Uranium prices poised to rebound, analyst says
After some false starts in past years, an uptick in uranium prices may truly be around the corner, and this time analysts are more confident any rise will reflect a balance between demand and supply.
United States
Premier Gold expands Hasaga in Red Lake
Premier Gold Mines’ (TSX: PG; US-OTC: PIRGF) story has of a lot of moving parts that are “moving us in the right direction,” CEO Ewan Downie says in his company’s blog.
Interview: Krcmarov explains how Barrick nurtures its exploration culture
Richard Schodde, managing director of MinEx Consulting, investigated the investments and returns on exploration dollars spent in Canada, and presented his findings at this year’s Prospectors & Developers Association of Canada convention in…
Editorial: Former Massey CEO Blankenship convicted of conspiracy
Former Massey Energy CEO Don Blankenship has been convicted by a federal jury in West Virginia of conspiracy to violate U.S. mine-safety laws in relation to the 2010 explosion that killed 29 miners at the firm’s Upper Big Branch…
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.
Scorpio Gold finds more gold at Mineral Ridge
Scorpio Gold’s (TSXV: SGN; US-OTC: SRCRF) Mineral Ridge asset in Nevada is returning high-grade gold intercepts from satellite deposits and other targets drilled on the property, and its open-pit gold mining operation is on track to…
US stocks rise, Nov. 13-19
U.S. equities gained after the Federal Reserve signalled a possible December rate hike at its last policy meeting, suggesting the U.S. economy is getting stronger. The Dow Jones Industrial Average rose 1.6% to finish at 17,448.07, the S&P…
Cliffs shutters Northshore amid weak iron ore demand
Cliffs Natural Resources (NYSE: CLF), the largest U.S.-based iron ore producer, is temporarily closing its Northshore Mining operation in Minnesota by Dec. 1, to reduce its record-high iron ore inventory levels amid weaker iron ore demand in…
Kinross’s scaled-down expansion plan at Tasiast
Kinross Gold (TSX: K; NYSE: KGC) is working on a two-phase, alternative expansion plan at its Tasiast gold mine in Mauritania to turn the asset into a profitable operation.
Gold Standard Ventures makes oxide discovery
Geologists at Gold Standard Ventures (TSXV: GSV; NYSE-MKT: GSV) could be on the brink of another major discovery in the Carlin trend.
Kinross, Waterton scoop up Nevada properties from Barrick
Kinross Gold (TSX: K; NYSE: KGC) and private-equity firm Waterton Global Resource Management are the latest bargain hunters to find something they like at Barrick Gold’s (TSX: ABX; NYSE: ABX) year-long sale emporium. On Nov. 12 Barrick…
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…