VANCOUVER — It’s been a two-year run for producer Lucara Diamond (TSX: LUC; US-OTC: LUCRF) at its Karowe mine in Botswana, and the company isn’t showing any signs of slowing down. On Dec. 9 Lucara released its operating…
While it won’t come close to covering the entire $747-million price tag to build the Brucejack gold mine in northwestern B.C., an $81-million strategic investment by China’s Zijin Mining in project owner Pretium Resources (TSX: PVG;…
As it nears first production at its Phoenix gold mine, in Red Lake, Ont., Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) has gained the support of a small First Nation band that has argued that its treaty rights to be consulted about the…
VANCOUVER — It’s been a year of change for miner Freeport-McMoRan (NYSE: FCX) that has included a portfolio shuffle and renewed focus on a strong balance sheet and dividends. The company remains a big player in the…
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.
Weaker-than-expected employment numbers showing Canada lost 10,700 jobs in November — which pushed up the unemployment rate to 6.6% from October’s 6.5% — along with disappointing earnings from the big banks and energy stocks…
African Barrick Gold — now called Acacia Mining (LSE: ACA) — has signed an earn-in agreement with Sarama Resources (TSXV: SWA) on its South Houndé project in Burkina Faso and approved an underground mining…
Free-digging saprolite and favourable metallurgy at African Gold Group’s (TSXV: AGG; US-OTC: AGGFF) Kobada open-pit gold project in Mali will help keep a lid on costs, according to an updated preliminary economic assessment, which…
Falling prices for crude oil weighed on energy stocks, but a surprisingly strong jobs report buoyed the Dow Jones Industrial Average and the S&P 500 Index, which posted their seventh weekly advance. November payrolls rose by 321,000 in the…
When Christopher Ecclestone says Chesapeake Gold (TSX: CKG; US-OTC: CHPGF) “looks like the turkey all dressed up for Thanksgiving,” readers of his latest research note might want to take his description with a pinch of salt.
One of the hottest topics on the sidelines of the recent Manitoba Mining and Minerals Convention in Winnipeg was the provincial lawsuit launched by two prospectors against the Manitoba government for allegedly failing in its “duty to consult”…
The S&P/TSX Venture Composite struggled during the trading sessions, dropping 5.4%, or 39.88 points, en route to a 701.99-point weekly close. Energy markets were further hit by falling crude oil futures, which reached a five-year low….
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