The deep convulsions in the ailing U.S. coal-mining sector are continuing unabated into the new year, with America’s second-largest coal miner, Arch Coal, seeking bankruptcy protection on Jan. 11.
After more than a decade of leftist government, voters in Argentina elected Mauricio Macri, a wealthy businessman and Buenos Aires mayor, as their new president on Nov. 22, 2015. The centre-right politician has promised more pro-business and…
Yellowknife-based Dominion Diamond (TSX: DDC; NYSE: DDC) is the latest Canadian miner to land in the cross hairs of activist shareholders. On Dec. 21, Toronto-based hedge fund K2 & Associates Investment Management emailed a letter…
NexGen Energy (TSXV: NXE; US-OTC: NXGEF) has kicked off a 30,000-metre drill program at its exciting Arrow uranium discovery in Saskatchewan’s Athabasca basin, after last year’s success.
The opening week of 2016 marked the worst first week in history for Wall Street stocks, as oil prices fell to their lowest level in more than a decade and concerns about slowing growth in China spooked global markets. Manufacturing data in…
Canada’s benchmark index posted a triple-digit loss in the new year. The S&P/TSX Composite Index fell 4.3%, or 564.5 points to 12,445.45, despite a positive jobs report. The S&P/TSX Capped Diversified Metals & Mining Index…
TSX Short Positions Short positions outstanding at Dec. 31/15 (with changes from Dec….
After a “material compression” of industry earnings in 2015, Moody’s Investors Service forecasts that the earnings contraction will continue this year.
While people in the mining sector wring their hands about slowing growth in China, declining demand for base metals and collapsing prices, they’re all missing one key point, according to an Australian mining engineer, research…
A Chinese mining investment fund and a Connecticut-based fund management company are giving Banro (TSX: BAA; NYSE-MKT: BAA) some breathing room this year with a private placement, term loan and streaming deal, worth nearly US$100 million.
On Dec. 11, 2015, the U.S. Securities and Exchange Commission (SEC) re-proposed rules requiring that resource extraction issuers disclose payments made to the U.S. federal government or foreign governments for commercially developing oil,…
VANCOUVER — After 16 months of deliberation, B.C.’s chief mine inspector has concluded that Imperial Metals (TSX: III; US-OTC: IPMLF) will not be held liable for the catastrophic failure of its Mount Polley gold and copper tailings…
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