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…
United States
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…
US markets move higher, March 7-11
The Dow Jones Industrial Average and the S&P 500 Index hit new highs for 2016 on the back of steady oil price gains (U.S. crude settled at US$38.50 per barrel…
TSX Venture rallies to six month high, Feb. 29-March 4
The S&P/TSX Venture Composite Index broke a six-month high, jumping 4%, or 24.33 points, to a 562.39-point close, on the back of surging commodity prices. Spot gold rallied 2.9% to…
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…
Space mining ready for lift off
Mining and space exploration seem like two fields that couldn’t be further apart. Miners plunge deep into the earth’s crust, while space explorers seek to propel humankind in the opposite…
Taseko’s proxy battle with Raging River heats up
VANCOUVER — Taseko Mines (TSX: TKO; NYSE-MKT: TGB) is in the midst of a proxy battle with upstart activist shareholder group Raging River Capital, which has led to a flurry of…
US stocks soar, Feb. 15-19
The S&P 500 Index and the Dow Jones Industrial Average posted their best performances since November. The S&P 500 rose 2.8% to 1,917.78, and the Dow advanced 2.6% to 16,391.99. The Nasdaq climbed 3.8% to 4,504.43, in its largest weekly…
Potash faces ‘significant headwinds,’ Macquarie says
Slow adjustments to potash supply will “prolong the pain of rebalancing,” while power “shifts to the buyers,” Macquarie Research says.
Excelsior updates Gunnison prefeasibility
A staged production approach at Excelsior Mining’s (TSXV: MIN; US-OTC: EXMGF) Gunnison copper project in southeastern Arizona would slash upfront capital costs and lower financing risk, while delivering a post-tax internal rate of return…