Premier Gold Mines (PG-T) has completed a much-anticipated resource estimate on the Trans-Canada project in the Beardmore-Geraldton greenstone belt. The resource estimate represents the first consolidated results of the four gold deposits…
The holidays brought cheer to Canadian investors, and the S&P/TSX Composite Index was up 54 points to 12,433.53 for the period, with equities still climbing at press time.
Christmas holidays kept things fairly quiet on the S&P/TSX Venture Composite Index over the trading period, though the board notched small gains each day to end the session up 24.1 points at 1,201.84. Trading volumes were subdued, averaging…
U.S. stocks ended the trading week in the red, as expectations that a deal would be made to avoid the fiscal cliff temporarily wavered.
With demand for steel in Europe tumbling about 8% in 2012 and a cumulative 29% since 2007, Luxembourg-based steel maker ArcelorMittal (MT-N) has decided to sell a 15% stake in ArcelorMittal Mines Canada to an Asian consortium — including…
After a two-year regulatory battle, J.P. Morgan Chase (JPM-N) has won approval from the U.S. Securities and Exchange Commission (SEC) to launch an investment vehicle that tracks the price of copper.
Spot pricesCourtesy of ScotiabankWednesday, January 2, 2013Precious MetalsPrice…
BMO Capital Markets’ research team is shaking things up this new year.
Copper Mountain Mining (CUM-T) is giving guidance that its copper production for 2013 from its namesake mine in southern B.C. will be 80 million lb. — a number that falls within analyst expectations.
The new year kicking off with ArcelorMittal selling 15% of its Labrador Trough iron ore assets underscores the realignment in iron ore assets that has been going on around the world in recent months. Arcelor is selling the 15% stake for a cool…
It has not been a good year for coal. Australian coal loaded at the port of Newcastle, a leading benchmark for global thermal prices, started the year at US$125 per tonne. Today it is worth just US$90 per tonne, a decline of almost 30%.
The Wabauskang First Nation is getting more forceful in opposing Rubicon Minerals (RMX-T, RBY-X) and its Phoenix gold project in Red Lake, Ont.
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