The S&P/TSX Venture Composite Index lost 1.9%, or 10.35 points, as commodity futures struggled and overseas economic growth remained stagnant. The Chinese government reported underwhelming data that indicates deflationary pressure in the…
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…
The following is an edited summary of the World Gold Council’s Gold Demand Trends report for this year’s third quarter. For the full report, please visit www.gold.org.
Citing weak sales, Caterpillar (NYSE: CAT) dealer Finning International (TSX: FTT; US-OTC: FINGF) announced it would cut its global workforce by 1,100 people, or 8%.
The Finnish government has granted the construction permit for nuclear waste specialist Posiva to build the world’s first final disposal facility for spent nuclear fuel.
Alcoa (NYSE: AA) is idling three of its four U.S. aluminum smelters, taking out annual capacity of 500,000 tonnes of aluminum and 1.2 million tonnes of alumina to curb costs, amid low prices.
Diligence is paying off for gold explorer Integra Gold (TSXV: ICG; US-OTC: ICGQF) in the prolific Val-d’Or gold mining camp, as a steady drill program has allowed the company to upgrade resources at its Triangle Zone gold deposit, 2.5 km…
Lower prices for gold, copper and oil (benchmark Brent crude dipped below US$45 per barrel for the first time since August), weighed on U.S. resource equities, while better labour market data pointed to the economy’s improving…
For a junior company to entice a major to earn-into an exploration project is impressive. To repeat that success with a different major on a separate set of concessions, and, at a dismal time in commodity markets, is nothing short of amazing….
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is lowering its potash production levels in response to weaker demand and fertilizer prices for the second half of 2015.
We are in the midst of a historic bear market, whose bite is clamping down harder with each passing year, squeezing the last remnants of optimism from those working within the mining sector. The only real comfort comes from knowing the cyclical…
VANCOUVER — Shares of developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) saw heavy losses after the company suspended underground development at its Phoenix gold deposit in Ontario’s prolific Red Lake district. The move…
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