Macquarie Research assesses global iron ore market
Spot iron ore prices rose from US$75 per tonne to US$95 per tonne in the weeks following the Brumadinho dam disaster at Vale’s (NYSE: VALE) Feijao iron ore mine in…
Rio Tinto
US markets post slight gain, Feb. 18-22: Newmont, Rio Tinto
The Dow Jones Industrial Average rose 0.57% to 26,031.81, while the S&P 500 Index increased 0.62% to 2,792.67. Spot gold finished the week at US$1,337.80 per oz., up US$16.40 per…
US markets post significant gains, Nov. 26-30
U.S. markets surged in the trading week with a revised North American trade pact. The U.S.–Mexico–Canada (USMCA) agreement, signed on Nov. 30, replaces the 24-year-old North American Free Trade Agreement….
Talon Metals tables PEA for Tamarack North
Talon Metals (TSX: TLO; US-OTC: TLOFF) has announced a preliminary economic assessment for the Tamarack zone at its Tamarack North nickel-copper-cobalt project in Minnesota. The study assigns the project a…
Amarillo improves economics of Mara Rosa in Brazil
Amarillo Gold (TSXV: AGC; US-OTC: AGCBF) recently tabled an updated prefeasibility study (PFS) for the Posse gold deposit on its 100%-owned Mara Rosa gold project in Goias state, Brazil. The…
Dow and S&P 500 down, Oct. 1-5
The Dow Jones Industrial Average slipped 0.4% to 26,447.05 and the S&P 500 Index fell 0.98% to 2,885.57. Spot gold closed US$10.50 per oz. higher at US$1,202.70 per oz. gold….
Glencore expands and extends share buy-back program
Glencore (LON: GLEN) is increasing its share buy-back program by up to an additional US$1 billion. The commodities giant has already purchased 230.2 million of its own shares valued at…
US markets up, Sept. 17-21
The Dow Jones Industrial Average jumped 2.25% to 26,743.50 and the S&P 500 Index rose 0.85% to 2,929.67. New York spot gold increased 0.47% to US$1,198.70 per oz. gold. Rio…
Rio Tinto announces share buy-back program
Rio Tinto (LON: RIO) says it plans to buy back shares worth about US$3.2 billion. The funds were generated from the sale of coal assets and a smelter. Rio has…
Anglo Pacific Group records positive first half
Anglo Pacific Group (TSX: APY; LON: APF) has doubled its income over the last three years, and 2018 is shaping up to be yet another good year for the natural…
Diamonds an enduring passion for Gren Thomas
Even though prospecting for diamonds in Canada no longer elicits the electrifying buzz of the 1990s when juniors were uncovering the country’s first diamond mines, the rationale for exploration is…
US markets end lower, April 2-6
Concerns over a U.S.-China trade war mounted after U.S. President Donald Trump suggested imposing another $100 billion in tariffs on Chinese imports. The Dow Jones Industrial Average fell 0.71% to…