Metals drags down TSX Venture, Oct. 23-29
The S&P/TSX Venture Composite Index fell 1.5%, or 8.1 points, to close at 539.65 points, amid a continuing decline in gold prices by 1.7%, or US$20.08, before closing at US$1,146 per oz. gold.
The S&P/TSX Venture Composite Index fell 1.5%, or 8.1 points, to close at 539.65 points, amid a continuing decline in gold prices by 1.7%, or US$20.08, before closing at US$1,146 per oz. gold.
A slew of mining companies have recently rolled out their third-quarter financials, including Toronto-based gold miners Barrick Gold (TSX: ABX; NYSE: ABX) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM). Both firms published better than expected…
VANCOUVER — Heavily weighted in the copper and energy business, mining giant Freeport-McMoRan (NYSE: FCX) is enduring the worst of the commodity rout, with big losses announced in its third-quarter fiscal results.
Technologies in renewable energy sources such as wind, solar, hydroelectricity and bioenergy are improving, making them cheaper and attractive. However, lower commodity prices and tighter margins are among the barriers miners face when adopting…
VANCOUVER — It’s taken NGEx Resources (TSX: NGQ; US-OTC: NGQRF) over three decades to bid farewell to its GJ porphyry copper-gold property, 60 km south of Dease Lake, B.C., but now the Chilean-focused explorer, along with majority…
VANCOUVER — Despite posting a US$192 million net loss during the third quarter, Goldcorp’s (TSX: G; NYSE: GG) management team is telling investors to focus on what it labels “strong fundamentals.”
Matthew Keevil’s report from Marrakesh entitled “Morocco’s OCP aims to dominate phosphate industry” (T.N.M., Oct. 12-18/15) is a fine, incisive article and one deserving of wide reading.
Ecuador’s Minister of Strategic Sectors, Rafael Poveda, seemed tired when he sat down with The Northern Miner in Quito last week. The minister, who has a degree in law and an MBA, had returned the night before from China, where, off and…
Teck Resources (TSX: TCK.B; NYSE-MKT: TCK) has become the third company this year to sign a joint-venture option agreement with prospect developer Arena Minerals (TSXV: AN) on its Atacama property in Chile, 50 km from the port of Antofagasta.
The S&P/TSX Composite Index finished in negative territory, losing 0.6% to end at 13,791.88 points. The S&P/TSX Capped Diversified Metals & Mining Index dropped 10.6% to 411.68. The S&P/TSX Global Gold Index retreated 1.8% to…
VANCOUVER — When nickel giant Vale (NYSE: VALE) dropped its claims over the Rice Island nickel and copper project in the highly prolific Flin Flon–Snow Lake mining district of Manitoba in May, junior explorer Wolfden Resources…
The Dow Jones Industrial Average rose 1.5%, or 266.64 points, to close at 17,755.80, and the S&P 500 Index advanced 1.8%, or 36.90 points, to finish at 2,089.41. The Philadelphia Gold & Silver Index dropped 4.8% to 52.25.
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