Canada’s benchmark index posts slight increase, Feb. 19-23
The S&P/TSX Composite Index rose 1.20% to 15,638.45. The S&P/TSX Global Mining Index fell 0.56% to 72.96. A rising U.S. dollar put pressure on the gold price, which dropped US$18.30…
The S&P/TSX Composite Index rose 1.20% to 15,638.45. The S&P/TSX Global Mining Index fell 0.56% to 72.96. A rising U.S. dollar put pressure on the gold price, which dropped US$18.30…
The Dow Jones Industrial Average fell 0.9% to 21,797.8 points and the S&P 500 Index dropped 0.6% to 2,461.43 points, as investors braced for Hurricane Irma’s potential impact on U.S….
As president and CEO of Grayd Resource, geologist Marc Prefontaine and his team discovered the La India gold deposit, 200 km east of Hermosillo in Sonora, Mexico, selling it to…
The North Central Mineral Belt of Peru is well-known for the gold mines that dot its landscape, from South America’s largest gold mine, Yanacocha, owned by Newmont Mining (NYSE: NEM)…
A study on executive compensation by the Canadian Centre for Policy Alternatives says the 100 highest-paid CEOS working at companies listed on the Toronto Stock Exchange in 2015 earned the…
A private equity firm specializing in the mining and metals sector run by former executives of Xstrata and J.P. Morgan has bought most of the shares that Chile-focused Coro Mining…
Peru’s new president, Pedro Pablo Kuczynski, has said he will implement policies that favour investment in the mining sector and also plans to enhance and streamline the formalization process for…
Dynacor Gold Mines (TSX: DNG; US-OTC: DNGDF) is preparing to table the first-ever resource calculation at its Tumipampa gold-copper exploration project, 500 km southeast of Lima, Peru. Jean Martineau, Dynacor’s…
After posting a 0.6% gain in January, Canada’s gross domestic product shrank 0.1% in February, but still beat expectations of a 0.2% contraction, according to Bloomberg data. The U.S. Federal…
VANCOUVER — Burdened with debt, First Quantum Minerals’ (TSX: FM) has struck a deal to sell its Kevitsa nickel mine in northern Finland to Swedish integrated miner Boliden AB (US-OTC: BDNNF). Kevitsa…
Inmet Mining (IMN-T, IEMMF-O) plans to increase a US$300-million bought-deal financing to $348 million so it can pay off all debts related to building its Las Cruces open-pit copper mine in Spain.
Inmet Mining has moved closer to its (IMN-T, IEMMF-O) dream of taking Petaquilla Copper (PTC-T, PTQLF-O) out of the picture at the Petaquilla copper project in Panama, by boosting its bid for the juni…
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