Spot prices
Tuesday, Feb 21, 2012
News
Dividends and explanations get Kinross rolling
All it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some wind behind its back again.
Editorial: Invasion of the robominers!
In a sign of the times that would make any union leader do a double take, Rio Tinto has announced that it and a minority partner will spend US$518 million on robotrains to haul its iron ore in Western Australia’s Pilbara region.
Commentary: Mining execs’ pay jumps as industry rebounds
This is one of those “good problems” you hear about from time to time in business. After weathering the punishing collapse in demand for commodities that began in 2008 and dragged on for more than two years, the mining industry has…
Federal gov’t to modernize Port of Sept-les
The Canadian government’s decision to spend up to $55 million building a deep-water, multi-user dock at the Port of Sept-Îles on Quebec’s North Shore that complies with the iron ore industry’s new loading…
Gold Standard snares 56 metres of 4.3 grams gold at Railroad
Vancouver — The Carlin Trend in northeast Nevada is known as elephant country thanks to seven major gold deposits, each exceeding 20 million tonnes. Gold Standard Ventures (GV-V) may have found its elephant.
Monument Mining invests in Malaysia
Vancouver — Mainland Southeast Asia may not hold much buzz for Canadian explorers, with island nations in the region getting far more attention, but there are several companies finding success in this generally overlooked part of the…
Sea change at Seafield
Sometimes a little change can do a company a lot of good. In the case of Seafield Resources (SFF-V), change has come in the form of a new management team and the good it hopes to do is revive investor interest in what was briefly one of the…
Yamana ups yearly profits by 17%
Yamana Gold (YRI-T, AUY-N) reported a US$89.5-million profit for the fourth quarter of 2011, a 28% decrease from the same period a year ago, thanks to a one-time US$81-million impairment loss on investments.
Here comes the sun for Rainy River
An updated resource estimate based on 394 new core holes or 170,000 metres of drilling last year—bringing the total to 1,279 drill holes or 578,261 metres—has boosted in-pit and underground resources for Rainy River Resources…
Winds of change blowing for Anooraq and Amplat at Bokoni
Vancouver — Twin tragedies have bookended four months of turbulence and change at Anooraq Resources (ARQ-V) and Anglo American (AAL-L) subsidiary Amplat’s Bokoni platinum mine in the Limpopo Province of South Africa.
The Golden Predator claws more results out of the Yukon
Golden Predator’s (GPD-T) deep portfolio of projects in the Yukon is looking a little more robust after its latest drill results.