U.S. equities tumbled on the back of lower precious and base metal prices and a mixed jobs report, which raised the question of whether the U.S. Federal Reserve would hike interest rates. The S&P 500 Index fell 1.9% to 1,947.76, while the…
VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and…
U.S. stocks slumped as the Greek governmentmoved closer towards defaulting on debt payments to the International Monetary Fund. The Dow Jones Industrial Average fell 0.4% to 17,946.68, while the S&P 500 Index also dropped 0.4% to…
Canada’s benchmark index added 1% to finish at 14,808.09, despite concerns rising over the Greek debt crisis. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.8% to 695.56. The S&P/TSX Global Gold Index…
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer…
ANAHIM LAKE, B.C. — A typical work day for this Geoscience BC’s biogeochemical survey crew in west-central B.C. gets started with the smell of jet fuel and the high-pitched whir of a helicopter.
The S&P/TSX Venture Composite Index closed in the red during the trading period, as the Greek debt crisis took a toll on markets and energy futures lost ground. In addition to falling oil prices, Canadian traders reacted to policy…
Toronto-based gold producer Iamgold (TSX: IMG; NYSE: IAG) has trimmed its 2015 company-wide production forecast by 5% due to a “localized seismic event” at its Quebec-based Westwood gold mine.
The long-awaited report of the Judicial Commission of Inquiry into the Marikana mine massacre in Marikana, South Africa, has been released, and there’s plenty of finger pointing to go around.
GoviEx Uranium (CSE: GXU) is quietly advancing its large Madaouela uranium project, and expects to receive a mining permit by year-end, or early 2016.
In the first quarter of 2015, Molycorp (NYSE: MCP) reported higher production volumes from its Mountain Pass rare earth facility in California, and yet posted negative cash flow from operating activities of US$73 million and a loss attributable…
“Working underground for me is like working in your basement for you.” That’s the first thing Marcelin Bruneau tells the 12 young Crees sitting in front of him. That gets their interest. “When I started mining in…
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