Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation,…
Agnico Eagle
Explorers on high alert as challenging wildfire season rages
Canada’s most destructive wildfire season is ongoing. While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons….
Canadian gold miners post strong Q2 performance
A number of gold companies released record operating and financial results after Wednesday’s market close. Agnico-Eagle, Alamos Gold, New Gold, Perseus Mining, and Westgold Resources…
CMS 2022: Agnico Eagle banks on Canadian production upside
The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and…
Ottawa forces Chinese divestments in critical minerals companies
The federal government has been getting tough with some Chinese companies, forcing some foreign owners of Canadian critical mineral projects to divest their holdings in…
Federal government stiffens guidelines on foreign involvement in Canada’s critical mineral sectors
The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada’s critical minerals sectors. In…
U.S. markets fall during May 16-20 trading week
The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7%…
New Agnico Eagle positioned for growth, says chairman Sean Boyd
A little more than two weeks following the closure of the $10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake…
Agnico Eagle-Kirkland Lake merger gets a second proxy advisory thumbs-up
The proposed ‘merger of equals’ between Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) have received…
US markets down, June 25-29
Gold fell 1.3% to close at US$1,252.4, as threats of a trade war with China continue to loom over the United States. The Philadelphia Gold…
Cartier Resources cuts more high grade at Chimo
During the most recent market downturn, when many of his peers were running for cover and trying to preserve cash, French Canadian geologist Philippe Cloutier…
Pretium raises Brucejack’s capital costs, accelerates commissioning
Pretium Resources (TSX: PVG; NYSE: PVG) has upped the estimate of the amount of money it will need to finish building its Brucejack mine in…