Tasiast purchase weighs down Kinross
Kinross Gold (K-T, KGC-N) will have to take the bad with the good.
News
Oyu Tolgoi’s feasibility study delayed
Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market with good and bad news about its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert.
San Gold sinks on higher costs, lower guidance
San Gold (SGR-T) shares tumbled 42% over three trading days after the gold miner missed market expectations with its 2012 production results, three-year guidance and updated reserve-and-resource estimate, all published on Feb. 8.
Commentary: Capital cost overruns, part III: Where are the owners in all this?
Mining has always been a very risky but high reward industry. But times have certainly changed to today, when shareholders tend to ignore the high risks and expect grandiose success regardless. But, despite the risk that won’t go away,…
Dividend cut and losses hurt Cliffs
Investors were beating up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Antofagasta Gold confirms more gold in Chile
Antofagasta Gold (AN-V), which changed its name from Windamere Ventures this week, says initial drilling at its Capricornio property in Chile confirms it has made a new, regional scale, low-sulphidation epithermal gold discovery.
Inmet boosts copper reserves as First Quantum bid looms
VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper…
Oyu Tolgoi’s feasibility study gets delayed
Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market on its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert with a mix of potentially good and bad news.
Kinross results weighed down by Tasiast write-down
Kinross Gold (K-T, KGC-N) will have to take the bad with the good.
Barrick takes US$3.8B hit on Lumwana copper mine
VANCOUVER – Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-X) hoped it would be.
Florence prefeasibility lifts Curis to 52-week high
VANCOUVER – Curis Resources (CUV-T) managed to buck two of the mining sector’s most persistent problems – creeping capital costs and rising operating expenses – with a prefeasibility study for its Florence copper project in…
Getting it right at Comstock
Struggling with broken balance sheets and non-progressive management philosophies is part of his DNA, Corrado DeGasperis says.