Metals Commentary: Gold: Has The Recovery Begun?
Vancouver– The yellow metal might have underperformed over the last few months, but recent price increases have prompted analysts to predict at least a short-term rally for gold, whether or not major…
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Global Financial Crisis Sends Deal Value Down
The value of mergers and acquisitions in the metals industry this year will fall far short of last year’s total and the outlook for the first half of 2009 doesn’t look very promising, PricewaterhouseC…
Diamonds In For A Rough Ride, But Future’s Still Brilliant
Saskatoon, Sask. — As diamond producers and explorers alike consider the global financial situation, they know they are in for a rough ride. However, even before the financial crisis hit, most in the…
On The Greenback, Gold And Global Growth
Global economic growth will be weak next year and commodity prices will remain under severe pressure. The consensus among many in the mining industry seems to be that metal prices won’t recover until …
Uranium Price Will Rebound: Analysts
Despite the negative outlook for many other commodities, many analysts now forecast that uranium prices will go up in the medium-to longterm due to strong fundamentals: expanding demand from more reac…
Agnico Bewitched By Kittila
SITE VISIT Kittila, Finland — Finnish legend tells of a powerful witch named Paivio who lived in far northern Finland with the primeval Finnish shamans,…
Denison Slides On Midwest Deferral
Vancouver — Investors drove Denison Mines’ (DML-T, DNN-x) share price down 24% after the company announced plans to shut down the Tony M uranium mine in Utah and shelve development plans for the Midw…
Second Time’s The Charm At Boyongan
Vancouver–The Boyongan copper- gold project’s second prefeasibility study this year has come to a different conclusion than the first.
Choice Spot, Tough Decision For Geologix
SITE VISIT Durango, Mexico — Geologix Explorations (GIX-T, GXEXF-o) is positioned on top of what could be Mexico’s next great polymetallic mine. Just an 85-km…
BHP Backs In On Peregrine’s Chidliak
BHP Billiton (BHP-N, BLT-l), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest Territories, seems to think Peregrine Diamonds’ (PGD-t) Chidliak project, on southern…
Vaaldiam Looks To ‘Stop The Bleeding’
Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…
Reed Lake Drilling Paying Off For VMS Ventures
Vancouver — The Reed Lake discovery continues to return solid copper-zinc-silver-gold intersections for VMS Ventures (VMS-V, VMSTF-O).