United States

US stocks rise, Nov. 13-19

Source: Daily News | 2015-11-23
U.S. equities gained after the Federal Reserve signaled a possible December rate hike at its last policy meeting, suggesting the U.S. economy is strengthening. The Dow Jones Industrial Average rose 1.6% to finish the Nov. 13-19 trading period...

Scorpio CEO: 'If you've got cash, now is the time to drill'

Source: Daily News | 2015-11-19
Scorpio Gold Corp.’s (TSXV: SGN) Mineral Ridge asset in Nevada is not only returning high-grade intercepts from various satellite deposits and other targets drilled on the property, but its open-pit gold mining operation is on track to...

Barrick pioneers cyanide-free processing at Goldstrike

Source: Daily News | 2015-11-18
Barrick Gold (TSX: ABX; NYSE: ABX) hit a major milestone late last year, after it poured its first cyanide-free gold bar at its Goldstrike operations in Nevada using nothing other than a common potato fertilizer.

Aluminum cuts deepest for facilities in US  

Source: Print Archives | 2015-11-18
Alcoa (NYSE: AA) is idling three of its four U.S. aluminum smelters, taking out annual capacity of 500,000 tonnes of aluminum and 1.2 million tonnes of alumina to curb costs, amid low prices.

TSX hit by low commodity prices, Nov. 6-12 

Source: Print Archives | 2015-11-18
Canada’s benchmark index posted a triple-digit loss on the back of lower crude and metal prices. The S&P/TSX Composite Index fell 3%, or 431.6 points to 13,127.18 — its lowest level in over six weeks. The S&P/TSX Capped...

Kinross's scaled-down expansion plan at Tasiast 

Source: Print Archives | 2015-11-18
Kinross Gold (TSX: K; NYSE: KGC) is working on a two-phase, alternative expansion plan at its Tasiast gold mine in Mauritania to turn the asset into a profitable operation.

Gold Standard Ventures makes oxide discovery 

Source: Print Archives | 2015-11-18
Geologists at Gold Standard Ventures (TSXV: GSV; NYSE-MKT: GSV) could be on the brink of another major discovery in the Carlin trend.

Kinross, Waterton scoop up Nevada properties from Barrick  

Source: Print Archives | 2015-11-18
Kinross Gold (TSX: K; NYSE: KGC) and private-equity firm Waterton Global Resource Management are the latest bargain hunters to find something they like at Barrick Gold’s (TSX: ABX; NYSE: ABX) year-long sale emporium. On Nov. 12 Barrick...

Cliffs closes Northshore operation amid weak iron ore demand

Source: Daily News | 2015-11-17
Cliffs Natural Resources (NYSE: CLF), the largest U.S.-based iron ore producer, said it was temporarily closing its Northshore Mining operation in Minnesota by Dec. 1, to reduce its record high inventory levels amid weaker iron ore demand...

Miners embrace automation to increase productivity

Source: Daily News | 2015-11-16
Leaders in the mining industry are starting to recognize that automation is part of the answer to the sector’s productivity problems, says Michael Murphy, chief engineer, mining technology enabled solutions with leading mining sector...