Analysts see quiet copper market in 2014
VANCOUVER — Increasing mine supply, limited demand and concentrate stockpiles in China have analysts predicting a subdued year for copper in 2014.
2013
Gold slide to continue in 2014?
VANCOUVER — Barring some kind of global economic disaster this month, 2013 will end with the gold price down markedly. It will be the first year-over-year decline for the yellow metal since 1997 — and many expect the trend to…
Semafo good to go with Siou and Fofina
Authorities in Burkina Faso have given Semafo (TSX: SMF; US-OTC: SEMFF) the go-ahead to develop its Siou and Fofina gold deposits sooner than expected.
Castle Mountain completes maiden resource
Research analysts Joe Mazumdar and Scott McLean of Canaccord Genuity in Vancouver have raised their target price on Castle Mountain Mining (TSXV: CMM) to $1 per share and added the company to the Canaccord Genuity Focus List, after the…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 3, 2013Precious MetalsPrice…
TSX Venture Exchange, Nov. 25-29
The S&P/TSX Venture Composite Index finished in the green for the first time in nearly a month during the trading period, as it rose 2.74 points en route to a 934.89-point close. Markets were bolstered late in the week by rising metal…
Platinum, palladium markets to remain in deficit: Johnson Matthey
The markets for platinum and palladium will likely be in a deficit in 2014, according to a report by London-based Johnson Matthey.
Augusta shares whipsawed on EPA commentary
Shareholders of junior outfit Augusta Resource (TSX: AZC; NYSE-MKT) got a little skittish after the release of a letter from the U.S. Environmental Protection Agency (EPA) by non-government organization Save the Scenic Santa Ritas (SSSR), a…
Kinross sees earnings decline despite strong production
VANCOUVER — Toronto-based producer Kinross Gold (TSX: K; NYSE: KGC) is trying its best to adjust to precious-metal markets, but lower-than-anticipated gold prices keep cutting into the company’s earnings. Kinross has, however, taken…
PotashCorp cuts workforce by 18%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is reducing its workforce by 18% amid soft crop-nutrient demand from developing markets.
Trevali poised to benefit from zinc’s revival
VANCOUVER — In a market where raising even a few million dollars is tough, Trevali Mining (TSX: TV; US-OTC: TREVF) is busy filling a $46-million bought-deal financing, adding to a balance sheet that in the last 14 months already saw $16…
B2Gold stays strong through typhoon turmoil
B2Gold (TSX: BTO; NYSE-MKT: BTG) may have escaped the worst of Typhoon Haiyan in the Philippines, but it isn’t forgetting those who didn’t.