Gold Fields not as lucky as Centerra in Kyrgyzstan (May 10, 2010)
Investors hoping for a smooth transition of governments in Kyrgyzstan were disappointed that Gold Fields (GFI-N, GOF-L)had run into trouble in the Central Asian country.
Stock Markets/Investing
Copper fundamentals strong; Mitsubishi ups stake in Escondida (May 03, 2010)
Three large Japanese companies are investing a total of more than 50 billion yen ($533.9 million) for an additional combined ownership stake of 2.5% in Chile’s Escondida mine, Reuters news agency repo…
Lundin misses expectations
Despite coming a long ways in a year’s time, Lundin Mining’s (LUN-T) first quarter financial results failed to…
Technical Analysis Report: Platinum
Along with the nascent global economic recovery there has been renewed interest in platinum, largely thanks to…
Short Position Report (April 27, 2010)
TSX Short PositionsShort positions outstanding at Apr. 15/…
New Gold ups Q1 production by 41% (April 22, 2010)
New Gold (NGD-T, NGD-X) showed huge improvements over the first quarter of 2010 significantly increasing gold …
Short Position Report (April 13, 2010)
TSX Short PositionsShort positions outstanding at Mar. 31/…
PC Gold’s ‘surprising’ find at Pickle Crow
VANCOUVER– PC Gold( PKL-T) has cut some very rich gold intercepts in a newly-discovered vein at its Pickle Crow property near Thunder Bay, Ont., and the news sent its stock price skyward.
Chinalco to spend US$1.35B to earn into Rio’s Simandou
VANCOUVER– The Simandou iron ore project in Guinea is set for a major influx of spending after 95%-owner Rio Tinto (RTP-N, RIO-L) inked a US$1.35-billion earn-in deal with Chinalco to start developin…
Barrick prices IPO for ABG
Barrick Gold (ABX-T, ABX-N) is pricing the initial public offering of African Barrick Gold (ABG) at 5.75 (US$8.71) per share. African Barrick Gold will trade on the London Stock Exchange. Barrick exp…
First Quantum sees major spike in annual, quarterly earnings (April 05, 2010)
VANCOUVER — After riding out a rough start to 2009, First Quantum (FM-T, FQM-L) has seen a strong recovery in quarterly and annual earnings thanks to a resurgent copper price.The company reported net earnings of US$227.2 million for the last…
Goldcorp Q4 earnings plummet despite record production
VANCOUVER– Goldcorp (G-T, GG-N) achieved record gold production for 2009 but it was not enough to counter a major slide in earnings caused by foreign exchange losses.