Asia

Centerra CEO talks Kumtor, growth opportunities

Source: Daily News | 2014-07-30
VANCOUVER — Producer Centerra Gold's (TSX: CG; US-OTC: CAGDF) wholly-owned Kumtor gold mine in the Kyrgyz Republic — roughly 350 km due southwest of the capital of Bishkek — continues to be an ample cash generator, and...

Newmont to invest US$1B in Suriname as cost-cutting efforts pay off

Source: Daily News | 2014-07-30
After spending the past year selling off assets and slashing costs, Newmont Mining (NYSE: NEM) is moving forward with its Merian gold project in Suriname, with plans to invest up to $1 billion to build its first mine in the South American...

Indonesia threatens Newmont's licence for Batu Hijau  

Source: Print Archives | 2014-07-30
VANCOUVER — The Indonesian government is threatening to terminate the Batu Hijau copper–gold mine contract if owner Newmont Mining (TSX: NMC; NYSE: NEM) does not withdraw a legal challenge to the country’s new export taxes.

PotashCorp ups 2014 earnings forecast on strong Q2 results

Source: Daily News | 2014-07-25
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year following a better than expected second-quarter profit of US$472 million.

TSX gains despite geopolitical woes, July 14-18  

Source: Print Archives | 2014-07-23
The S&P/TSX Composite Index ended the week in positive territory, advancing 141.07 points to 15,266.57, as investors shrugged off war in the Middle East and Ukraine, and focused on corporate earnings. The S&P/TSX Capped Diversified...

Barrick finds Saudi partner for stalled Jabal Sayid project 

Source: Print Archives | 2014-07-23
VANCOUVER — Saudi Arabian Mining Co. is buying a 50% stake in the Jabal Sayid copper project from Barrick Gold (TSX: ABX; NYSE: ABX) for US$210 million.

Kaizen Discovery to meet Japanese demand for metals 

Source: Print Archives | 2014-07-09
After first listing in December, it’s no surprise that junior Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has started out with a strong sense of purpose. After all, Kaizen means “continuous improvement” in Japanese.

TSX hits record high, June 16-20  

Source: Print Archives | 2014-06-25
Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.

TSX surges, June 2-6  

Source: Print Archives | 2014-06-11
The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs...

RTG Mining has big plans in the Philippines 

Source: Print Archives | 2014-05-28
The former management team of CGA Mining, which redeveloped and opened the Masbate gold mine in the Philippines and then merged last year with B2 Gold (TSX: BTO; NYSE-MKT: BTG) in a deal worth US$1.1 billion, is hoping to repeat some of that...

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