VANCOUVER — Copper-gold producer Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has been on a strong run over the past eight weeks after promising press releases for its large-scale Oyu Tolgoi mine, 550 km south of Ulaanbaatar, Mongolia.
The S&P/TSX Venture Composite Index succumbed to falling commodity futures and global macroeconomic uncertainty during the trading period, dropping 2.60 points before closing at 689.85 points.
Many people try to find a correlation between inflation and gold price, often using the U.S. dollar as their base currency. They ignore that the biggest gold consumers — in rural parts of India and China — are not driven by…
TSX Short Positions Short positions outstanding at May 31/15 (with changes from May…
Just a month and a half behind schedule and three weeks after the World Health Organization (WHO) marked the end of the Ebola outbreak in Liberia, Aureus Mining (TSX: AUE; LSE: AUE) celebrated the first gold pour at its New Liberty open-pit…
The following is an edited summary released by the World Gold Council based on their Gold Demand Trends report for the first quarter. For more information, please visit www.gold.org.
VANCOUVER — It’s a tale of two B.C. mines for producer Thompson Creek Metals (TSX: TCM; NYSE: TC). The company is achieving operational reliability at its low-cost Mount Milligan copper-gold asset, and it also put its Endako…
The first day of June saw the coming into force in Canada of the Extractive Sector Transparency Measures Act, which compels extractive companies to publicly report any significant payments they make to governments at home and abroad.
YAMOUSSOUKRO, CÔTE D’IVOIRE — Past the hazy black smoke in the West African commercial city of Abidjan, Côte d’Ivoire, is a lush green jungle that inexplicably covers an ancient craton teeming with gold.
Uncertainty over Greece’s debt talks and a first-quarter contraction in the U.S. economy pushed stock indexes lower. Markets closed for the Memorial Day holiday, but when they reopened, the Dow Jones Industrial Average dropped 1.2% to…
Growing up in Zimbabwe after World War II, completing an engineering degree at the University of Witswatersrand in Johannesburg, and working at Jones & Wagener, a specialist firm of consulting engineers and scientists based in South Africa,…
The S&P/TSX Venture Composite Index lost ground, dropping 1.6%, or 11.03 points, before finishing at 692.45 points. The performance followed poor first-quarter results from the U.S. and Canadian economies, which both contracted over the…
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