Thompson Creek Metals (TCM-T, TC-N) is a go-to name in the molybdenum space, largely thanks to its namesake mine, which is the fourth-largest moly mine in the world.Read More →
VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.Read More →
VANCOUVER — Vancouver-based TrueGold Mining (TGM-C) has received a capital shot in the arm and a vote of confidence from Teck Resources (TCK-T, TCK-N) in the form of a $10-million non-brokered private placement that sees Teck take...Read More →
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.Read More →
The recently merged Glencore Xstrata (GLEN-L) plans to have a leaner corporate structure, but its first resource estimate shows it will still be hefty in terms of minerals in the ground. And while the new company will be mostly guided...Read More →
The B.C. mining community’s heartbreak over the early exit of the Vancouver Canucks from the Stanley Cup playoffs (so fast, fans didn’t even have time to loot the downtown core) has been soothed by the surprise majority win of the...Read More →
VANCOUVER — It has been a tumultuous year for the mining industry in South Africa, as volatile platinum markets and socio-political turmoil raise questions about how the nation’s government can develop its rich mineral reserves...Read More →
VANCOUVER — After putting four years and $3.7 billion into developing a massive gold mine that is expected to produce 1 million oz. gold annually during the first five years of its 25-year lifespan, it’s little surprise that the...Read More →
Centamin (CEE-T, CEY-L) fell 18% after it updated the market on its legal troubles surrounding its Sukari gold mine in Egypt’s Eastern Desert.Read More →
The equity bull run was back on for the period, as the S&P/TSX Composite Index rose 109 points to 12,589.09.Read More →
The S&P/TSX Venture Composite Index treaded water during the trading period despite a rally across North American stock markets. The Venture gained 0.2%, or 2.05 points, en route to a 966.73-point close, as commodity prices stayed soft and...Read More →
U.S. stocks performed well during the trading session, marking three weeks of gains.Read More →
Spot prices
Courtesy of Scotiabank
Tuesday, May 7, 2013
Precious Metals
Price...Read More →
VANCOUVER — Two years into exploring the Newman Todd gold project in Ontario’s Red Lake district, Confederation Minerals (CFM-V) has a handle on how to hit the project’s gold-bearing carbonate zones. The result is a high...Read More →
VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km...Read More →
VANCOUVER — Kinross Gold (K-T, KGC-N) has endured plenty of criticism since acquiring Red Back Mining and its Tasiast gold project for a hefty US$7.1 billion three years ago. And the company provided markets with more questions than...Read More →
VANCOUVER — Things are looking up for Kinross Gold (K-T, KGC-N) — financially, at least. The company delivered strong results for its third straight quarter, with profits jumping 50% year-on-year alongside rising production and...Read More →
Allied Nevada Gold (ANV-T, ANV-N) is considering a more modest proposal for expanding its Hycroft mill in Nevada, and that has dismayed the markets.Read More →
Shares of Belo Sun Mining (BSX-T) fell after the company released a prefeasibility study on its 100%-owned Volta Grande gold project in Para State, Brazil, after markets closed on May 6.Read More →
VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.Read More →
Golden Star Resources (GSC-T, GSS-N) has released impressive drill results from its Wassa gold mine in Ghana, but the economic implications of the mineralization are still unclear.Read More →
VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.
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