VANCOUVER — It was not always a smooth process and it took a year to gel, but Glencore International has completed its US$29-billion takeover of Xstrata, with the merged company trading as Glencore Xstrata (GLEN-L) and boasting a…
First Majestic Silver (FR-T, AG-N) is eyeing senior producer status as it expands Del Toro — its fifth silver mine in Mexico — and improves operations at its four other mines in the country to drive its annual silver production…
Despite producing more gold than a year ago, Toronto-based Yamana Gold (YRI-T, AUY-N) wasn’t able to buck the trend of miners posting shrinking first-quarter profits amidst dipping metal prices. Profit for the first quarter of…
BMO Capital Markets’ recent report entitled “Flight to Quality” is perfectly timed for investors who have had their emotions roiled by the latest downswing in the gold price.
TSX Short Positions Short positions outstanding at Apr. 30/13 (with changes from Apr….
Fancamp Exploration’s (FNC-V) first resource estimate on its Lac Lamêlée South iron project in the Fermont mining district of Quebec has outlined 520 million tonnes grading 39.5% iron at a 22% iron cut-off grade—about…
New Brunswick has given the green light to Trevali Mining (TV-T) to operate its Caribou mine and mill complex in the Atlantic province’s Bathurst mining camp, and the zinc-focused development company says it expects to fire up the mill…
Though the abuses started several years ago, the importing of low-wage Chinese miners by HD Mining International to B.C. late last year and the CBC’s recent revelation on Go Public that the Royal Bank has been laying off skilled,…
Tahoe Resources (THO-T, TAHO-N) is voluntarily hiking its net smelter return royalty to 5% from the state-mandated 1%, as escalating protests and violence involving its Escobal silver project culminated in Guatemalan authorities imposing a…
VANCOUVER — News of a 26% capital-cost increase and six-month delay in start-up at the Legacy potash mine in Saskatchewan drove owner K+S AG’s share price to a five-month low, but the German fertilizer giant remains confident that…
Spot prices
VANCOUVER — According to president and CEO Glen Kuntz and his team at Mega Precious Metals (MGP-V), a strong asset can carry a junior through turbulent times in the stock market. And they believe the company’s wholly owned Monument…
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