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Tag: glencore xstrata

Melkior Resources Inc. Closes Private Placement of $501,000

OTTAWA, ONTARIO–(Marketwired – March 30, 2016) – Melkior Resources Inc. (“Melkior”) (TSX VENTURE:MKR) is pleased to announce that it has completed a non-brokered private placement of 6,200,000 flow units and 3,200,000 non-flow through units at a price of $0.055 per flow through unit and a price of $0.05 per non-flow

Top 10 Junior Mining Stocks of 2013

Top 10 Junior Mining Stocks of 2013

As the countdown begins to Christmas holidays, at least here in North America, resource investors will be taking measure of their portfolios — likely with a stiff drink in hand. Many will not like what they see. Mining stocks, along with most commodity prices, have taken a precipitous slide over

Peru Government Rules Antamina Strike Illegal

A ten day strike at Peru’s Antamina Copper Mine – jointly owned by BHP Billiton (NYSE:BHP,ASX:BHP,LSE:BLT) (33.75 percent), Glencore Xstrata (LSE:GLEN) (33.75 percent), Teck Resources (TSX:TCK.B,NYSE:TCK) (22.5 percent) and Mitsubishi (TSE:8058) (10 percent) – has been ruled illegal by Peru’s government, according to Reuters.

Strike at Peru’s Antamina to Support Copper Prices?

On Monday, workers at Peru’s Antamina copper mine downed tools, beginning the first indefinite strike in the mine’s history. Operations have been partially affected at the mine, and as the largest copper mine in Peru, it’s unclear whether the disruption will help boost copper prices.

Goldman Sachs, JPMorgan and More Accused of Zinc Price Manipulation

Reuters reported that this past Friday, Duncan Galvanizing Corp., one of the oldest galvanizers in the United States, accused Goldman Sachs Group Inc. (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM), the London Metal Exchange and metal warehouse operators of working together to manipulate the US zinc price. Duncan alleges that they

Solid Resources Signs Co-operation Agreement with Glencore Xstrata

Solid Resources Ltd. (TSXV:SRW,FWB:YRS) announced the signing of a definitive and exclusive co-operation agreement with a 100 percent owned subsidiary of Glencore Xstrata plc. The agreement is for joint due diligence of the Cehegin Project in south-eastern Spain, and also allows for a joint venture company to be potentially formed

Nigeria Stays Local With Oil Contract Awards

Reuters reported today that Nigeria has awarded oil contracts worth roughly $40 billion a year to domestic oil companies. The contracts make up the majority of Nigeria’s long-term oil contracts, and the move is in line with the country’s policy to increase the role of local businesses in the oil

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