A mining scandal touching the highest levels of government has erupted over the past couple of months in Jamaica, traditionally one of the world’s great centres for bauxite mining, with companies such as Alcan, Kaiser and Alpart active in…
U.S. equities fell on the back of a strong jobs report that showed an improvement in the economy, increasing the chances that the Federal Reserve would hike interest rates in September. The Dow Jones Industrial Average dropped 0.9% to…
In April BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32, (LSE: S32; US-OTCBB: SOUHY)commenting that the shares of the newly created mining company “represent a more compelling investment than BHP…
Concerns of a shrinking economy drove Canada’s main stock index down 1.2% to close at 15,014.09. The S&P/TSX Capped Diversified Metals & Mining Index decreased 2.7% to 727.52, and the S&P/TSX Global Mining Index retreated 1.7%…
VANCOUVER — It’s a tale of two B.C. mines for producer Thompson Creek Metals (TSX: TCM; NYSE: TC). The company is achieving operational reliability at its low-cost Mount Milligan copper-gold asset, and it also put its Endako…
In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…
Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
Focus Ventures (TSXV: FCV) has made progress in a short time at its Bayovar 12 phosphate project in northern Peru — but it wasn’t always focused on phosphate.
Poor jobs data and a decline in energy stocks after the New Democratic Party majority win in Alberta sent the S&P/TSX Composite Index down 1.1% to 15,170.02. The S&P/TSX Capped Diversified Metals & Mining Index fell 2.8% to 805.08,…
When RBC Capital Markets recently screened for undeveloped open-pit gold projects in North America with a resource of more than 500,000 oz. gold in the measured and indicated category and a grade of greater than 1.5 grams gold per tonne, it…
The final week of April saw the closing of Noront Resources’ acquisition of Cliffs Natural Resources’ chromite assets in northern Ontario’s Ring of Fire region. The deal saw a last-minute bump-up in the price to US$27.5…
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