Miners shed more non-core assets in the new year to help free-up capital, with Anglo American (AAL-L, AAUKY-Q) and Cliffs Natural Resources (CLF-N) selling their stakes in the Amapa iron ore operation in northern Brazil.
A decade ago gold was worth less than US$300 per oz., and gold producers were desperate to attract investors. One method they developed was to report gold-production costs using a minimalist metric, making their potential for profit seem larger.
Increasingly, corporate management structures and areas of accountability no longer follow the strict political boundaries that define countries.
VANCOUVER – A decade ago gold was worth less than US$300 an ounce and gold producers were desperate to attract investors. One method they developed was to report gold production costs using a minimalist metric, thus making their potential…
Junior silver producer SilverCrest Mines (SVL-V) has discovered a new high-grade gold and silver zone that lies below and is parallel to the main mineralized zone that is being mined at its Santa Elena open-pit operation in Sonora, Mexico,…
SAULT STE. MARIE, ONT. — Superior Copper (SPC-V) is hoping to find a new mine beside an old one as it gears up for another round of drilling on its flagship Batchawana copper property.
VANCOUVER – For resource companies, it can be hard to keep investors interested during the lull between discovery and development. During those years the story shifts from exciting exploration results to endless studies of metallurgy,…
Toronto’s main index rose during the Dec. 31–Jan. 4 trading week amid strong jobs data.
VANCOUVER — The S&P TSX Venture Composite Index started off the New Year with a 2.2%, or 26.38 point, gain following four days of trading that culminated in a 1,228.22 point weekly close on Jan. 4.
The benchmark S&P 500 index reached its highest close since December 2007 during the holiday-shortened trading week, which saw politicians strike a deal of sorts to avert the fiscal cliff while data from the Institute of Supply…
VANCOUVER — Six months after Toronto-based Cline Mining (CMK-T) announced a suspension of operations at its wholly-owned New Elk metallurgical (met) coal mine outside of Trinidad, Colorado, the company is still searching for answers.
Short positions outstanding on Dec. 31/12 (with changes from Dec. 15/12).
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