David Shapiro: BHP lining up SA assets for Glencore takeover?

One of the many things I love about David Shapiro is that he has opinions that he’s never afraid to share. There’s rarely a boring conversation when he’s involved, and today’s Power Lunch interview was no exception.  Yesterday David attended the BHP Billiton presentation on “SpinCo” – where 10% of its so-called non-core assets, including … Read more

NEWS SNIPS – Ivanhoe Mines to explore options around DRC assets

Toronto (Reuters) -Ivanhoe Mines has retained BMO Capital Markets Ltd and Morgan Stanley & Co as financial advisers to conduct a strategic review of its Kamoa and Kipushi copper projects in the Democratic Republic of Congo (DRC). Vancouver, British Columbia-based Ivanhoe, headed by well known mining financier Robert Friedland, said on Monday that the strategic review would initially focus on the potential … Read more

Mine tailings spill emergency in Canada

Ottawa, Canada | AFP | 6/8/2014 A state of emergency was declared Wednesday in parts of westernmost Canada after effluent from a gold and copper mine tailings pond spilled into Rocky Mountains waterways. Spill estimates doubled since Monday when an earthen dam breach at the Mount Polley Mine sent waste water and mining debris from the pond into nearby pristine … Read more