US Markets mixed, Nov. 12-16
Gold rose 0.9% to close the trading week at US$1,221.10. The Philadelphia Gold and Silver Index rose 2.9% to 66.08, while the Dow Jones Industrial Average fell 2.2% to 25,413.22….
Cloud Peak Energy Inc
US equities end lower, July 25-29
U.S. markets ended lower during the last week of July. The Dow Jones Industrial Average shed 0.8% to finish at 18,432.24 and the S&P 500 Index slipped 0.07% to 2,173.60….
Consol Energy sells coal assets in Canada
Consol Energy (CNX-N) sold two non-producing coal assets in Western Canada at the end of 2012 for US$127 million, bringing its total asset sales in 2012 to more than US$350 million, the company reported in the new year.
Rio Tinto rethinks Sweetwater uranium sale
Vancouver – A hot uranium market has prompted Rio Tinto (RTP-N, RIO-L) to pull the proposed sale of its Sweetwater …
UBS ups targets for Ivanhoe and Mongolia mine
Vanouver – Ivanhoe Mines’ (IVN-T, IVN-N) massive Oyu Tolgoi copper project in Mongolia is likely to be much larger …
Alaska exploration firing on all cylinders
Fairbanks, Alaska — This year’s exploration activity in Alaska will likely exceed that of the last few years combined, as companies continue to be spurred into action by the recent surge in metal prices, especially gold.
Robinson mine reopens in eastern Nevada; Quadra
Vancouver —
End of rainy season lures juniors back to Sierra Madre
Cash is trickling into the Sierra Madre gold camps in Mexico as the rainy season draws to a close and juniors launch exploration programs designed to outline new resources or test the feasibility of p…
COAL, URANIUM & OIL SANDS — Arch sells portion of reserves
St. Louis-based Arch Coal (ACI-N) has sold a portion of its coal reserves at the Black Thunder mine near Gillette, Wyo., to its neighbour, Kennecott Energy.Kennecott, a subsidiary of Rio Tinto (RTP-N)…