Detour Gold’s (TSX: DGC; US-OTC: DRGDF) CEO and founder Gerald Panneton has resigned without the company providing an explanation for his sudden departure, sending shares spiralling amid speculation that it may need more funds to ramp up…
In an attempt to generate a higher margin, less volatile free cash flow and diversify its metal exposure and future avenues for growth, Coeur Mining (TSX: CDM; NYSE: CDE) is acquiring privately held Global Royalty Corp., which has interests in…
Yellowhead Mining (TSX: YMI; TSXV: YMI) has announced an $8-million convertible debt financing with Calgary-based private firm Matco Investments to continue working on its flagship Harper Creek copper–gold–silver project in southern…
At a time when investors are getting more bullish about nickel prices BHP Billiton (NYSE: BHP; LON: BLT; ASX: BHP) has decided to close one of its key nickel mines in Australia.
Privately held Trafigura Beheer B.V. surprised investors by offering a peek into its books.
VANCOUVER — Struggling copper producer Mercator Minerals (TSX: ML) has reportedly been on the market since late September, and the company found a suitor in Intergeo MMC — a Russian-based resource company controlled by…
Difficult markets put Joy Global Inc’s (NYSE: JOY) order book under stress in the fiscal fourth quarter, sending the company’s net income from continuing operations plunging 87% to US$26.8 million, or 25¢ per share, down from…
Spot pricesCourtesy of ScotiabankTuesday, December 10, 2013 Precious MetalsPrice…
Negative sentiment regarding gold and fears over the U.S. Federal Reserve Board “tapering” its QE3 stimulus program have pushed the gold price down to US$1,241 per oz. at press time from close to US$1,700 at the start of the year.
The mining community in Canada probably has more connections to South Africa than any other group in the country, and so the death of Nelson Mandela on Dec. 5 provided many miners here with time to reflect on the man’s leadership, as well…
The S&P/TSX Venture Composite Index lost 2%, or 18.24 points, during the week before closing at 916.65. Markets finished in the red despite rising energy and metals futures, with promising jobs data out of Canada and the U.S. fuelling…
The S&P/TSX Composite Index fell 113 points to 13,280.72 for the period, despite positive news from Canada’s neighbour to the south.
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