Another week, and we present yet another issue filled with talk of writedowns, dividend cuts and CEO exits among the majors. It’s been the theme of much of the producers’ side of the industry these past few months.
On Feb. 5, 2013, broad amendments to the Corruption of Foreign Public Officials Act (CFPOA) were tabled in the Canadian Senate through Bill S-14, which will effectively bring Canada’s anti-corruption regime more closely in-line with the…
VANCOUVER — Drills at Continental Gold’s (CNL-T) Buritica project in Colombia keep hitting new areas of high-grade gold and silver, but a resurgence of violence in the country following the end of a two-month FARC ceasefire is…
Paladin Energy (PDN-T) had to set the record straight.
VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper…
The TSX Composite Index was off 103 points to 12,686.63 for the Feb. 11-15 period as market activity unfolded in anticipation of a G20 meeting set on addressing the emerging theme of currency wars — where one country lowers the value of…
VANCOUVER – After a rough couple of years, uranium seems primed for a comeback.
The S&P 500 index ended in positive territory for the seventh week in a row with a small gain of 0.12% to 1,519.79. The last time the index enjoyed a seven-week run was between December 2010 and January 2011. The other indexes didn’t…
VANCOUVER – Keegan Resources (KGN-T) and PMI Gold (PMV-T) have scrapped plans to merge after it became clear that PMI shareholders were not going to approve the deal.
VANCOUVER — The S&P TSX Venture Composite Index lost 1.7% or 20.16 points during the Feb. 11-15 trading sessions en route to a 1,185.65 point weekly close. Canadian stocks were weighed down by falling commodity prices, and further…
Mining has always been a very risky but high reward industry. But times have certainly changed to today, when shareholders tend to ignore the high risks and expect grandiose success regardless. But, despite the risk that won’t go away,…
Investors were beating up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
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