Editorial: Gold hops back into the saddle
Gold prices are showing renewed vigour as March begins, with spot prices rising to four-month highs above US$1,340 per oz. at press time, building on the Valentine’s Day crossing of the US$1,300 threshold.
News
What’s a better store of wealth: Bitcoin or gold?
There’s been a lot of talk about the new currency on the block: the bitcoin.
John Kaiser: The bull is back
It used to be that retail investors attending investment shows like the recent Vancouver Resource Investment Conference would go out and actually buy the stocks their favourite speakers touted, says John Kaiser, the editor of Kaiser Research…
Sierra Metals goes old school at Cusi
CHIHUAHUA STATE, MEXICO — The green foothills an hour west of the city of Chihuahua are peaceful now. There is nothing in the gaze of a lingering llama that would tip a visitor off to the blood spilled here roughly a hundred years ago.
Seabridge tallies ‘monster’ resource at Deep Kerr
Rudi Fronk and Jim Anthony were called “garbage collectors” when they started buying up uneconomic projects from the majors 15 years ago at US$260 per oz. gold. But their faith in higher gold prices kept them going and one of the…
Low commodity prices bite into Teck’s bottom line
Teck Resources (TSX: TCK.B; NYSE: TCK) saw its adjusted fourth-quarter and full-year profit both fall 44.5%, as lower commodity prices overshadowed strong production.
Commentary: Pay packages shrink for mining execs
Over the past year in the mining industry, we have seen many impairments and writedowns, project cancellations, project postponements, capital spending cuts, profit downgrades and reported net-income losses. Not surprisingly, this has affected…
TSX stays up, Feb. 18-21
The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…
Paladin suspends production at Kayelekera
VANCOUVER — In the most significant curtailment of today’s uranium cycle, Paladin Energy (TSX: PDN) is suspending production its Kayelekera mine in Malawi until the uranium price recovers.
Mining sector supports students of economic geology
VANCOUVER — Despite tough times, it seems the mining sector recognizes a valuable charity when it sees one.
Centerra posts strong Q4, unveils Oksut PEA
VANCOUVER — Producer Centerra Gold (TSX: CG; US-OTC: CAGDF) has been making headlines due to its negotiation with the Kyrgyzstan government over the ownership structure at its flagship Kumtor gold mine, 350 km southeast of the capital…
Yamana takes US$536M impairment charge in Q4
Yamana Gold (TSX: YRI; NYSE: AUY) saw its fourth-quarter earnings diminish after several of its exploration projects and operations took impairment charges partly due to the decline in metal prices.