2013

U.S. markets, April 22 – 26

Investors took comfort in the fact that unemployment claims in the U.S. fell more than expected, which helped bolster all three big indexes south of the border. The Dow Jones Industrial Average was up 165 points to 14,712.55, the S&P 500…



‘It pays to be prudent,’ miners say

Endeavour Silver Corp. (EDR-T, EXK-N) and Osisko Mining (OSK-T) became the latest companies to unveil cost-cutting measures this week—and both on the same day—as volatile markets and precious metal prices continue to bite into the…


Commentary: Legal warning signals from the HD Mining case

The HD Mining case, which is currently before the Federal Court of Canada, has a high media profile these days. It’s a story that weaves together two hot button legal issues for the labour movement: immigration and occupational health and…


A bucket wheel excavator at BHP's Spence open pit mine in northern Chile. Source: BHP Billiton

Capstone buys Pinto Valley mine from BHP

VANCOUVER – Most of the world’s mining majors are selling non-core assets to focus on optimizing key operations, shoring up earnings, and cutting back capital outlays. The shift follows a few years of overspending spurred by commodity…


TSX Venture gains ground,
Apr. 22-26

VANCOUVER — The S&P TSX Venture Composite Index showed signs of recovery following a tough month during the Apr. 22-26 trading period, with a 2.8%, or 26.15 point, jump leading to a 965.22 point weekly close. Rising commodity prices…



TSX moves up, Apr. 22-26

The S&P/TSX Composite Index managed to hold on to its earlier gains during the April 22–26 trading week, edging up 155 points to 12,220.20. The index fell after the U.S. government reported slower than expected growth in the…


B2Gold commits more money to Nicaragua

Calibre Mining (CXB-V) and B2Gold ( BTO-T, BGLPF-O ) are taking their relationship to the next level with B2Gold committing to spend $6 million for an additional 19% of the Primavera gold-copper porphyry project and surrounding 322 sq km of…


Employees at Agnico Eagle's Goldex mine in Val d'Or, Quebec. Source: Agnico Eagle

Agnico weathers falling gold prices

The year’s first quarter brought challenges beyond a falling gold price for Agnico-Eagle Mines (AEM-T, AEM-N), but its nothing that a company with a 55-year history can’t weather.


Homestake releases final resource as Agnico-Eagle takes over

VANCOUVER — Vancouver-based junior Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt 32 km northwest of Alice Arm, B.C. A final…



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