News

Platinum prices have tumbled from last year’s high of US$2,301 per oz. to about US$1,160 per oz. at the end of July, but Bank of America Merrill Lynch forecasts that fundamentals for the metal are lik…

Growing optimism about China’s demand for cars, property and power grid construction coupled with a weaker U. S. dollar is driving up the price of aluminum, according to Standard Chartered Bank.

The intensification of the strike by many of Vale’s Canadian workers stood out as news during the 30th trading week of the year.

With the rollercoaster ride of commodity prices of late, it can be hard for smaller manufacturers not to get pushed aside by their more powerful counterparts.

Adriana Resources (ADI-V, ANARF-O) has signed two memorandums of understanding with a major Chinese steel company.

Lihir Gold (LGG-T, LIHR-Q) has decided to put its Ballarat gold mine in Victoria state, Australia, up for sale.

Etruscan Resources (EET-T, ETRUF-O) is selling its 40% participating interest in the Samira Hill gold mine in Niger to its partner and mine operator Semafo (SMF-T, SEMFF-O).

Adriana Resources — Wilfried Struck resigned as a director but will remain an adviser; Allen Palmiere appointed a director.

U. S. markets enjoyed another buoyant week during the July 28-Aug. 3 reporting period. The Dow Jones Industrial Average climbed 189.84 points or 2.09% to close at 9,286.56. The Standard & Poor’s 5…

Despite marginal gains for the holiday-shortened July 28-31 reporting period, the TSX composite index was playing catch up on Aug. 4, after the S&P 500 broke through the 1,000-point mark for the f…

On the last day of the truncated July 28-31 trading period, the S&P/TSX Venture composite index had one of its best showings in several months. It gained 32.53 points to close at 1,179.57. The gai…