US markets slide, July 27-31
Expectations that the Fed would raise interest rates in September — along with economic turmoil in Asia and Europe — weighed on U.S. markets over the trading period.
Freeport-McMoRan Inc
Freeport cash backs Reservoir’s high-grade Cukaru Peki prospect
Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has reported an 84-metre drill intercept grading 10.8% copper and 10.86 grams gold (17.3% copper equivalent), including 46 metres of 15.9% copper and 16.77 grams gold (25.9% copper equivalent),…
Kaizen to buy Pinaya in Peru
Kaizen Discovery
US markets move lower, June 22-26
U.S. stocks slumped as the Greek governmentmoved closer towards defaulting on debt payments to the International Monetary Fund. The Dow Jones Industrial Average fell 0.4% to 17,946.68, while the S&P 500 Index also dropped 0.4% to…
US stocks drop, Aug. 31-Sept. 4
U.S. equities tumbled on the back of lower precious and base metal prices and a mixed jobs report, which raised the question of whether the U.S. Federal Reserve would hike interest rates. The S&P 500 Index fell 1.9% to 1,947.76, while the…
Evrim sees opportunity amid struggling markets
VANCOUVER — For project generator Evrim Resources (TSXV: EVM; US-OTC: EMRRF) the ongoing down swing in commodity markets provides an opportunity to pick up previously unobtainable projects with promising exploration histories.
BC Survey’s ‘red line’ a game changer for explorers
VANCOUVER — Geologists Jeff Kyba and Joanne Nelson from the B.C. Geological Survey may have unlocked the secret to world-class porphyry- and intrusion-related gold-copper deposits in northwestern B.C.
Innovation key to solving mining sector woes
Miners are facing a more complex and difficult business environment than ever, with the pressures of rising costs, declining commodity prices, and rising social and investor demands.
TSX Venture finishes in the red, March 9-13
The S&P/TSX Venture Composite Index finished in the red for a second week, as it fell 3.5%, or 24.19, before closing at a 664.60 points. The International Energy Agency speculated that oil prices had not yet hit the bottom, while Statistics…
Majors fight to maintain dividends
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
Wall Street gets slammed, Dec. 8-12
The market sell-off on Wall Street was one of the worst in more than two years as oil dropped below US$62 a barrel and China reported more weak economic data. The S&P 500 Index fell 3.5% to 2002.33 and the Dow Jones Industrial Average…
Freeport-McMoRan rejigs property portfolio as oil prices sink
VANCOUVER — It’s been a year of change for miner Freeport-McMoRan (NYSE: FCX) that has included a portfolio shuffle and renewed focus on a strong balance sheet and dividends. The company remains a big player in the…