South32 restructures, flags US$1.7 billion write-down

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.

US stocks gain ground, Jan. 25-29 

Source: Print Archives | 2016-02-03
U.S. equities posted a second consecutive weekly gain, after a surprise move from the Bank of Japan to stimulate its economy. The Dow Jones Industrial Average rose 2.3% to 16,466.30, while the S&P 500 Index advanced 1.8% to 1,940.24. The...

Site visit: Western Copper sees Casino as an economic driver in the Yukon 

Source: Print Archives | 2016-01-27
WHITEHORSE, YUKON — It may not be the best time to develop a bulk-tonnage mining operation, but Western Copper and Gold (TSX: WRN; NYSE-MKT: WRN) is sure that the Casino copper-gold deposit will be one of the first projects off the...

Moody's puts 55 miners on review for downgrade 

Source: Print Archives | 2016-01-27
Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.

TSX rises on higher oil prices, Jan. 18-22 

Source: Print Archives | 2016-01-27
The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The...

The biggest gold losers in 2015  

Source: Print Archives | 2016-01-20
Last year was another tough year for gold companies, with the spot metal price sliding 10% to finish 2015 at US$1,061 per oz. While some miners thrived in the low gold price environment, others collapsed, with more than a few voluntarily...

Endeavour, Detour exit 2015 on a high note 

Source: Print Archives | 2016-01-20
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) and Detour Gold (TSX: DGC; US-OTC: DRGDF) — two of the gold sector's top share-price performers last year — reported strong fourth-quarter and full-year production results in 2015...

More gold for Rockhaven at Klaza 

Source: Print Archives | 2016-01-20
VANCOUVER — With over 20 million historical oz. of placer gold scoured out of the gravel creeks across the northern latitudes of the Yukon Territory, Matthew Turner, president, CEO and director of Rockhaven Resources (TSXV: RK), says...

US equities continue to sink, Jan.11-15

Source: Daily News | 2016-01-19
U.S. stocks retreated, continuing the U.S. market's worst-ever start to the calendar year, as oil prices tumbled and investors worried about the health of the Chinese economy. The Dow Jones Industrial Average fell 2.2% to 15,988.08 and the...

TSX drops, Jan 4-8

Source: Daily News | 2016-01-11
Canada’s benchmark index posted a triple-digit loss in the new year. The S&P/TSX Composite Index fell 4.3%, or 564.5 points to 12,445.45, despite a positive jobs report. The S&P/TSX Capped Diversified Metals & Mining Index...