PotashCorp’s Q4 earnings fall 46%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth-quarter 2013 earnings and a weaker-than-expected 2014 guidance, as tough market conditions linger for crop nutrients.
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Newmont sees rough road this year
Newmont Mining (TSX: NMC; NYSE: NEM) had a good year in 2013, but it’s bracing for challenges ahead.
Forum Uranium hopes 2014 will be a breakout year
For a pint-sized explorer and developer with a market capitalization of $11 million and $4 million in cash, Forum Uranium (TSXV: FDC; TSX: FDCFF) has grand plans for its projects in Saskatchewan and Nunavut. But then the company also has some…
Correction
The item “2014 PDAC Awards” on page B20 of the PDAC preconvention supplement (T.N.M., Jan. 20–26/14 and Jan. 20–Feb. 2/14) included two spelling errors in the identification of the Skookum Jim Award winner: Jim MacLeod,…
Coal is still king in China
VANCOUVER — Shaanxi Coal Industry is preparing for its initial public offering (IPO) and expects to raise $1.6 billion by selling shares representing just 10% of the company. It’s a good reminder that coal is still big business in…
Nevsun meets its 2013 copper guidance at Bisha
The recent switch from producing gold to copper from Nevsun Resources’ (TSX: NSU; NYSE-MKT: NSU) Bisha mine in Eritrea has gone well for the East Africa-focused miner, which reached the top end of its 2013 copper-production guidance.
Endeavour Silver hits all the right notes in 2013
VANCOUVER — An impressive fourth quarter capped off a strong year for mid-tier producer Endeavour Silver (TSX: EDR; NYSE: EXK) at its trio of Mexican silver mines. The company announced on Jan. 9 that its fourth-quarter production…
Milestones ahead for Kennady Diamonds in NWT
Kennady Diamonds (TSXV: KDI; US-OTC: KDIAF) — whose share price soared 277% to $5.24 per share in 2013 — is among 16 junior companies Haywood Securities believes offer short-term investment opportunity with strong management teams,…
Coeur’s 2014 production guidance causes concern
Coeur Mining (TSX: CDM; NYSE: CDE) has missed its 2013 silver production guidance, but delivered more gold than expected, helping it meet its silver-equivalent target. But some analysts are grumbling over the company’s…
New Gold nears decision day at Rainy River
VANCOUVER — It’s been a busy six months for producer New Gold (TSE: NGD; NYSE-MKT: NGD), with a pair of economic studies providing some insight on where the company may develop its next gold mine.
Kombat Copper hopes to restart copper mine in Namibia
Bill Nielsen appreciates just how lucky he was to discover a large, high-grade volcanogenic massive sulphide (VMS) deposit in the middle of the Eritrean desert, 150 km west of the country’s capital of Asmara.
Paladin sells 25% of Langer Heinrich
Paladin Energy (TSX: PDN) is following through on a vow to reduce its stake in its Langer Heinrich uranium mine in Namibia.