It has not been a good year for coal. Australian coal loaded at the port of Newcastle, a leading benchmark for global thermal prices, started the year at US$125 per tonne. Today it is worth just US$90 per tonne, a decline of almost 30%.
Some mining companies find it tough in Argentina — and particularly in less mining-friendly provinces like Chubut — where the provincial government has proposed higher taxes and royalties. And even in more benign, mining friendly…
The final stretch of 2012 was promising for for shareholders of Vancouver-based explorer Kaminak Gold (KAM-V). The company saw its share price rise 44% since Dec. 10 — jumping 44¢ before closing the week at $1.43 per share. Kaminak…
Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target, as the Toronto-based firm expands and derisks the large gold project in Brazil, analysts say.
The holidays brought cheer to Canadian investors, and the S&P/TSX Composite Index was up 54 points to 12,433.53 for the period, with equities still climbing at press time.
Christmas holidays kept things fairly quiet on the S&P/TSX Venture Composite Index over the trading period, though the board notched small gains each day to end the session up 24.1 points at 1,201.84. Trading volumes were subdued, averaging…
U.S. stocks ended the trading week in the red, as expectations that a deal would be made to avoid the fiscal cliff temporarily wavered.
Premier Gold Mines (PG-T) has completed a much-anticipated resource estimate on the Trans-Canada project in the Beardmore-Geraldton greenstone belt. The resource estimate represents the first consolidated results of the four gold deposits…
The Wabauskang First Nation is getting more forceful in opposing Rubicon Minerals (RMX-T, RBY-X) and its Phoenix gold project in Red Lake, Ont.
Canada Lithium (CLQ-T) is commissioning the open pit and processing plant at its Quebec Lithium mine near Val-d’Or, Que., with first production of spodumene concentrate expected shortly, followed by lithium carbonate output early this…
Spot pricesCourtesy of ScotiabankWednesday, January 2, 2013Precious MetalsPrice…
The Rio Tinto copper mine in southwest Spain has been mined for thousands of years, and modernizing it might be a challenge.
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