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Precious Metals and Mining

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  • Australian company to buy $16M in Tintina shares Tuesday, 2 Sep 2014 | 10:06 AM ET

    HELENA, Mont.— An Australian mining company has offered to purchase a controlling share of Tintina Resources Inc., the company that proposes a copper mine in central Montana. Sandfire Resources NL of Perth, Australia, has agreed to buy 80 million shares of Tintina at 20 cents per share for a total of $16 million, Tintina officials announced.

  • *Palladium hovers near 13-1/ 2 yr high on Ukraine crisis. Spreadbetters expected an effectively flat open for Europe, with Britain's FTSE, Germany's DAX and France's CAX forecast to open about 0.1 percent higher.

  • *Dollar/yen hits 7- month high as Tokyo shares gain. *Palladium hovers near 13-1/ 2 yr high on Ukraine crisis. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.4 percent after managing to carve out gains on the previous day.

  • SINGAPORE, Sept 2- Gold held steady below $1,300 an ounce as investors eyed heightened tensions in Ukraine and awaited U.S. economic data, while palladium hovered near a 13-1/ 2 year high on fears that possible Western sanctions on Russia could hit supply.

  • *Palladium hovers near 13-1/ 2 yr high on Ukraine crisis. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent. The index managed to carve out gains on Monday, brushing aside the Ukraine crisis and a downbeat China manufacturing survey.

  • LONDON, Sept 1- Palladium rose to a 13-1/ 2- year high of $910 an ounce on Monday on fears that possible Western sanctions against Russia over the Ukraine crisis could hit supply from the world's top producer of the metal, while gold nudged higher.

  • LONDON, Sept 1- Palladium rose above $900 an ounce on Monday to a 13-1/ 2- year high on fears that possible Western sanctions against Russia over the Ukraine crisis could hit supply from the world's largest producer, while gold nudged higher.

  • Gold looks 'vulnerable': Pro     Monday, 1 Sep 2014 | 2:00 AM ET

    Sean Corrigan, chief investment strategist at Diapason Commodities Management, says gold looks "vulnerable" with a tight trading range.

  • SINGAPORE, Sept 1- Palladium rose for a fourth straight session on Monday to trade near a 13-1/ 2 year high on fears that supply from top producer Russia could be hit due to the Ukraine crisis, while gold dipped slightly on a stronger dollar.

  • Trapped miners rescued in Nicaragua; 5 remain Saturday, 30 Aug 2014 | 12:05 AM ET

    BONANZA, Nicaragua— Rescuers using long ladders tried to get food and water to freelance miners trapped in a Nicaraguan gold mine, as the effort to reach the 24 men entered its second day. Authorities said 20 of the miners had been located and had communicated with rescuers at the El Comal gold and silver mine in the community of Bonanza in northern Nicaragua.

  • Final Glance: Gold companies Friday, 29 Aug 2014 | 6:07 PM ET

    Barrick Gold Corp. rose$. 17 or. 9 percent, to $18.39. Gold Fields rose$. 21 or 4.5 percent, to $4.84. Newmont Mining Corp. rose$. 23 or. 9 percent, to $27.09.

  • Final Glance: Silver companies Friday, 29 Aug 2014 | 6:07 PM ET

    Hecla Mining Co. rose$. 03 or. 9 percent, to $3.27. Pan American Silver Corp. rose$. 14 or 1.0 percent, to $14.36. Silver Standard Resources Inc. rose$. 04 or. 4 percent, to $9.37.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a fresh 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • Midday Glance: Gold companies Friday, 29 Aug 2014 | 1:19 PM ET

    NEW YORK— Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 18 or 1.0 percent, to $18.40. Newmont Mining Corp. rose$. 25 or. 9 percent, to $27.11.

  • Midday Glance: Silver companies Friday, 29 Aug 2014 | 1:19 PM ET

    Hecla Mining Co. rose$. 01 or. 5 percent, to $3.26. Pan American Silver Corp. rose$. 15 or 1.1 percent, to $14.37. Silver Standard Resources Inc. rose$. 12 or 1.2 percent, to $9.45.

  • Early Glance: Gold companies Friday, 29 Aug 2014 | 10:31 AM ET

    NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 08 or. 4 percent, to $18.14. Newmont Mining Corp. fell$. 09 or. 3 percent, to $26.77.

  • Early Glance: Silver companies Friday, 29 Aug 2014 | 10:31 AM ET

    Hecla Mining Co. fell$. 01 or. 3 percent, to $3.23. Pan American Silver Corp. fell$. 12 or. 8 percent, to $14.10. Silver Standard Resources Inc. fell$. 10 or 1.1 percent, to $9.23.

  • Rescuers race to reach trapped miners in Nicaragua Friday, 29 Aug 2014 | 9:25 AM ET

    BONANZA, Nicaragua— Rescuers in Nicaragua raced Friday to reach at least 24 freelance gold miners trapped by a landslide, including 20 who have been located and have managed to communicate with emergency crews.

  • He backed up a short bet; China jailed him for it Friday, 29 Aug 2014 | 12:00 AM ET
    Kun Huang, a Chinese-born Canadian citizen, who is back in Vancouver after spending two years in a Chinese jail, at his lawyer’s office in Vancouver, Canada, Aug. 22, 2014.

    His crime was contributing to research that led his employer to recommend short sales of Silvercorp Metals, a silver producer that is based in Canada but does its mining in China.