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Barrick CEO sees no competition in his bid for Freeport’s Grasberg mine
Barrick Gold Corp Chief Executive Mark Bristow on Wednesday said he sees no competition from rivals in his pursuit of Freeport-McMoran Inc’s Grasberg copper-gold mine in Indonesia but cautioned any deal for the asset would take time to pull off. Bristow has fanned...
First Quantum posts surprise profit on higher copper sales, output
Canada’s First Quantum Minerals Ltd posted a surprise profit on Thursday, helped by higher sales and production, driven by a ramp up of its Cobre Panama copper mine. First Quantum’s total copper production rose 29% to 204,270 tonnes, while sales jumped 31.8%. The...
Overview Market Close – February 13, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 29,423.31 -128.11 -0.43% S&P 500 INDEX 3,373.94 -5.51 -0.16% NASDAQ COMPOSITE INDEX 9,711.97 -13.99 -0.14% NYSE COMPOSITE INDEX 14,099.04 -37.94 -0.27% S&P/TSX COMPOSITE INDEX 17,821.17 -11.68 -0.07%...
Copper Fox gets Eaglehead project for C$1.4m
Copper Fox Metals announced that it will acquire the Eaglehead property in British Columbia from District Copper. In a press release, the Calgary-based miner said the transaction will take place via a property acquisition agreement to be executed by its subsidiary...