Alcoa (AA-N) shares fell 7.5% to US$30.75 on Sept. 10 after the company warned that third-quarter earnings from continuing operations would likely shrink to US30-35 per share from a previously expected US52 per share.
Another surge in nickel prices above US$15,000 per tonne in early July was too significant to escape action. Consumers withdrew their buying interest and excess material was delivered into LME warehouses against an attractive backwardation, while…
The Peruvian government says it won’t give into local protesters and revoke a permit allowing Minera Yanacocha, controlled by Newmont Mining (NEM-N) and Peru’s Minas Buenaventura (BVN-N), to explore for gold a…
Vancouver — Quadra Mining (QUA-T) has made its debut as a metals producer with the recent start-up of the concentrator at its Robinson open-pit copper-gold mine, situated 11 km west of Ely in eastern Nevada.
With all required construction permits and approvals in hand, Eldorado Gold (ELD-T) plans to crank up construction at its Kisladag gold project in western Turkey later this month.
McFauld’s Lake, Ont. — Like many other places in Canada, summer is short at McFauld’s Lake in the James Bay Lowlands of northern Ontario, however setting this area apart is a hot new volcanogenic massive-sulphide (VMS) play.
Chinese gold bugs will be allowed to trade in the precious metal under reforms that are designed to upgrade trading on the country’s burgeoning gold market.
A summer meeting with Douglas Hyndman of the British Columbia Securities Commission has the Prospectors and Developers Association of Canada (PDAC) launching a lobbying campaign in western Canada designed to reform securities regulations.
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