Rio Alto Mining (TSX: RIO; TSXV: RIO; NYSE: RIOM) is inching closer to producing copper from its La Arena project in northern Peru, with a recent environmental approval for an 18,000-tonne-per-day, open-pit sulphide operation.
VANCOUVER — Prominent Canadian gold miner Goldcorp (TSX: G; NYSE: GG) has proven to be more resilient in the face of falling precious metal prices than many of its peers. And if the company’s production guidance for 2014 is any…
An extreme cold weather front that kept most Canadians indoors over the holiday period also sent a chill through equity markets. The S&P/TSX Composite Index fell 0.2% on the first day of trading in 2014, finishing the week down a total of…
U.S. markets took a hit during the week, with the Dow Jones Industrial Average falling 264.84 points, or 1.6% to 15,755.36. The broader S&P 500 Index tumbled nearly 30 points to 1,775.32. The Nasdaq Composite Index slipped 61.54 points to…
Picture seven football fields in a row of continuous mineralization, and that’s the width of platinum group metal (PGM) mineralization intercepted in a single drill hole at Prophecy Platinum’s (TSXV: NKL; US-OTC: PNIKF) Wellgreen…
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.
It seems Peter Munk’s days at the helm of Barrick Gold might actually be coming to an end.
U.S. markets gained momentum during the trading week as investors assessed corporate earnings. The Dow Jones Industrial Average advanced 45 points to 15,615.55. The broader S&P 500 Index edged up nearly 2 points to 1,761.64. The Nasdaq…
The S&P/TSX Composite Index was down 65 points to 13,337.46 for the period, with a weak gold sector contributing to the slump.
Barrick Gold (TSX: ABX; NYSE: ABX) has suspended construction at its controversial Pascua-Lama gold-silver project in Argentina and Chile, citing lower metal prices and regulatory and legal uncertainties.
Silver Wheaton (TSX: SLW; NYSE: SLW) has inked a second offtake agreement on Hudbay Mineral’s (TSX: HBM; NYSE: HBM) Constancia polymetallic project in southern Peru: this time for its gold output.
The period was a good one for gold, and as the yellow metal went up, so too did the broader index, with the S&P/TSX Composite Index up 250 points to 13,399.42 points, and gold up US$36 to US$1,352.50 per oz.
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