US markets falter, Aug. 7-11
U.S. President Donald’s Trump threats last week to unleash “fire and fury” against the North Korean regime if it endangered the U.S. or its allies sent the Dow Jones Industrial…
Rio Tinto
US markets down, June 26-30
Real gross domestic product in the U.S. increased at an annual rate of 1.4% in the first quarter of 2017, down from 2.1% in the fourth quarter of 2016. Consumer…
US stocks rise slightly, June 12-16
The U.S. Federal Reserve raised its key interest rate by 25 basis points to between 1% and 1.25% — the second rate hike this year — sending the gold price…
US markets remain flat, April 3-7
U.S. President Donald Trump’s unexpected decision to launch a U.S. military strike on a Syrian government airbase on April 6 failed to roil markets in New York as expected, but…
IOC green-lights Wabush 3
Iron Ore Co. of Canada (IOC) is moving ahead with developing the Wabush 3 project, after a $79-million investment approval by its board. Wabush 3 — envisioned as a conventional…
SolGold adds weight to Cascabel
VANCOUVER — Sitting quietly behind a table in Australian explorer SolGold’s (LON-AIM: SOLG; US-OTC: SLGGF) booth at this year’s Association for Mineral Exploration Roundup convention in Vancouver, a 10-year-old girl…
Diamonds add sparkle to NWT’s economy
VANCOUVER — It’s been 25 years since diamonds were found in the Northwest Territories (NWT) at Lac de Gras, and Hendrik Falck, mineral deposits geologist from the Northwest Territories Geoscience…
US markets hit record highs, Feb. 6-10
U.S. markets touched record highs on continued uncertainty about U.S. President Donald J. Trump’s controversial polices, including a travel ban on seven predominantly Muslim countries that is being challenged in…
Dow breaks 20,000, Jan. 23-27
The Dow Jones Industrial Average closed above the 20,000 threshold three times during the trading week, and finished at 20,093.78, marking a 1.34% gain, while the S&P 500 Index rose…
Rio Tinto to sell Aussie coal assets for US$2.4B
An agreement to sell Rio Tinto’s (NYSE: RIO; LSE: RIO) Hunter Valley thermal coal assets in Australia to Yancoal Australia (ASX: YAL; US-OTC: YACAF) may come as no surprise to…
Greenstone buys majority of Coro Mining’s latest financing
A private equity firm specializing in the mining and metals sector run by former executives of Xstrata and J.P. Morgan has bought most of the shares that Chile-focused Coro Mining…
Rio Tinto faces scrutiny of African projects
Rio Tinto (NYSE: RIO) faces a new probe by U.S. regulators, according to the Financial Times. The London-based newspaper, quoting “sources close to the company,” reported that the U.S. Securities…