The recent acquisition of De Beers’ Brazilian assets has netted Black Swan Resources (BSW-T) not only the small Canastra-1 diamond-bearing kimberlite pipe but an extensive portfolio of mineral licence…
Two of the smaller but richer companies in the gold business, Iamgold (IMG-T) and Repadre Capital (RPD-T), have announced plans to merge in an all-share transaction that would see Repadre shares trade…
Kinross Gold’s (K-T) 54.7%-owned Russian subsidiary, Omolon Gold Mining, has inked a deal with the Magadan administration and most of its Russian shareholders that will ensure the full payment of loan…
Vancouver — With production back to normal at the Sao Bento mine in Brazil, Eldorado Gold (ELD-T) managed to turn a solid profit in the third quarter.Earnings for the period totalled US$2 million (or…
Southern Star Resources is a wholly owned subsidiary of Colorado-based Golden Star Resources (GSC-T). Shares of publicly listed Southern Star Resources (YSO-V) trade on the Toronto Stock Exchange with…
Ongoing drilling by NovaGold Resources (NRI-T) at the Donlin Creek gold deposit in Alaska has cut high-grade gold mineralization within the modeled confines of the Acma pit.Initial results from the st…
Precious MetalsPrice (US$/oz.)ChangeGold$317.15+$3.75Silver$ 4.48+$0.07Platinum$590.00+$…
DateOct. 29Oct. 28Oct. 25Oct. 24Oct. 23HighLowTSX Composite6294.816419.376405.876336.86…
After dropping from US$40 to US$30 in the previous week, the shares of cobalt refiner OM Group collapsed further during the report period, falling 71% on Oct. 29 to US$8.95 and closing at US$7.49 on t…
Palladium producer Stillwater Mining (SWC-N) has endured another disappointing quarter, pocketing less than US$5 million in the three months ended Sept. 30.The US11-per-share profit comes on revenue …
A study recently presented to the Department of Industry concludes that the energy industry is finding it difficult to raise investment capital, and that there is some danger the industry will cut bac…
Noranda (NRD-T) intends to cut staff at its CCR refinery in Montreal by about 15%, citing revenue losses caused by striking workers at its Horne copper smelter in Rouyn-Noranda, Que.The smelter normal…
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