Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, May 27 2014 Precious MetalsPrice…
Spot pricesCourtesy of ScotiabankTuesday, May 27 2014 Precious MetalsPrice…
VANCOUVER — In its forty-sixth annual mining industry survey, PwC’s Digging Deep: The Mining Industry in British Columbia 2013 reflects a difficult year for the sector across all commodities.
Toronto-based Dominion Diamond (TSX: DDC; NYSE: DDC) reported a strong operational start to the year, with higher-than-expected diamond production, sales and average prices for its first quarter of fiscal 2015.
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
True Gold Mining (TSXV:TGM) is gaining market momentum, as it gears up to build its flagship Karma gold mine project in north–central Burkina Faso.
For gold bugs, a less pithy corollary of Joseph Heller’s dictum “just because you’re paranoid doesn’t mean they aren’t after you,” could be: Just because you imagine gold-price suppression in every corner of the gold…
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