The Russian effect: First nickel, now palladium
First it was nickel prices and now it’s palladium. Another metal with a silver hue, albeit a more precious one, has been on a run with sanctions against Russia again being seen as the culprit.
News
BlackRock’s tips for raising money as a private firm
Six years ago Sean Cleary raised a million dollars from family and friends and acquired an iron–titanium–vanadium property, 30 km southeast of Chibougamau in northern Quebec.
Murenbeeld ‘mildly bullish’ on gold in 2014
Martin Murenbeeld, chief economist at Dundee Capital Markets, says he’s “mildly bullish” about this year’s gold price.
San Jose yields more high grades
VANCOUVER — Partners McEwen Mining (TSX: MUX; NYSE: MUX) and Hochschild Mining (LSE: HOC; US-OTC: HCHDF) more than replaced the mined-out reserves at their San Jose mine in Argentina in 2013, despite the operation producing 33% more gold…
COO Burns on Goldcorp’s cost-cutting drive
VANCOUVER — In a climate of lower gold prices and rising costs, gold producers have been focusing on improving operations at established mines, and Vancouver-based Goldcorp (TSX: G; NYSE: GG) is no exception. The company’s…
Barrick sells 10% of African Barrick
Barrick Gold (TSX: ABX; NYSE:ABX) has sold part of its 74%-stake in its subsidiary African Barrick Gold (LSE: ABG; US-OTC: ABGLF), in a move to keep optimizing its portfolio amid weaker gold prices.
Integra eyes low-cost underground mine at Lamaque
VANCOUVER — Integra Gold’s (TSXV: ICG; US-OTC: KALRF) efforts to advance its Lamaque gold project in Val-d’Or, Que., to production were just rewarded with a preliminary economic assessment (PEA) predicting a mine with a 38%…
Analysts like gold-focused royalty firms
Royalty and streaming companies make good investments, argue Raymond James analysts Alex Terentiew and Ross Yakovlev in a recent note.
Amara highlights ‘robust returns’ in Yaoure PEA
VANCOUVER — U.K.-based producer Amara Mining (LSE: AMA, US-OTC: CLUGF) looks to have a great West African story on its hands at its brownfield Yaoure gold property, 40 km northwest of the Côte d’Ivoire capital of…
True Gold adds ounces at Karma
VANCOUVER — A 1.7-million oz. estimate for the North Kao deposit at True Gold Mining’s (TSXV: TGM; US-OTC: RVREF) Karma property in Burkina Faso is reminding investors that the feasibility stage gold project has lots of room…
Production underway at Cameco, Areva’s Cigar Lake
Cameco’s (TSX: CCO; NYSE: CCJ) Cigar Lake — one of the most technically challenging mining projects in the world — has started production after years of delays and mine plan re-engineering.
Enexco jumps on uranium hit at Mann Lake
International Enexco (TSXV: IEC) saw its shares climb 23% after announcing the thickest and highest grade hit yet from its 30%-held Mann Lake uranium property in Saskatchewan’s prolific Athabasca basin.