Source: Daily News | 2016-02-09
Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified...
Source: Daily News | 2016-02-04
The world’s largest producer of manganese is taking a hatchet to supply in an effort to rebalance the market.
Source: Daily News | 2016-02-02
Royal Nickel Corp. (TSX: RNX), also known as RNC, is taking advantage of the low commodity prices to transform into a multi-asset producer of nickel, gold and copper.
Source: Print Archives | 2016-01-20
Sherritt International (TSX: S) is bracing for a $1.6-billion non-cash impairment at its Ambatovy nickel-cobalt mine in Madagascar due to lower nickel prices, months after it cancelled its quarterly dividend for 2015 and 2016 to reduce...
Source: Print Archives | 2016-01-06
After a “material compression” of industry earnings in 2015, Moody’s Investors Service forecasts that the earnings contraction will continue this year.
Source: Print Archives | 2015-12-09
Extremely challenging market conditions will persist for some time, but the resource sector can look forward to supply-side tightness in the medium-term, along with better metal prices, Pat Mohr, a vice-president and economics and commodity...
Source: Print Archives | 2015-11-04
VANCOUVER — When nickel giant Vale (NYSE: VALE) dropped its claims over the Rice Island nickel and copper project in the highly prolific Flin Flon–Snow Lake mining district of Manitoba in May, junior explorer Wolfden Resources...
Source: Print Archives | 2015-09-30
Anxiety about global growth soured investor appetite for risk, with data showing Chinese factory activity shrank to a six-and-a-half-year low in September, while U.S. manufacturing growth in the same month stayed at a two-year low.
Source: Print Archives | 2015-09-23
David Pathe, president and CEO of Sherritt International (TSX: S), did not mince words when he said the company needed to take action to protect its balance sheet so that it could withstand lower commodity prices, with “more than 60% of...
Source: Print Archives | 2015-09-16
South Africa-based Lonmin (LSE: LMI), one of the world’s largest primary producers of platinum group metals (PGMs), has signed an option agreement to earn a 50% initial interest in Wallbridge Mining’s (TSX: WM) four Parkin...