Barrick boasts record Q1 profit
Higher production and sales, lower cash costs and strong gold and copper prices pushed up Barrick Gold’s (ABX-T, ABX-N) adjusted first quarter net income by 149% to US$741 million (US75¢ per shar…
Stock Markets/Investing
BC mining industry robust in 2009: PwC report
VANCOUVER — The mining industry in British Columbia kept healthy last year despite a sharp drop in coal shipments and prices, according to the latest survey of the industry by PricewaterhouseCoopers …
Short Position Report (May 20, 2010)
TSX Short PositionsShort positions outstanding at May 15/1…
Short Position Report (May 10, 2010)
TSX Short PositionsShort positions outstanding at Apr. 30/…
Canadians chip away at China’s rare earth monopoly
China may have cornered 97% of the global rare earth market over the last two decades, with its low-cost structure putting many non-Chinese suppliers out of business, but a handful of Canadian juniors hope to challenge that monopoly and develop…
Hana arranges $21-M financing
A little more than a week after announcing it had significantly increased its resource at the Ghanzi copper-silver project in northwestern Botswana, Hana Mining (HMG-V) is raising $21 million in a pri…
Technical Analysis Report: platinum
Along with the nascent global economic recovery there has been renewed interest in platinum, largely due to the metal’s crucial role in auto manufacturing.
Perseus on brink of developing Ghanaian gold mine
VANCOUVER — The last year has been a busy one for Perseus Mining (PRU-T, PRU-A) — in those 12 months, the Australian-based explorer has raised more than $125 million in three financings, completed a…
Teck shows more signs of renewal (May 10, 2010)
VANCOUVER — In the latest sign of a strong recovery, Teck Resources (TCK. B-T, TCK-N) has reinstated an annual dividend after paying a significant portion of its debt ahead of schedule.”There’s a lot of good news to comment on today,” said…
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.
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…