Thornton’s Barrick looks leaner
Barrick Gold (TSX: ABX; NYSE: ABX) is benefitting from going back to the basics, under the direction of chair John Thornton.
News
Western Lithium: a producer in the making?
VANCOUVER — Management of Western Lithium (TSX: WLC; US-OTC: WLCDF) finds itself in a fortuitous position following the recent surge of interest in the global lithium industry. The company negotiated a merger with South American…
First Quantum’s US$5B debt creates ‘material uncertainty’
VANCOUVER — It’s a sign of the times that analysts tend to pay more attention to balance sheet health than production metrics during quarterly report season, and First Quantum Minerals (TSX: FM; LON: FQM) did little to…
Video: ‘At the Bar’ featuring Brent Cook, Mickey Fulp and more at VRIC 2016
Cutifani strives for ‘new’ Anglo American after tough 2015
In a video message to shareholders, Anglo American (US-OTC: AAUK; LSE: AAL) CEO Mark Cutifani said the company will dispose of an additional US$3-$4 billion in assets this year after posting a net loss of US$5.5 billion in 2015.
Capstone outlines strategy to combat low copper price
VANCOUVER — Management at Capstone Mining (TSX: CS) acknowledged some of the questions surrounding its balance sheet during a mid-February conference call scheduled to discuss its financial performance last year. The spectre of…
World Gold Council: US dollar’s effect on gold overdone
The following is an edited investment commentary released by the World Gold Council in January. For more information, please visit www.gold.org.
Suppliers news: $2.6M research cluster to tackle corrosion in Saskatchewan
The Saskatoon-based non-profit International Minerals Innovation Institute (IMII) has announced a research initiative that could benefit miners in the province.
NewCastle Gold project outside of protected area
U.S. President Barack Obama’s decision to protect an 84.7 sq. km land parcel — surrounded on three sides by the Mojave National Preserve — as a National Monument under the 1906 Antiquities Act, presents no threat to NewCastle…
US stocks slide, Feb. 8-12
U.S. equities rallied on Feb. 12, ending five days of losses in the S&P 500 Index, but not enough to post a weekly gain. The S&P 500 lost 0.8% to finish at 1,864.78. The Dow Jones Industrial Average fell 1.4% to 15,973.84 and the…
TSX hits ‘wall of worry’, Feb. 8-12
It was a volatile week, as investors — worried about the state of the global economy — fled stocks and sought safe-haven assets like gold, driving the price up 5.5% to US$1,237.90 per oz. (Gold hit a one-year high of US$1,262.90 per…
Missanabie Cree First Nation signs deals with seven suppliers
In January the Missanabie Cree First Nation (MCFN) announced joint ventures with seven firms to help its community work on development projects on its territories in northern Ontario.