U.S. Federal Reserve Chair Janet Yellen reiterated increasing interest rates later this year, if the labour market improves and inflation returns to 2%. The U.S. Commerce Department reported that the country’s gross domestic product (GDP)…
David Pathe, president and CEO of Sherritt International (TSX: S), did not mince words when he said the company needed to take action to protect its balance sheet so that it could withstand lower commodity prices, with “more than 60% of…
The S&P/TSX Venture Composite Index had a bumpy ride, but gained 2.71 points en route to a 549.91-point close.
The U.S. Federal Reserve’s decision to keep interest rates near zero heightened worries about how weak global economic growth would affect U.S. corporate earnings. Fed Chair Janet Yellen said the impact of the global economic slowdown on…
Canada’s benchmark index gained ground during the week, adding 185.33 points, or 1.4%, to close at 13,646.80 points, as investors took in the U.S. Federal Reserve’s decision to keep interest rates near zero.
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says the El Barqueno gold project in Mexico could become a heap-leach operation similar to its La India gold mine and the stand-alone Creston Mascota pit, near its Pinos Altos gold mine.
In what would become their third partnership in a decade, Randgold Resources (LSE: RRS; NASDAQ: GOLD) and AngloGold Ashanti (NYSE: AU) have signed an investment agreement to consider setting up a joint venture that would redevelop and operate…
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proving that struggling equity markets and global economic woes can’t keep a good project down. On Sept. 15 the company announced terms for a US$540-million…
La Mancha, a privately held investment company controlled by the family of Egyptian billionaire Naguib Sawiris — who earlier this month tweeted that he wants to buy an island in Europe to provide a home for refugees fleeing war-torn Syria…
The following is an edited summary from Roskill Information Services, outlining its new report, Frac Sands & Proppants North America: Industry, Markets & Outlook 2015. The report provides a detailed technical and economic analysis of…
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has partnered with Laurentian University in Sudbury and Limpopo University in South Africa to develop Limpopo’s geology department into a “centre of excellence in geosciences.”
VANCOUVER — Attending the Coal Association of Canada’s annual gathering here in downtown Vancouver, it’s clear it’s a pretty terrible time to be in the coal business, and that goes for both the metallurgical (met or…
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