The S&P/TSX Venture Composite Index dropped 1.2%, or 166 points, to 576.6. Base metals declined across the board after a U.S. employment report showed recovery in the U.S. labour market that could lead to higher interest rates from the U.S….
Worldwide, Western Australia could be considered ground zero for fly-in, fly-out (FIFO) mining operations, with thousands of mining personnel daily making the air commute from home in pleasant cities like Perth to work for long stretches at…
VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) is a favoured mid-tier gold producer amongst analysts, and it isn’t hard to see why after a strong second quarter, marked by competitive operating costs and signs of…
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…
Randgold Resources (NASDAQ: GOLD) is stepping up its exploration in Côte d’Ivoire.
Short positions outstanding at July 31/15 (with changes from July 15/15).
VANCOUVER — Steven Dean, chairman and CEO of Atlantic Gold (TSXV: AGB) says it took the company three years of “wading through the rubble of the gold sector” before it stumbled upon the Moose River gold project, 85 km…
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is nearing producer status at the South Arturo mine in Nevada that it jointly owns with Barrick Gold (TSX: ABX; NYSE: ABX), and Ewan Downie, the junior’s president and CEO, forecasts the mine…
It’s not every day a company in the mining sector say its project can deliver an internal rate of return (IRR) of more than 300%. But that’s what Gemfields (LSE: GEM) expects of its majority-owned Montepuez ruby deposit in…
In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 has been “to take advantage…
OceanaGold (TSX: OGC; ASX: OGC) is offering to buy Romarco Minerals (TSX: R) in a friendly all-share, $856-million deal to secure low-cost growth in the form of the junior’s Haile gold mine, which is under construction in South Carolina.
Despite poor economic data and lower oil prices, the S&P/TSX Composite Index rose nearly 2% to finish July at 14,468.44. The S&P/TSX Global Mining Index climbed 1.1% to 53.17, while the S&P/TSX Capped Diversified Metals & Mining…
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