gold – Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Nickel – First Quantum Minerals Ltd (TSX:FM, LSE:FQM), a nickel mining company, announced that it had varied and extended its offer to acquire all Inmet Mining Corp outstanding shares until 11:59PM on March 21, 2013.
Gold – The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.
Nickel – First Quantum Minerals Ltd. (TSX:FM, LSE:FQM) announced that it has extended and modified its offer to acquire the outstanding shares of Inmet Mining Corporation.