Gold prices continued to languish below the US$260 mark during the June 16-22 report period, slipping 20 cents over the week to US$258.70 per oz. on the London morning fix of June 23.Gold’s woes dragg…
Aegean GoldAscot ResourcesBattle Mountain GoldBolidenComincoCyprus Amax MineralsDe Beers Consolidated MinesEuroZinc MiningFrancisco GoldFreewest Resources CanadaGlamis GoldGoldmax Resources…
Sherritt International (S-T) now owns a stake in the Australian mining industry following its $51-million purchase of a 9% interest in producer Anaconda Nickel.Citing a “positive outlook for the proje…
Gold prices just kept dropping during the May 12-18 report period, plunging another $5.15 to reach a 20-year low of US$272.85 per oz. on the London morning fix of May 19.For a second consecutive week,…
The April 28-May 4 report period saw a broad rally in metal prices and mining stocks in the eastern markets.Leading the charge were gold prices, which shot up $4 to US$285.50 per oz. on the London mor…
AnglogoldArgentina GoldArgosy MiningAsarcoAshanti GoldfieldsAshton MiningAtna ResourcesB.Y.G. Natural ResourcesBarrick GoldBattle Mountain GoldBolidenBroken Hill ProprietaryCaldera ResourcesCalliope M…
Following a $72.3-million writedown on the carrying value of its oil-and-gas assets in Cuba and Italy, Sherritt International ended last year in the red. (After tax, the value of the oil-and-gas write…
The bell finally tolled for Royal Oak Mines, as the civil court in Ontario withdrew the company’s protection from creditors and placed the company’s assets in the hands of a receiver. The receiver wil…
The biggest story during the report period ended Jan. 19 was the announcement that the low-grade, high-tonnage Highland Valley copper mine in British Columbia would close in May.The decision was made …
World markets were jittery during the Jan. 6-12 report period, owing to concern over the economic health of Brazil. Capital fled out the Latin American powerhouse — including US$1 billion on Jan. 12 …
The new year saw the triumphant birth of the euro, the new currency that will be used by 11 countries of the European Union, with the notable exception of Britain.During the Dec. 29-Jan. 5 report peri…
The financial performance of Sherritt International (S-T) has always served as an effective barometer of the state of the nickel and cobalt industries. This year was no exception: as might be expected…
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