Difficult markets put Joy Global Inc’s (NYSE: JOY) order book under stress in the fiscal fourth quarter, sending the company’s net income from continuing operations plunging 87% to US$26.8 million, or 25¢ per share, down from…
Negative sentiment regarding gold and fears over the U.S. Federal Reserve Board “tapering” its QE3 stimulus program have pushed the gold price down to US$1,241 per oz. at press time from close to US$1,700 at the start of the year.
Spot pricesCourtesy of ScotiabankTuesday, December 10, 2013 Precious MetalsPrice…
With spot uranium oxide prices in the third quarter averaging US$35.95 per lb. — down from US$66.50 per lb. before the Fukushima Daiichi nuclear power-plant disaster in March 2011 — it is no surprise that uranium producers in Russia…
The Dow Jones Industrial Average and the S&P 500 marked their eighth straight week of gains, with the Dow climbing 21.64 points, or 0.14% to 16,086.41, and the S&P 500 up 1.05 points, or 0.10% to 1,805.81. The eight-week streak for the…
VANCOUVER — Increasing mine supply, limited demand and concentrate stockpiles in China have analysts predicting a subdued year for copper in 2014.
Thomson Reuters GFMS presented their Interim Silver Market Review at the Annual Silver Industry Dinner, in New York on November 12, and while the report points to some distinct advantages that the metal has when compared to the other hard-luck…
The markets for platinum and palladium will likely be in a deficit in 2014, according to a report by London-based Johnson Matthey.
VANCOUVER — Barring some kind of global economic disaster this month, 2013 will end with the gold price down markedly. It will be the first year-over-year decline for the yellow metal since 1997 — and many expect the trend to…
December started off in a rather sombre way for Canadian mining, with former Prairie golden child Potash Corp. of Saskatchewan announcing deep and immediate cuts at its Canadian, U.S., and Trinidadian operations.
Spot pricesCourtesy of ScotiabankTuesday, November 5, 2013Precious MetalsPrice…
The latest silver-market review by Thomson Reuters GFMS shows that silver has been charting its own path this year amongst the precious metals.
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