VANCOUVER — It was a long summer for Vancouver-based developer Curis Resources (CUV-T) and its Florence in-situ copper project 105 km southeast of Phoenix, Az. The company hit a 52-week low at 36¢ per share on Aug. 21, as a lack of…
Thompson Creek Metals (TCM-T, TC-N) has hatched a new plan for its namesake molybdenum mine in Idaho to reduce costs, giving it more financial wiggle room to continue developing its Mt. Milligan copper-gold mine in central British Columbia.
Alpha Natural Resources (ANR-N), the number-two coal miner in the U.S., may have its credit ratings lowered by Standard & Poor’s after curbing production and shutting eight coal mines, to stay profitable as demand drops.
New measures requiring public disclosure by U.S. issuers of payments to governments for mineral exploration and development rights were announced on Aug. 22, 2012, by the U.S. Securities and Exchange Commission pursuant to the Dodd-Frank Act….
Toronto Stock Exchange
Great Basin Gold (GBG-T, GBG-X) continues to tumble under a delisting review by the Toronto Stock Exchange, following the market response to the company suspending its Burnstone gold mine in South Africa.
Alpha Natural Resources (ANR-N) may have its credit ratings cut by Standard & Poor’s after it said it will curtail production and close eight of its U.S. coal mines to stay profitable in the low price environment.
A little over two decades ago Roger Steininger made a major gold discovery in Nevada by bucking conventional wisdom. Today he’s trying to do it again.Steininger has found himself chief operations officer and a director at Nevada-focused…
The S&P/TSX Composite Index gained during the trading week to close at 12,268.01, up 319 points from where it began.The lift followed two major announcements, including the European Central Bank’s plan to buy government bonds from…
The TSX Venture Exchange collected itself and resumed its forward march. After falling four straight days the week before, the holiday shortened period saw the index climb 31 points to 1,276.71 points, on the back of renewed enthusiasm for…
Hope for more stimulus from the U.S. Federal Reserve after disappointing jobs data in August; the Chinese government announcing a US$150-billion infrastructure-building program; and news that the European Central Bank plans to buy more…
SPOT PRICESCourtesy of ScotiaBankTuesday, September 11, 2012 Precious MetalsPrice…
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