Thermal coal prices recently touched a five-and-a-half-year low of US$62.25 per tonne, and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The…
Free-digging saprolite and favourable metallurgy at African Gold Group’s (TSXV: AGG; US-OTC: AGGFF) Kobada open-pit gold project in Mali will help keep a lid on costs, according to an updated preliminary economic assessment, which…
African Barrick Gold — now called Acacia Mining (LSE: ACA) — has signed an earn-in agreement with Sarama Resources (TSXV: SWA) on its South Houndé project in Burkina Faso and approved an underground mining…
An expected surge in the platinum price failed to materialize in 2014 because of a strong U.S. dollar and weak South African rand, say mining analysts with CIBC World Markets, who are slashing their platinum price forecast for 2015.
Lundin Mining (TSX: LUN; US-OTC: LUNMF) now has another commercial mine in its growing roster of operations.
Iamgold (TSX: IMG; NYSE: IAG) is trimming the fat on its balance sheet, with hopes of returning to a cash flow positive position next year.
VANCOUVER — Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is facing a lawsuit in the B.C. Supreme Court alleging it was complicit in the use of forced labour by local contractors at its Bisha copper-gold operation in Eritrea in East Africa….
Vancouver-based gold junior True Gold Mining (TSXV: TGM) likes to get things done quickly.
VANCOUVER — Volatile gold markets have shifted the goal posts for miners, and South Africa’s AngloGold Ashanti (NYSE: AU) has responded by streamlining operations and getting a better grasp on its balance sheet. The company has…
The S&P/TSX Composite Index gained for the fourth straight week, up 77.51 points to close at 14,690.83. Gold and diversified miners both added 10 points, with the S&P/TSX Global Gold Index ending at 144.86 and the S&P/TSX Capped…
VANCOUVER — Producer B2Gold (TSX: BTO; NYSE-MKT: BTG) has made a name for itself through its operational acumen in tough jurisdictions, but ongoing ramp-up issues caught up to the company during the third quarter.
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