Greece may have reached a deal in principle with euro finance ministers to extend its financial bailout by four months, but concern in the energy sector about the impact of low oil prices drove the S&P/TSX Composite Index down 0.6% to…
Measures taken by Barrick Gold (TSX: ABX; NYSE: ABX) to divest non-core assets, chip away at debt and focus on five cornerstone mines in the Americas are benefiting juniors like Otterburn Resources (TSXV: OBN).
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
Canada’s benchmark index exited the trading week in positive territory, helped by higher gold prices and mining stocks. The S&P/TSX Composite Index jumped 144.40 points to 14,753.65. It ended 2014 up 7.4% for the year, slightly below…
Given the unchanged prospects at Barrick Gold’s (TSX: ABX; NYSE: ABX) suspended Pascua-Lama gold-silver project in Chile and Argentina, Silver Wheaton (TSX: SLW; NYSE: SLW) has again amended its silver-stream agreement on the asset.
The U.S. market climbed into positive territory following higher oil prices and the U.S. Federal Reserve reporting that it was in no hurry to raise interest rates.
Barrick Gold (TSX: ABX; NYSE: ABX) will soon suspend operations at its Lumwana copper mine in Zambia in response to the Zambian government’s move to more than triple the royalty rate on open-pit mines, starting in 2015.
VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In…
Weaker-than-expected employment numbers showing Canada lost 10,700 jobs in November — which pushed up the unemployment rate to 6.6% from October’s 6.5% — along with disappointing earnings from the big banks and energy stocks…
Sandvik partners with Barrick to improve drill safety
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) may be onto something at its Iceberg gold deposit on the Red Hill project in Nevada’s famed Cortez gold trend.
The share prices of major gold producers plunged to multi-year lows following actions of the central banks in the U.S. and Japan that pushed down the gold price and clouded producers’ third-quarter results.
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