Moody’s cuts Goldcorp’s credit rating
Moody’s Investors Service has downgraded Goldcorp’s (TSX: G; NYSE: GG) senior unsecured ratings one notch above junk status, while confirming its ratings for Barrick Gold (TSX: ABX; NYSE: ABX), AngloGold…
Copper
TSX rises on strong mining stocks, Feb. 29-March 4
A smaller-than-expected Canadian trade deficit in January (exports reached $46 billion and export volumes were up 3.6% month-on-month), stronger-than-expected U.S. jobs data and higher commodity prices (U.S. crude rose nearly…
Lundin Mining takes a US$262M shot at Freeport’s stake in Cukaru Peki
VANCOUVER — Mid-tier base metals producer Lundin Mining (TSX: LUN; US-OTC: LUNMF) has been hungry for copper over the past two years, and it hopes to be picking up a future copper…
Letter to the editor: In-situ copper leaching is a proven technology
It was recently reported in the Financial Post that in-situ leaching of copper is an “unproven technology”. But after personally spending five years working at the in-situ copper leaching operation…
The Northern Miner podcast – episode 1: Gold spike
Lesley Stokes and Matt Keevil kick off their inaugural recording session from our studio in Vancouver. Topics include the recent spike in gold prices, the lithium boom in Nevada’s Clayton…
Nevsun sees bright future at Bisha
It’s a transformative year for Nevsun Resources (TSX: NSU; NYSE-MKT: NSU), as the company and its 40% joint-venture partner, Eritrean National Mining, remain on schedule and under budget to complete…
Taseko’s proxy battle with Raging River heats up
VANCOUVER — Taseko Mines (TSX: TKO; NYSE-MKT: TGB) is in the midst of a proxy battle with upstart activist shareholder group Raging River Capital, which has led to a flurry of…
US stocks soar, Feb. 15-19
The S&P 500 Index and the Dow Jones Industrial Average posted their best performances since November. The S&P 500 rose 2.8% to 1,917.78, and the Dow advanced 2.6% to 16,391.99. The Nasdaq climbed 3.8% to 4,504.43, in its largest weekly…
Excelsior updates Gunnison prefeasibility
A staged production approach at Excelsior Mining’s (TSXV: MIN; US-OTC: EXMGF) Gunnison copper project in southeastern Arizona would slash upfront capital costs and lower financing risk, while delivering a post-tax internal rate of return…
Strong greenback hits US producers
Noranda Aluminum Holding Corp.’s (US-OTC: NORN) Chapter 11 filing this week underscores the challenges facing the industry south of the border.
Thornton’s Barrick looks leaner
Barrick Gold (TSX: ABX; NYSE: ABX) is benefitting from going back to the basics, under the direction of chair John Thornton.
TSX posts 3.5% gain, Feb. 15-19
Canadian stocks fell on Feb. 19, snapping four days of gains, as crude oil fell below US$30 per barrel in New York. However, the S&P/TSX Composite Index posted a 3.5% weekly gain to close at 12,813.40. The S&P/TSX Global Mining Index…