Kinross bids adieu to diamonds
While most Western miners cringe at the thought of investing in mineral projects in Russia, Kinross Gold continues to be an exception to the rule.
Commodities Markets
Scotiabank report analyses Japan’s impact on commodities
A new report from Scotiabank says the negative fallout from Japan’s earthquake and tsunami are “likely to prove temporary with Japan quickly gearing up its economy again.”
U.S. markets stronger, Mar. 21-25
U.S. equity markets posted stronger results in the Mar. 21-25 trading week with the Dow Jones Industrial Average edging up 3.05% or 362.07 points to finish at 12,220.59, and the S&P 500 index rising 2.71% or 34.60 points to 1,313.80. The…
MAC: Environmental group’s report is flawed
The following was released by the Ottawa-based Mining Association of Canada (MAC) in response to the PEW Environmental Group’s report “A forest of blue – Canada’s boreal forest, the world’s water keeper.” For more information visit…
MEG: Financings recovered fully in 2010
The following was released by the Metals Economics Group, based on its Strategic Report. For more information visit www.metalseconomics.com.
U.S. equities lose ground after Japanese disaster
It was a dark week for U.S. equities as Japan struggled to contain fires, explosions and radiation leaks at its crippled Fukushima nuclear power plant. The Dow Jones Industrial Average fell 185.88 points or 1.54% to 11,858.52, while the S&P…
Japanese quake rocks the world
On March 11, in a defining day of the new decade, residents of Japan’s northeast coastal region were hit by a deadly triple whammy of a 9.0-magnitude earthquake, a resulting tsunami with waves reaching 10 metres in height, and a growing threat…
Surbiton: Australian gold output rising
Australian gold production for 2010 totalled 266 tonnes (8.5 million oz), which is an increase of 17% or 38 tonnes from 2009, according to Melbourne-based consultancy Surbiton Associates’ latest survey of the Australian gold mining industry,…
Federal government invests in ‘CAT scan for the earth’
Vancouver – The federal government of Canada has announced it is providing $1.8 million in funding for a new cutting-edge geophysical survey technology from Vancouver called muon geotomography. Developed by University of British Columbia…
Editorial: Japanese quake rocks the world
On March 11, in a defining day of the new decade, residents of Japan’s northeast coastal region were hit by a deadly triple whammy of a 9.0-magnitude earthquake, a resulting tsunami with waves reaching 10 metres in height, and a growing threat…
Editorial: The “loco” creeps back into Colombia
The bloom is coming off the Colombia rose, with the frustrating news for Greystar Resources on March 4 that environmental public hearings on its Angostura project there were terminated early owing to “confrontations” at the meeting in…
Metals gurus predict prices for 2011
The opening technical session “Commodities and Market Outlook” of the Prospectors and Developers of Canada convention in Toronto gave a relatively upbeat outlook for precious metals, base metals and potash prices this year, especially…