Emissions to drop 6% this year due to pandemic: WMO
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not…
Coal
US markets drop, March 30-April 3: Consol Energy, Cameco, Rio Tinto, Kirkland Lake, Wheaton Precious Metals, Fortuna
The Dow Jones Industrial Average fell 2.70%, or 584.25 points, to 21,052.53 and the S&P 500 dropped 2.08%, or 52.82 points, to 2,488.65. Spot gold fell finished the week at…
TSX Venture falls, March 30-April 3: Gold X, Meridian, Revelo, Morien
The S&P/TSX Venture Composite Index lost 1.19% to finish the trading week at 383.94. Gold X Mining’s shares rose 20¢ to $1.53. The junior, which is advancing its Toroparu project…
US markets tank, March 16-20: Sandstorm, Alamos Gold, Rio Tinto
The Dow Jones Industrial Average fell 17.30% (4,011.64 points) to 19,173.98 and the S&P 500 dropped 14.98%(4,061.1 points) to 2,304.92 during the Mar. 16-20 trading week. Spot gold fell US$31.10…
TSX falls 14%, March 16-20: Kirkland Lake, Teck, Altius Minerals
The S&P/TSX Composite Index plunged 13.59% (1,864.5 points) to finish the March 16-20 trading week at 11,851.80. The S&P/TSX Global Mining Index fell 3.42% to 57.12, while the S&P/TSX Global…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in a row, investment bankers came…
Rio Tinto’s emissions targets come under fire
Rio Tinto’s (NYSE: RIO; LSE: RIO) new carbon emissions reduction targets have triggered heated criticism from some investors and environmental groups, with a group led by a Friends of the…
PDAC: Investment bankers discuss coronavirus impact
In a capital markets session at the Prospectors and Developers Association of Canada, investment bankers from BMO Capital Markets, TD Securities, CIBC Capital Markets and RBC Capital Markets discussed the…
TSX slips, Feb. 17-21: Newmont, Eldorado, Wheaton Precious Metals, Pan American, Teck
The blockade of rail traffic across Canada due to a disputed gas pipeline and fears about the impact the coronavirus is having on the global economy, sent the S&P/TSX Composite…
US markets rise, Jan. 31-Feb. 7: Arch Coal, Peabody Energy, Alcoa; Lithium Americas
The Dow Jones Industrial Average rose 3.0% to 29,102.51 and the S&P 500 advanced 3.17% to 3,327.71. Spot gold fell US$18.50 per oz. to finish the trading week at US$1,570.00…
Anglo American reports roof collapse at Queensland coal mine
Anglo American (LON: AAL) has reported a roof collapse in parts of its Moranbah North coking coal mine in Queensland, Australia. The diversified miner said no one was injured in…
Siemens to go ahead with Aussie coal mine contract, despite pressure
German engineering giant Siemens will honour a controversial contract to supply signalling systems to Adani’s Carmichael coal mine in Australia, despite being under fire for the project’s alleged climate implications….