John (Jack) McOuat, an icon of the Toronto mining scene and the last surviving co-founder of the independent geological and mining consulting firm Watts, Griffis and McOuat (WGM), died on July 30 at age 80 at the Sunnybrook Hospital in Toronto.
NovaCopper (TSX: NCQ; NYSE-Arca: NCQ) — a junior explorer that NovaGold Resources (TSX: NG; NYSE-Arca: NG) spun out early last year to explore and develop its Upper Kobuk mineral projects in the Ambler mining district of northwestern…
TSX Short Positions Short positions outstanding at July 31/13 (with changes from July…
WILLIAMS LAKE, BC — Two very different scenes played out on opposite sides of the building hosting the public hearing on the proposed New Prosperity mine in the hours before the hearing got started.
The S&P/TSX Composite Index was down 65 points to 12,647.90 for the period, as it was weighed down by earnings misses and weaker base metal prices.
No one would describe aluminum’s recent pricing as strong. Since the beginning of the year the price of the metal has fallen roughly 14¢, and was trading at 82¢ per lb. at press time.
The El Teniente mine in the Chilean Andes has been producing copper since 1904, and Codelco believes the underground copper mine — the world’s largest, with more than 2,400 km of subterranean tunnels — has many more decades to…
Goldcorp (TSX: G; NYSE: GG), the largest gold miner by market value, showed it’s not immune to the falling gold price.
Better-than-expected corporate earnings and optimism that the U.S. Federal Reserve would keep interest rates low propped up U.S. equities, and the Dow Jones Industrial Average edged up 15.09 points, or 0.10%, to finish the week at 15,558.83,…
VANCOUVER — Newmont Mining (TSX: NMC, NYSE: NEM) has sold its stake in Canadian Oil Sands (TSX: COS; US-OTC: COSWF) to streamline its assets and reduce debt.
Despite the weaker gold price, slumping profits and spending cuts, Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says it’s on track to grow its gold production to 1.2 million oz. by 2015.
Spot pricesCourtesy of ScotiabankTuesday, July 30, 2013 Precious MetalsPrice…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.