The recent relative weakness in the gold price seems to have led to increased investment in the world's biggest gold ETF - SPDR Gold trust - with the ETF's gold holdings back only a fraction below the record of 1,134.03 tonnes recorded at the beginn
Canada's International Royalty Corp (IRC.TO: Quote) said on Tuesday Royal Gold's (RGLD.O: Quote) C$749 million ($719.5 million) offer to buy the company is superior to Franco-Nevada's (FNV.TO: Quote) unsolicited bid.International Roya
UC RUSAL has secured a member of the Rothschild family as well as one of southeast Asia's richest men as investors in an IPO that could value the indebted aluminium firm at nearly $27 billion, sources said on Tuesday. Paulson & Co, the U.S. hedg
Metals explorer Corriente Resources Inc (CTQ.TO: Quote) said China's CRCC-Tongguan Investment Co Ltd agreed to buy all of its outstanding shares in a deal worth about C$679 million.CRCC-Tongguan Investment agreed to pay C$8.60 in cash for every Corr
Avoca Resources (ASX: AVO) which mines gold in the Higginsville region said it would now offer A65 cents cash and 0.325 Avoca shares for every Dioro Exploration (ASX & TSX: DIO) share.This, Avoca said, would value each Dioro share at $A1.25 whic
Workers voted on Tuesday to strike at Chile's Chuquicamata mine, which produces around 4 percent of the world's copper concentrate, fanning supply fears that have helped boost global prices.The Chuquicamata strike vote came just hours after union wo
Junior explorer Chalice Gold Mines Ltd (ASX: CHN) disclosed today that it had sold its interest in the Wilga joint venture to partner AngloGold Ashanti Australia Ltd.The lure was water rather than gold.AngloGold Ashanti had been earning a 75% stake
London copper prices rallied almost 3 percent to a 16-month peak on Tuesday after the Christmas break, chasing gains made in Shanghai over the holiday period.Strike votes at two large Chilean copper operations, Codelco's Chuquicamata mine and Xstrat
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