The S&P/TSX Venture Composite took another tumble during the trading period, as it lost 6.31%, or 55.69 points, en route 827.13-point weekly close. Markets were impacted by falling energy futures after a dim outlook on oil demand growth…
VANCOUVER — According to president Robin Goad, Fortune Minerals’ (TSX: FT; US-OTC: FTMDF) acquisition of the fully permitted Revenue silver-gold-lead-zinc mine in southwestern Colorado is poised to take the company…
VANCOUVER — It’s not a market where producers discuss exploration-stage plays often, but Agnico Eagle Mines (TSX: AEM; NYSE: AEM) can’t contain its excitement over the Amaruq gold prospect, 50 km northwest of its Meadowbank…
The S&P/TSX Venture Composite continued an eight-week free fall during the trading sessions, as it dropped 4%, or 36.60 points, en route to an 882.82-point close. Over the past two months the Venture has lost 14%, or 141.17 points. North…
Last week we highlighted the shocking collapse in iron-ore prices in September, with spot prices down more than 40% for the year, and trading below US$80 per tonne in China — the world’s largest importer — and gave a heads-up…
In a symbolic gesture the Innu First Nations of Uashat Mak Mani-Utenam and Matimekush-Lac John returned two iron-ore boulders to Iron Ore Co. of Canada’s (IOC) head office in Montreal. IOC is majority-owned by Rio Tinto. The boulders were…
African Underground Mining Services (AUMS) has signed a four-year deal to provide a mining fleet and skilled labour for Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Yaramoko gold project in Burkina Faso.
Despite two nearly back-to-back civil wars in the 1990s that left Liberia in ruins and over a quarter of a million people dead, and now the Ebola outbreak that has killed 1,830 people in the country already this year, Aureus Mining (TSX: AUE;…
Spot pricesCourtesy of ScotiabankTuesday, October 7, 2014Precious MetalsPrice…
VANCOUVER — Rumours had been swirling for months over Lundin Mining’s (TSX: LUN; US-OTC: LUNCF) eyeing of Freeport-McMoRan’s (NYSE: FCX) 80% stake in the Candelaria copper-mining complex in Chile’s Atacama province, and…
Roxgold (TSXV: ROG; US-OTC: ROGFF) has de-risked its Yaramoko project in Burkina Faso with a US$75-million debt-financing package from several European banks, and a US$15-million equity investment from its underground mining contractor in…
U.S. equities had a rough ride during the trading week. The Dow Jones Industrial Average fell 103 points to 17,009.69, while the S&P 500 Index lost 15 points to end at 1,967.90. The tech-heavy Nasdaq Composite Index tumbled 37 points to…
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