Volume 99 Number 13 May 13 - 19, 2013

Healthy operating cash flow in Q1, Barrick says

Barrick Gold (ABX-T, ABX-N) has reported operating cash flow in the first quarter of 2013 at US$1.1 billion, down from US$1.4 billion in the first quarter of 2012, while net earnings totalled US$847 million, or US85¢ per share, down from…

Processing facilities at Yamana's Chapada open pit gold-copper mine, located in Brazil. Credit: Yamana Gold.

Yamana’s Q1 profits plunge as costs rise

Despite producing more gold than a year ago, Toronto-based Yamana Gold (YRI-T, AUY-N) wasn’t able to buck the trend of miners posting shrinking first-quarter profits amidst dipping metal prices. Profit for the first quarter of…

Cartoon by JK.

Editorial: Be there at 7 and bring a six-pack

Do you have a friend who’s so consistently late that you and your buddies always tell him to show up an hour before the real time he’s supposed to be there? Or a friend at parties who always ends up drinking more than he brings, so…

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