Newmont Mining Corporation

Barrick moves to swallow older rival

Barrick Gold‘s (ABX-T, ABX-N) hostile takeover bid for Placer Dome (pdg-t) on Oct. 31 reaffirms Barrick’s recent dominance over its long-time and more senior riva…


Thrills and chills on US markets

Gold prices went on a roller-coaster ride over the report period Oct. 25-31. There were thrills and chills in the gold-mining sector too, mostly in the form of Barrick Gold‘s unsoli…





Mines left out of U.S. rally

U.S. equity markets pulled out of a long slide on Oct. 14 and 17, finishing the reporting period Oct. 11-17 a little higher. The Dow Jones Industrial average gained 1%, finishing at 10,348.10 points,…



Mini-corrections temper U.S. markets

What goes up must come down, at least a little, which was the case for most resource companies on U.S. markets over the report period Oct. 4-10. Copper companies gave back some of their recent gains,…



U.S. markets continue shallow uptrend

Stronger than expected manufacturing data and a slight drop in oil and gas prices helped U.S. markets continue a shallow uptrend over the report period Sept. 27-Oct. 3. The broad-based S&P 500 Ind…


Photo by Leticia LozanoPeruvian peasants demonstrate against mining companies during the final day of a global industry conference in Arequipa, Peru. The protesters claim that mining is polluting water supplies and damaging farmland.

Miners look to Latin America

Arequipa, Peru — Oscar Gonzalez, chief executive of Southern Peru Copper (PCU-N), wears a wry smile on his face — and with good reason….


Commodities shine in U.S.

Oil and gas, gold, copper, and fixed-price commodities such as coal have all enjoyed rallies of late, but trading activity was a mixed bag on U.S. markets over the report period Sept. 20-26, with gold…


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