The surprise devaluation of China’s currency on Aug. 11 pulled many base metal prices lower on fears that demand from the world’s largest buyer of metals would fall. The price of safe-haven gold, by contrast, rose 1.8% to finish at…
VANCOUVER — Royalty and streaming outfit Franco-Nevada (TSX: FNV; NYSE: FNV) is a money-maker, and it has seen big success through gold and platinum group metal investments.
The U.S. Bureau of Labor Statistics reported non-farm employers added 85,000 jobs in March, lower than its estimate of 126,000 jobs. In April employers added 223,000 jobs, trimming the unemployment rate to 5.4% from 5.5%. Meanwhile, Federal…
VANCOUVER — Toronto-based junior Noront Resources (TSX: NOT; US-OTC: NOSOF) has emerged as a leader in Ontario’s controversial Ring of Fire mineral belt over the past eight years, and on March 23 the company solidified itself as the…
VANCOUVER — Development is continuing at First Quantum Minerals’ (TSX: FM; US-OTC: FQVLF) Cobre Panama copper-gold project in Panama, despite concerns of softer metal prices and a tightening of the company’s purse…
VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and money in sketching out a promising development scenario at its rebranded Stibnite gold project, 16 km east of Yellow Pine, Idaho. The company’s…
U.S. equities got off to a good start in February, helped by a positive jobs report and higher oil prices. The S&P 500 Index rose 60.48 points, or 3%, to 2,055.47, while the Dow Jones Industrial Average soared 659.34 points, or 3.8%, to…
VANCOUVER — It’s hard to find a better value-builder over the past decade than Franco-Nevada (TSX: FNV; NYSE: FNV), which essentially pioneered the royalty-stream finance model in its previous incarnation and has seen its share…
VANCOUVER — According to Coeur Mining (TSX: CDM; NYSE: CDE) president and CEO Mitchell Krebs, the company’s proposed friendly takeover of junior Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) is one of the…
True Gold Mining (TSXV: TGM; US-OTC: RVREF) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap-leach operation…
The S&P 500 Index posted its biggest weekly decline since March 2012, as anxiety about weak global economic growth in Europe and China and concerns about the winding down of the U.S. Federal Reserve’s bond-purchasing program drove…
Coeur Mining (TSX: CDM; NYSE: CDE) is steadily turning the corporate ship back towards profitability. The largest U.S.-based primary silver producer has spent nearly three years in transition — navigating choppy metal prices and financial…
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