The S&P/TSX Composite Index closed up 176 points to 12,892.11, as investors hoped for a resolution to the budget impasse south of the border. The situation was doubly bad for commodities, as lower U.S. bond prices pushed yields higher,…
U.S. markets climbed late in the week with signs that lawmakers might strike a short-term deal to avoid a debt default. The Dow Jones Industrial Average rose 1.09% to 15,237.11 and the S&P 500 advanced 0.75% to 1,703.20. Economists estimate…
The S&P/TSX Venture Composite Index lost 2.7%, or 26 points, before closing the trading week at 929.37 points. Metal and energy futures struggled as markets kept an eye on the U.S. debt impasse. Meanwhile, trade data out of China showed…
VANCOUVER — Things look to be heating up for junior explorer WCB Resources (TSXV: WCB) on the small island of Misima, 630 km southeast of Port Moresby, Papua New Guinea. The company has laid low for nearly a year, but it seems to have…
VANCOUVER — It’s a humbler market environment for mine developers, and Vancouver-based Sabina Gold & Silver (TSX: SBB) looks to have taken that into account with a more modest prefeasibility study (PFS) of its Back River gold…
Spot pricesCourtesy of ScotiabankTuesday, October 15, 2013Precious MetalsPrice…
After pretty much inventing the precious-metal-stream business back in 2004, Silver Wheaton (TSX: SLW; NYSE: SLW) has noticed the landscape getting more crowded.
VANCOUVER — North America needs lots of it, but doesn’t produce any. It is integral to a raft of important new technologies, from lithium-ion batteries to pebble-bed nuclear reactors. It is also the raw ingredient behind graphene,…
After discovering the Waterberg deposit in South Africa in 2011, Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) has expanded the project’s inferred resource three times in just one year: from 6.2 million oz. platinum, palladium and gold…
When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.
MARYSVALE, UTAH — Vancouver-based exploration company Western Pacific Resources (TSXV: WRP) is adding a new project to its portfolio with the acquisition of the Deer Trail mine, a polymetallic project with silver, gold, zinc, lead and…
A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…
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