Volume 101 Number 25 Aug 3 - 9, 2015


In the story “Taranis hopes to take Thor to the max” (T.N.M., July 20–26/15), FortyTwo Metals  — a subsidary of Roca Mines — had its debt incorrectly stated as $200 million, when in fact it  is estimated…

Guyana Goldfields' Aurora gold mine under construction in Guyana, 170 km west of the capital Georgetown. Credit: Guyana Goldfields.

Guyana Goldfields nears production at Aurora

Guyana Goldfields (TSX: GUY) is gearing up for production at its Aurora gold mine in Guyana this August, which will make it the newest gold producer in the South American nation.

Teck Resources' 80%-owned Greenhills metallurgical coal mine in southeastern British Columbia.  Source: Teck Resources

Teck chugs along, amid plunging coal prices

Teck Resources (TSX: TCK.B and NYSE: TCK) has posted decent second quarter results. But analysts remain cautious about the diversified miner’s path forward, amid weakening coal markets.

TSX feels the chill, July 20-24

Canada’s resource-heavy benchmark index took a beating as prices for gold, copper and oil touched significant lows. Weaker-than-expected economic data from China and the Chinese equities rout added fuel to the slide in commodity stocks,…

Wall Street tumbles, July 20-24

Weak corporate earnings and lower prices for commodities pushed down all three major U.S. indexes. The S&P 500 Index fell 2.2% to close at 2,079.65. The Dow Jones Industrial Average lost 2.9% to finish at 17,568.53, while the Nasdaq dropped…

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