United States

Freeport rallies following defensive cost-cutting spree

Source: Daily News | 2015-08-27
VANCOUVER — Shares of U.S. copper giant Freeport-McMoRan (NYSE: FCX) were on the rise following the announcement of additional business-wide spending cuts it labeled an “aggressive response” to uncertain market conditions.

Odds 'n' Sods: Gold in Union County, South Carolina 

Source: Print Archives | 2015-08-26
Early in 1979 I had been transferred by Newmont Mining from Western Australia where I had been working as the exploration manager, to take up a newly created role as exploration manager for the eastern United States.

US stocks fall, Aug.17-21 

Source: Print Archives | 2015-08-26
U.S. equities tumbled as investors took in new data signaling a slowdown in China and a report that showed an unexpected rise in U.S. crude stockpiles, fuelling concerns of a global oil surplus. The S&P 500 Index and the Dow Jones...

Stillwater retrenches in hopes of PGM recovery 

Source: Print Archives | 2015-08-26
VANCOUVER — Denver-based Stillwater Mining (TSX: SCW.U; NYSE: SWC) has made tough decisions in response to falling platinum group metal (PGM) prices, including layoffs and a focus on cost control that will hopefully better...

Klondex blazes ahead, undeterred by low gold prices 

Source: Print Archives | 2015-08-19
Klondex Mines (TSX: KDX; US-OTC: KLNDF) has been a stellar performer despite the current bear market for gold stocks, with its share price steadily on the rise since the end of 2012.

Ex-gold explorer dives into Select Sands  

Source: Print Archives | 2015-08-19
Select Sands’ (TSXV: SNS; OTC: CLICF) president and CEO Rasool Mohammad has chosen silica “frac” sand over gold, and hopes his bet will pay off with success at the junior’s frac sand Sandtown property in Arkansas, where...

Patriot Gold offers 'arbitrage opportunity' 

Source: Print Archives | 2015-08-19
With depressed commodity prices and shrinking valuations, sometimes it’s arbitrage opportunities that offer some of the more compelling investment opportunities.

Barrick 'all but assured' to meet debt target, Canaccord says 

Source: Print Archives | 2015-08-12
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) appears on track to achieve a US$3-billion debt reduction target this year after a few key asset sales, a streaming agreement and a commitment to cutting capital spending across the...

Ur-Energy churns out a profit, defying weak uranium market 

Source: Print Archives | 2015-08-12
Ur-Energy (TSX: URE; NYSE-MKT: URG) produced its first net profit during the quarter ended June 2015 at its Lost Creek in-situ recovery (ISR) uranium facility in Wyoming, after bringing the mine online in August 2013. 

US stocks retreat, Aug.3-7 

Source: Print Archives | 2015-08-12
Major U.S. indexes tumbled in August after a decent jobs report suggested the Federal Reserve would hike interest rates as soon as next month. The S&P 500 Index fell 1.3% to 2,077.57, while the Dow Jones Industrial Average lost 1.8% to...