VANCOUVER — It was a quiet couple of years for Eric Roth after Yamana Gold (TSX: YRI; NYSE: AUY) snapped up his Extorre Gold Mines and its Cerro Moro project in Argentina for US$400 million in mid-2012. But now as president…
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year after a better-than-expected second-quarter profit of US$472 million.
After spending the past year selling off assets and slashing costs, Newmont Mining (NYSE: NEM; TSX: NMC) is moving forward with its Merian gold mine project in Suriname, and plans to spend up to $1 billion to build its first mine in the South…
VANCOUVER — Centerra Gold’s (TSX: CG; US-OTC: CAGDF) wholly owned Kumtor gold mine in the Kyrgyz Republic — 350 km southwest of the capital of Bishkek — is an ample cash generator, and president and CEO Ian Atkinson says…
VANCOUVER — The Indonesian government is threatening to terminate the Batu Hijau copper–gold mine contract if owner Newmont Mining (TSX: NMC; NYSE: NEM) does not withdraw a legal challenge to the country’s new export taxes.
The S&P/TSX Composite Index ended the week in positive territory, advancing 141.07 points to 15,266.57, as investors shrugged off war in the Middle East and Ukraine, and focused on corporate earnings. The S&P/TSX Capped Diversified…
VANCOUVER — Saudi Arabian Mining Co. is buying a 50% stake in the Jabal Sayid copper project from Barrick Gold (TSX: ABX; NYSE: ABX) for US$210 million.
After first listing in December, it’s no surprise that junior Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has started out with a strong sense of purpose. After all, Kaizen means “continuous improvement” in Japanese.
Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.
The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs…
The former management team of CGA Mining, which redeveloped and opened the Masbate gold mine in the Philippines and then merged last year with B2 Gold (TSX: BTO; NYSE-MKT: BTG) in a deal worth US$1.1 billion, is hoping to repeat some of that…
Falling gold prices and rising costs combined to take a bite out of Centerra Gold’s (TSX: CG) bottom line, although not to the extent analysts had expected.
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