Since the beginning of the year, prospect-generator Arena Minerals (TSXV: AN) — whose shares traded at only 17¢ at press time — has enticed two heavyweight players in the mining industry to sign option agreements on parts…
Short positions outstanding at Aug. 15/15 (with changes from July 30/15).
The S&P/TSX Venture Composite struggled late in the week despite a jump in gold futures, as it dropped 3.39 points en route to a 573.21-point close. Energy and base metal futures finished in the red, and the Chinese currency devaluation…
VANCOUVER — Diversified energy producer Canadian Natural Resources (TSX: CNQ) took a loss during the second quarter after a corporate tax increase in Alberta, and it isn’t the only outfit in the oil and gas space feeling the…
VANCOUVER — IDM Mining (TSX: IDM; US-OTC: RVRCF) has taken a step toward production at its Red Mountain gold project — located 15 km northeast of Stewart, B.C. — after cleaning up its balance sheet and closing a private…
The surprise devaluation of China’s currency on Aug. 11 pulled many base metal prices lower on fears that demand from the world’s largest buyer of metals would fall. The price of safe-haven gold, by contrast, rose 1.8% to finish at…
Vietnam is poised to transform its electrical power generation mix over the next two decades, as it modernizes the country’s agrarian economy to become a more industrialized nation. To accommodate greater industrial expansion and support…
VANCOUVER — Vanguard executive chairman of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) Robert Friedland took to the stage at the Sprott Natural Resource Symposium in Vancouver in late July, and delivered a talk about why he believes copper…
VANCOUVER — There’s no sign of slowing down for junior explorer NexGen Energy (TSXV: NXE) at its Arrow uranium deposit in the southwestern part of the Athabasca basin in northern Saskatchewan, as recent drilling has tripled the…
The downturn in the mining industry isn’t generating many good news stories these days, but one exception is the promise of untold riches from an undeveloped high-grade gold deposit in the Chilean Andes.
A mixture of indicators puzzled investors in U.S. equities, as positive economic data suggested the Federal Reserve would raise interest rates in September, while China’s devaluation seemed to lessen the odds that the U.S. central bank…
A year ago, South Africa’s Exxaro Resources (JSE: EXX; US-OTC: EXXAY) agreed to pay US$472 million to acquire 100% of Total’s (NYSE: TOT) South African thermal coal unit Total Coal South Africa Pty., which includes a majority…
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