VANCOUVER – Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RTP-N, RIO-L) recommendation from Neutral to Sell. The reason? More than 90% of the company’s 2012 earnings came from iron ore, a sector…
Last month Scotiabank’s Vice President of Economics and Commodity Market Specialist, Patricia Mohr, received the 2012 Metal Bulletin Apex awards for the top gold and overall precious metals price forecasts. Mohr received top honors for her…
VANCOUVER — With the US$5.1-billion hostile takeover of Toronto-based Inmet Mining (IMN-T) by large-cap peer First Quantum Minerals (FM-T, FQM-L) looking all but wrapped up, it seems an opportune time to take a look at the shifting…
VANCOUVER – With an upgraded resource estimate for a second deposit at its Black Butte project in Montana now in hand, Tintina Resources (TAU-V) is ready to revamp the project’s recent economic assessment while it awaits permission to…
The discovery of a high grade boulder field outside the southern boundary of the Athabasca Basin in Saskatchewan is shaping into a significant find for joint venture partners Fission Energy (FIS-V) and Alpha Minerals (AMW-V).
Despite several mill maintenance shutdowns last year and difficulties with variability in ore hardness and fragmentation entering the SAG mill from the operation’s different open-pit locations, Copper Mountain Mining (CUM-T) posted gross…
Short positions outstanding at Mar. 15/13 (with changes from Feb. 28/13).
The transfer of power from the federal government to the Northwest Territories government has been going on in stages for decades as the territory’s population and economic base has steadily grown and matured. With Yellowknife established…
The S&P/TSX Composite Index was down nearly 6 points to end the week at 12,830.03 points, thanks to a 1%, or 134-point decline, on March 13.
The S&P/TSX Venture Composite Index had an uneventful week, falling just 0.7 of a point, or 0.06%, before closing at 1,117.15. The index gained ground later in the week on the back of rising commodity prices and a strong jobs report in the…
The Dow Jones Industrial Average ended a 10-day winning streak, but eked out a 0.81% gain to close at 14,514.11, while the S&P 500 Index climbed 0.61% to finish at 1,560.70. Data showing growth in U.S. manufacturing and retail sales was…
Banro shares (BAA-T, BAA-X) slumped nearly 22% after the gold explorer announced the sudden departure of its president and CEO, Simon Village, after markets closed on March 6.
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