Commentary: Silver in deficit, but prices low
Investors would be forgiven for not knowing it, but despite its relatively low price, the physical silver market is in a deficit.
News
Kinross steadies operations, cuts costs
Kinross Gold (TSX: K; NYSE: KGC) is meeting the challenge of lower gold prices the old-fashioned way: by driving down costs and producing more gold.
Newmont sells Jundee mine in Australia to Northern Star
VANCOUVER — It’s no secret that Newmont Mining (NYSE: NEM) is looking to monetize its non-core assets, and that process has taken another step with the all-cash sale of the company’s Jundee underground gold mine, 45 km…
B2Gold shows operational savvy in Q1
First-quarter results for B2Gold (TSX: BTO; NYSE-MKT: BTG) are in, and they show a company that is establishing itself as a bonafide mid-tier gold producer.
TSX dips a little, May 12-16
The S&P/TSX Composite Index has risen by more than 7% so far this year, but Canada’s main stock index fell 19.32 points to 14,514.74 during the trading week. The S&P/TSX Capped Diversified Metals & Mining Index rose 22.08…
U.S. markets make slight gains on mixed data, May 12-16
With mixed economic news during the trading week, market participants tended towards a bullish interpretation. Despite the Dow Jones Industrial Average being down 73 points to 16,511.86, the S&P 500 Index fared better, swinging positive and…
Goldrock’s Matysek out to prove Argentina’s a good bet
VANCOUVER — Lindero is an economically robust gold mine project that is permitted for development. Its capital costs are reasonable, it has support from the local populations and authorities, and it is being driven forward by Paul…
Uranium Energy advances Paraguay projects
Six years ago when Uranium Energy (NYSE-MKT: UEC) expanded its in-situ recovery uranium projects beyond those it was developing in southern Texas, one of the parts of the world the company took a close look at was Paraguay.
Latin American Minerals dreams big in Paraguay
One of South America’s most isolated countries — ruled by a series of authoritarian governments for most of the twentieth century — has seen virtually no modern mineral exploration.
TSX Venture has a rough week, May 5-9
The S&P/TSX Venture Composite Index racked up a week of straight losses totalling 2.3%, or 23.4 points, before closing at 991.1. Statsistics Canada reported that the country lost 28,900 jobs in April. Meanwhile, commodity futures were…
Cliffs hit by falling prices, cold weather
A harsh winter and low iron-ore and coal prices ensured that Cliffs Natural Resources (NYSE: CLF) would disappoint on its first-quarter earnings.
TSX falls with miners and gold, May 5-9
The S&P/TSX Composite Index was down 223 points to 14,534.06 for the period, as the loonie fell on weak jobs numbers and worries that sluggish economic growth could persist.