Mining analyst Chris Lichtenheldt of UBS Investment Research has cut his 12-month target price on Hecla Mining (HL-N) to US$8.00 per share from his earlier forecast of $9.85 per share after the silver producer announced it has closed its Lucky…
Despite record high gold prices the companies’ that mine the metal have been slow to receive valuations that reflect the cashflows pouring on to their financial statements. The two biggest gold miners in the world, Barrick Gold (ABX-T, ABX-N)…
Most know Idaho as the Potato State, but the area also has a lesser-known nickname, the Gem State, which dates back to its territorial days.
When Democrat Cecil Andrus, the only governor in Idaho’s history to have served four terms, retired from the board of Coeur d’Alene Mines (CDM-T, CDM-N) after more than ten years of service, the mining company gave him a Beretta shotgun instead…
When Democrat Cecil Andrus, the only governor in Idaho’s history to have served four terms, retired from the board of Coeur d’Alene Mines (CDM-T, CDM-N) after more than ten years of service, the mining company gave him a Beretta shot gun…
The market slump continued unabated for the June 6-10 period as The Dow Jones industrial average dropped 200 points to finish at 11,951.91, while the S&P 500 index was off 30 points to end up at 1,210.98. The drop-off after market watchers…
Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (LCC-V) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The rest it sold -…
Vancouver – Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (lcc-v) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The…
Increasing consumer confidence led to a second straight weekly advance for U.S. stocks. Oil prices fell on news that Egyptian President Hosni Mubarak finally resigned and handed power over to the military, removing some of the uncertainty and…
As European stocks advanced for the second straight week, banks and technology companies, led by JPMorgan Chase, sent U.S. stock indexes higher, marking a seventh week of gains. The Dow Jones industrial average gained 112.62 points, or 1%, to…
U.S. stocks closed out a second consecutive year of gains, recovering to levels last seen prior to the collapse of Lehman Brothers in September 2008 and the ensuing recession. Over the year, the S&P 500 index rose 12.8% and the Dow Jones…
U.S. stocks finished the week with a strong performance, amid mixed economic data. While U.S. retailers reported strong November sales, a new jobs report showed unemployment had risen to a seven-month high of 9.8% in November as hiring slowed….
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