Teck’s Q1 profit beats expectations
Teck Resources (TSX: TCK.B; NYSE: TCK) tallied a higher-than-expected quarterly profit, as it mitigated lower commodity prices with deep cost cuts. Adjusted first-quarter profit came in at $18 million, or 3¢…
Copper
TSX Venture hits nine-month high, April 18-22
The S&P/TSX Venture Composite Index broke a nine-month high over the trading period, gaining 22.34 points, or 3.5%, to a 656.18-point close, lifted by optimism over demand for industrial metals…
Nevsun trumps Lundin bid for Reservoir
VANCOUVER — There had been ample speculation on when Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) would mobilize its substantial capital position in the mergers and acquisitions arena, and on April 24,…
US markets inch higher, April 18-22
It was a relatively quiet week on the U.S. economic front. The Dow Jones Industrial Average finished at 18,003.75, a 0.6% gain, while the S&P 500 Index advanced 0.5% to…
The Northern Miner podcast – episode 9: The Far North (and far out) edition
Lesley and Matt dig into the Far North feature with discussion on Seabridge Gold (TSX: SEA; NYSE: SA) and Colorado Resources’ (TSXV: CXO) recent moves in British Columbia’s Golden Triangle….
Newmont has profitable Q1, updates Batu Hijau’s status
VANCOUVER — Newmont Mining (NYSE: NEM) has tabled a first quarter highlighted by adjusted earnings of US34¢ per share and free cash flow of US$227 million. First-quarter earnings came in at US$182…
Brazil Resources completes maiden resource on Island Mountain
Brazil Resources (TSXV: BRI; US-OTC: BRIZF) hasn’t wasted any time since acquiring the Whistler project last year from prospect generator Kiska Metals Corp. (TSXV: KSK) in an all-share deal worth…
US equities climb, April 11–15
The Dow Jones Industrial Average registered a 1.8% gain to close at 17,897.46, in its best week since March 18. The S&P 500 Index rose 1.6% to finish at 2,080.73,…
The Northern Miner podcast – episode 8: Exploration spotlight and proxy battle supreme
Lesley Stokes returns from Kamloops Exploration Group’s conference (KEG) with plenty of updates on B.C. exploration. Meanwhile, discussion on the showdown between Eastmain Resources (TSX: ER; US-OTC: EANRF) and Columbus Gold…
Asiamet defines BKM in Indonesia
Asiamet Resources (TSXV: ARS) hasn’t let changes to Indonesia’s mining law in 2014 impact its vision for an open-pit, heap-leachable copper mine at its Beruang Kanan Main (BKM) deposit, 180…
Copper market to flatline through 2017: ICSG
The following is an edited summary released by the International Copper Study Group (ICSG), which met in Lisbon in March. The group includes delegates and advisors from the world’s major…
Editorial: What happened to the copper rally?
With Cesco Week’s World Copper Summit — the world’s largest annual gathering of copper miners and traders — coming to a close on April 3 in Santiago, Chile, attendees have…