Nevsun Resources got the market's attention on Thursday when its stock jumped on rumors of a billion-dollar acquisition. However, it made headlines again on Friday for all the wrong reasons.
Though it's probably not on investors' go-to list for uranium exposure, the Global X Uranium ETF has been doing much better lately. If the uranium price keeps rising, it could be a good option for those interested in the commodity.
Uralkali suffered flooding and a sinkhole at its Solikamsk-2 mine this week, prompting speculation that the company may have to reduce its output.
Golden Arrow, Levon Resources and Minco Silver all have at least two things in common: they're focused on silver and have experienced share price jumps in the last five days.
Police moved in and arrested protesters in Burnaby on Thursday as Kinder Morgan attempted to continue surveying work for its Trans Mountain pipeline project.
Moly prices could be in for a boost in the next five years if the metal is buoyed up by increased consumption and production in China. A report released Thursday states that the country's moly consumption is set to hit 120,000 metric tons in 2015, reaching 135,000 MT by 2020.
Indonesia's reaffirmation of its ore export ban, along with concerns of an ore shortage in China, pushed LME nickel for three-month delivery to a five-week high of $16,380 per MT on Thursday.
Nevsun was up roughly 13 percent during morning trading hours, largely on news that mining fund QKR might be making a $1-billion bid for the company.
With news of a possible billion-dollar takeover bid for Eritrea-focused copper miner Nevsun Resources making headlines, investors are probably scratching their heads about QKR.
At first glance, microbes and mining might not seem like two things that go together. However, genomics research being conducted downstream from Western Copper and Gold's Casino project might prove otherwise — microbes may be capable of saving mining companies millions in remediation costs and environmental protection measures.