Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
Zinc-Lead
Nautilus probes for more in Central Pacific
VANCOUVER — There’s an ocean of opportunity for aspiring seafloor miner Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) at its wholly owned, polymetallic nodule project within the Clarion-Clipperton fracture zone (CCZ)…
Canadian mining sector improves in early 2016
The Canadian mining sector got a much-needed boost in the first three months of 2016 thanks to higher gold and base metal prices, according to a new EY report. EY’s…
TSX climbs, May 16–20
Canada’s benchmark index advanced ahead of the Victoria Day holiday weekend, rising 171 points, or 1.2%, to 13,919.58, as investors took in higher oil prices and the possibility that the…
Silver Standard may use Chinchillas as feed for Pirquitas
VANCOUVER — Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) is moving forward on pre-development studies that may lengthen mine life at its Pirquitas silver mine in northern Argentina’s Jujuy province,…
Trevali lowers costs at Santander mine
Trevali Mining’s (TSX: TV; US-OTC: TREVF) Santander zinc-lead-silver mine in Peru keeps beating expectations, and the company says it’s one of the lowest-cost operating mines in the country’s Central Mineral Belt….
Ivanhoe outlines economics for Big Zinc at Kipushi
VANCOUVER —Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has tabled a preliminary economic assessment (PEA) for the redevelopment of the brownfield Kipushi zinc-copper project in the Democratic Republic of the…
Lead and zinc demand set to rise strongly in 2016, says ILZSG
The following is an edited release by the International Lead and Zinc Study Group (ILZSG), which held its spring meetings in Lisbon, Portugal, on April 27. For lead, the ILZSG…
Teck’s Q1 profit beats expectations
Teck Resources (TSX: TCK.B; NYSE: TCK) tallied a higher-than-expected quarterly profit, as it mitigated lower commodity prices with deep cost cuts. Adjusted first-quarter profit came in at $18 million, or 3¢…
Eldorado to sell Jinfeng to China National Gold
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) is the largest foreign gold producer in China, with three of the company’s six producing mines operating in the country. But that…
US equities climb, April 11–15
The Dow Jones Industrial Average registered a 1.8% gain to close at 17,897.46, in its best week since March 18. The S&P 500 Index rose 1.6% to finish at 2,080.73,…
Canadian Zinc pushes Prairie Creek
That mines and mining projects get recycled from one company to the next isn’t new — it happens all the time. What makes the Prairie Creek mine a little different…