Coeur’s revamp
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.
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Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, May 7, 2013 Precious MetalsPrice…
TSX Venture Exchange, May 6-10
The S&P/TSX Venture Composite Index treaded water during the trading period despite a rally across North American stock markets. The Venture gained 0.2%, or 2.05 points, en route to a 966.73-point close, as commodity prices stayed soft and…
Allied Nevada ponders scale-back
Allied Nevada Gold (ANV-T, ANV-N) is considering a more modest proposal for expanding its Hycroft mill in Nevada, and that has dismayed the markets.
Kinross’ $2.7B expansion plan at Tasiast raises more questions
VANCOUVER — Kinross Gold (K-T, KGC-N) has endured plenty of criticism since acquiring Red Back Mining and its Tasiast gold project for a hefty US$7.1 billion three years ago. And the company provided markets with more questions than…
South Africa searches for balance in mineral development
VANCOUVER — It has been a tumultuous year for the mining industry in South Africa, as volatile platinum markets and socio-political turmoil raise questions about how the nation’s government can develop its rich mineral reserves…
Confederation gets to know Newman Todd
VANCOUVER — Two years into exploring the Newman Todd gold project in Ontario’s Red Lake district, Confederation Minerals (CFM-V) has a handle on how to hit the project’s gold-bearing carbonate zones. The result is a high…
Golden Star gets grade at depth
Golden Star Resources (GSC-T, GSS-N) has released impressive drill results from its Wassa gold mine in Ghana, but the economic implications of the mineralization are still unclear.
Editorial: BC Liberal win leaves miners absolutely ecstatic
The B.C. mining community’s heartbreak over the early exit of the Vancouver Canucks from the Stanley Cup playoffs (so fast, fans didn’t even have time to loot the downtown core) has been soothed by the surprise majority win of the…
Lundin on track despite first-quarter zinc setback
VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km…
Kinross improves with a strong first quarter
VANCOUVER — Things are looking up for Kinross Gold (K-T, KGC-N) — financially, at least. The company delivered strong results for its third straight quarter, with profits jumping 50% year-on-year alongside rising production and…
Centamin comments on advisory report ahead of appeal hearing
Centamin (CEE-T, CEY-L) fell 18% after it updated the market on its legal troubles surrounding its Sukari gold mine in Egypt’s Eastern Desert.