The first day of June saw the coming into force in Canada of the Extractive Sector Transparency Measures Act, which compels extractive companies to publicly report any significant payments they make to governments at home and abroad.
YAMOUSSOUKRO, CÔTE D’IVOIRE — Past the hazy black smoke in the West African commercial city of Abidjan, Côte d’Ivoire, is a lush green jungle that inexplicably covers an ancient craton teeming with gold.
Uncertainty over Greece’s debt talks and a first-quarter contraction in the U.S. economy pushed stock indexes lower. Markets closed for the Memorial Day holiday, but when they reopened, the Dow Jones Industrial Average dropped 1.2% to…
Growing up in Zimbabwe after World War II, completing an engineering degree at the University of Witswatersrand in Johannesburg, and working at Jones & Wagener, a specialist firm of consulting engineers and scientists based in South Africa,…
VANCOUVER — Emerging producer Trevali Mining (TSX: TV; US-OTC: TREVF) is a preferred zinc play amongst analysts, and its performance over the first five months of 2015 have gone a long way in solidifying that reputation. The company…
In April BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32, (LSE: S32; US-OTCBB: SOUHY)commenting that the shares of the newly created mining company “represent a more compelling investment than BHP…
The S&P/TSX Venture Composite Index lost ground, dropping 1.6%, or 11.03 points, before finishing at 692.45 points. The performance followed poor first-quarter results from the U.S. and Canadian economies, which both contracted over the…
Less than a year after Lundin Mining (TSX: LUN) acquired an 80% stake in Freeport-McMoRan’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, a Chilean environmental regulator has filed charges against the…
Concerns of a shrinking economy drove Canada’s main stock index down 1.2% to close at 15,014.09. The S&P/TSX Capped Diversified Metals & Mining Index decreased 2.7% to 727.52, and the S&P/TSX Global Mining Index retreated 1.7%…
Statistics Canada reported higher demand for cars, food and alcohol, which drove up retail sales 0.7% in March, after a 1.5% gain in February. Markets were closed May 18 to celebrate Victoria Day, but when they reopened, Canada’s main…
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the…
In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…
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