TSX dips, Nov. 27-Dec.3
Canada’s main stock index closed lower, with the S&P/TSX Composite Index slipping 0.8% to 13,324.67. The S&P/TSX Capped Diversified Metals & Mining Index fell 2.4% to 348.96. The S&P/TSX Global Gold Index, however, gained…
Africa
Nordgold CEO orchestrates ‘compelling performance’
Moscow-headquartered Nordgold (LSE: NORD) counts itself as one of the best performing, lowest-cost gold producers in the industry today, and yet, curiously, few North Americans know anything about it.
Diamond glut ‘not as catastrophic’ as people believe: Lucara CEO
After a decent 7% increase in 2014, rough diamond prices have fallen for the past year, prompting diamond equities to follow.
Bannerman believes in Etango despite uranium slump
VANCOUVER — Uranium prices have taken a beating over the past few years, but Australia-based Bannerman Resources (TSX: BAN; US-OTC: BNNLF) hasn’t lost faith in its wholly owned Etango open-pit asset, 38 km from the coastal town…
Lucara finds 1,111-carat diamond in Botswana
Lucara Diamond (TSX: LUC) recently made history by unearthing the world’s second-largest diamond from its flagship Karowe diamond mine in Botswana.
Iamgold lowers costs, but analysts remain cautious
Iamgold (TSX: IMG; NYSE: IAG) had a messy third quarter — widening its adjusted loss on the back of lower gold sales — but it has cut its operating costs, leaving analysts questioning if the company’s focus on cash…
TSX hit by low commodity prices, Nov. 6-12
Canada’s benchmark index posted a triple-digit loss on the back of lower crude and metal prices. The S&P/TSX Composite Index fell 3%, or 431.6 points to 13,127.18 — its lowest level in over six weeks. The S&P/TSX Capped…
How analytics is transforming mining
After the excess investment and focus on production volume during the commodities supercycle, the new mantra of the mining sector is all about productivity.
Letter to the Editor: Morocco, phosphate and ‘illegal occupation’
Matthew Keevil’s report from Marrakesh entitled “Morocco’s OCP aims to dominate phosphate industry” (T.N.M., Oct. 12-18/15) is a fine, incisive article and one deserving of wide reading.
Miners weigh in on green energy
Technologies in renewable energy sources such as wind, solar, hydroelectricity and bioenergy are improving, making them cheaper and attractive. However, lower commodity prices and tighter margins are among the barriers miners face when adopting…
Rough year creates opportunity in diamonds: Q&A
Diamond equities have had a rough ride in 2015, but what about next year? In an interview in early November, Matthew O’Keefe, vice-president and senior analyst at Dundee Capital Markets,…
Diamond explorers flock to Botswana
Botswana is the world’s largest diamond producer by value and home to the incredibly rich and long-lived Tier 1 Orapa and Jwaneng mines, both owned by Debswana, a 50/50 joint…