The S&P/TSX Venture Composite Index dropped 3.3% — or 32.05 points during the period — with falling precious metal prices and a weaker Canadian dollar weighing on the market. Upbeat signs from the U.S. provided a late boost…
Canadians trying to make sense of what’s going on in the upper echelons of the newly merged Glencore Xstrata are getting a feel of what it must have been like to be an ancient Greek peasant looking up at his distant panoply of…
It’s not just companies mining metals that are tightening their belts and concentrating on capital allocation discipline.
Goldcorp (G-T, GG-N) may have surpassed its long-time rival Barrick Gold (ABX-T, ABX-N) in terms of market capitalization, but that doesn’t mean the company has been insulated from the same bear market that has felled other…
VANCOUVER — Despite recent uncertainty surrounding production in Canada’s oil sands — due to issues like volatile crude prices and ongoing pipeline debates — growth remains the word for supply-oriented companies in the…
VANCOUVER — With a new name and a new prefeasibility study for its flagship gold project in Ghana, Asanko Gold (AKG-T, AKG-N) is pushing towards production.
VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising…
There are an estimated 170 billion barrels of oil in Alberta’s oilsands, but getting them all out is proving to be a costly venture. As with the metal mining industry, mining for oil has been subjected to steep cost inflation over the…
Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study.
Germany-based fertilizer giant K+S AG (SDF-F) has signed a co-operation agreement with Sasakawa Africa Association in an effort to help farmers in Uganda.
VANCOUVER – The merged Glencore Xstrata PLC (GLEN-L) was supposed to bear a board with directors from both predecessor companies, part of the attempt to portray the deal as a merger of equals instead of a takeover of Xstrata.
Canadian Natural Resources (CNQ-T) is moving along with its staged expansion at its prized Horizon oilsands project near Fort McMurray, Alberta, to boost the current production capacity to 250,000 barrels.
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