Productivity, cost concerns weigh on Chile’s miners
Productivity concerns, high costs and unmet landowner expectations are some of the problems foreign mining companies face in Chile — a country responsible for a…
Financial Matters, M&A
Commentary: How a board should craft executive pay in a rebounding market
Determining executive compensation can be tough enough for a mining company to get right in a normal year, but unique challenges arise as the mining…
Canada’s territories on diverging GDP paths: Conference Board of Canada
It’s tough enough to have an economy dependent on commodity cycles, but doubly so in the small economies of Canada’s three territories, where the opening…
New Gold redesigns tailings facility, raises capex
With tailings dam disasters at Imperial Metals’ Mount Polley mine in B.C., and the Samarco mine jointly owned by BHP Billiton and Vale in Brazil,…
PotashCorp, Agrium in merger talks amid weak fertilizer markets
VANCOUVER — Fertilizer giants Potash Corporation of Saskatchewan (TSX: POT; NYSE: POT) and Agrium (TSX: AGU; NYSE: AGU) are reportedly contemplating a potentially game-changing merger. On…
Gowest Gold advances Bradshaw deposit in Timmins
Gowest Gold (TSXV: GWA) is stepping closer to developing the next gold mine in Ontario’s Timmins gold camp, within the Abitibi greenstone belt. The belt…
BHP tables US$6.4B loss in worst-ever year
VANCOUVER — BHP Billiton (NYSE: BHP) has posted the worst annual financial results since its inception in 2001, but CEO Andrew Mackenzie now says the “free…
Excellon swings back into profit as costs fall
Excellon Resources (TSX: EXN) is back in the black, after more than two years of losses. The operator of the high-grade Platosa silver-lead-zinc mine in…
Tahoe’s Q2 earnings beat expectations
Tahoe Resources (TSX: THO; NYSE: TAHO) shares rose nearly 6% on the back of solid second-quarter earnings, leaving investors and analysts cheering. The Reno, Nev.-based…
Editorial: Gold gains appeal in UK as interest rates hit 322-year low
One of the features of the gold bull run from 2001 to 2011 was the divergence in enthusiasm for gold on either side of the…
Editorial: Komatsu scooping up Joy Global for US$2.9B
Just in time to create even more excitement at the massive, once-every-four-years MINExpo International convention in Las Vegas in September, Tokyo-based manufacturing giant Komatsu has…
TSX Venture posts gains, July 18-22
The S&P/TSX Venture Composite Index edged up 3.61 points, or 0.5%, to a 769.97-point close. Spot gold prices declined for the second week in a…