Facts ‘n’ figures – WGC: Gold market settled down in 2014
The following is an edited excerpt from the World Gold Council’s 2014 Gold Demand Trends full-year report, which can be viewed at www.gold.org.
2015
Suppliers news: Boart Longyear, Atlas Copco, Opsens
Boart Longyear recapitalizes with Centerbridge
Contrarian investor Anglo Pacific picks up coal royalty
Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…
TSX Venture manages slight gain, Feb. 9-13
The S&P/TSX Venture Composite Index closed in the green despite a relatively weak trading period for commodity futures, as it jumped 3.07 points en route to a 695.51-point close. According to Statistics Canada, factory sales performed…
Majors fight to maintain dividends
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
TSX gains momentum, Feb. 9-13
The Toronto stock market gained on the back of positive economic growth in Europe and better-than-expected data from Canadian manufacturers.
Tahoe launches friendly bid for Rio Alto Mining
After a brief courtship that started at the Denver Gold Forum in September 2014, Tahoe Resources (TSX: THO; NYSE: TAHO) and Rio Alto Mining (TSX: RIO; NYSE: RIOM) are tying the knot.
Editorial: Where to next for copper?
One of the more sobering aspects of the New Year for miners was the rather swift tumble in copper prices, which blew through the long-standing US$3 per lb. support level to hit 6-year lows below US$2.50 per lb., with the spot price having…
Facts ‘n’ figures: A close look at 2014’s private equity mining deals
The following is an edited report released by London-based international law firm Berwin Leighton Paisner (BLP). The report analyzes 50 mining private equity investments in 2014. For more information about BLP, visit www.blplaw.com.
Gold Standard’s window into the Carlin Trend
VANCOUVER — Gold Standard Ventures’ (TSXV: GSV; NYSE-MKT: GSV) Railroad-Pinion project in Nevada is occasionally referred to as the last underexplored district in the southeast Carlin Trend.
TSX Venture on the rise, Feb. 2-6
The S&P/TSX Venture Composite Index rallied 16.63 points, or 2.5% to 693.44 during the period, as crude oil futures showed signs of life and copper prices improved. The U.S. government reported that the private sector created 213,000 jobs…
Midas prepares for permitting odyssey at Stibnite in Idaho
VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and money in sketching out a promising development scenario at its rebranded Stibnite gold project, 16 km east of Yellow Pine, Idaho. The company’s…