Lead and zinc demand set to rise strongly in 2016, says ILZSG
The following is an edited release by the International Lead and Zinc Study Group (ILZSG), which held its spring meetings in Lisbon, Portugal, on April 27. For lead, the ILZSG…
United States
Teck’s Q1 profit beats expectations
Teck Resources (TSX: TCK.B; NYSE: TCK) tallied a higher-than-expected quarterly profit, as it mitigated lower commodity prices with deep cost cuts. Adjusted first-quarter profit came in at $18 million, or 3¢…
Newmont has profitable Q1, updates Batu Hijau’s status
VANCOUVER — Newmont Mining (NYSE: NEM) has tabled a first quarter highlighted by adjusted earnings of US34¢ per share and free cash flow of US$227 million. First-quarter earnings came in at US$182…
Brazil Resources completes maiden resource on Island Mountain
Brazil Resources (TSXV: BRI; US-OTC: BRIZF) hasn’t wasted any time since acquiring the Whistler project last year from prospect generator Kiska Metals Corp. (TSXV: KSK) in an all-share deal worth…
Warke discusses NewCastle-Catalyst deal
VANCOUVER — The proposed merger of juniors NewCastle Gold (TSXV: NCA; US-OTC: CTMQF) and Catalyst Copper (TSXV: CCY; US-OTC: CATXF) is small in terms of cash and asset valuation, but the dealmakers see NewCastle’s past-producing Castle Mountain gold…
Pershing Gold’s Relief Canyon nears production
Pershing Gold (NASDAQ: PGLC) is closer to turning the past-producing Relief Canyon heap-leach gold mine in Nevada into one of the newest producers in the Silver state. “This is not an…
OceanaGold Macquarie’s top intermediate producer
In the first week of March, Macquarie Securities analyst Michael Gray visited OceanaGold’s (TSX: OGC) Haile gold project in South Carolina, which the company added to its portfolio last year…
Odds ‘n’ Sods: Mike’s strange discovery in Arizona
Mike Fitzgerald was in no way the smooth-operator type found in the universe of large corporations. His mannerisms appeared more like those of a boxer, and for good reason —…
US equities tumble, March 21–24
U.S. indexes snapped five weeks of gains after terrorist attacks in Brussels, which left 35 dead and hundreds injured, shook global markets. The S&P 500 Index fell 0.7% to 2,035.94…
NuLegacy acquires 100% of Iceberg beside Goldrush
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) has consolidated the Iceberg gold deposit in Nevada, with plans to keep drilling the asset ahead of calculating a maiden resource estimate. NuLegacy found the…
Analysts see buoyant gold in 2016
Gold prices rallied in mid-March on the back of the U.S.Federal Reserve’s decision to lower interest rate expectations for 2016, with many economists and analysts forecasting the yellow metal would…
Letter to the editor: In-situ copper leaching is a proven technology
It was recently reported in the Financial Post that in-situ leaching of copper is an “unproven technology.” But after personally spending five years working at the in-situ copper leaching operation…