AGADIR, MOROCCO — Mosaic (NYSE: MOS) may be the largest producer of finished phosphate products in the world, with four phosphate-rock mines, three processing plants in Florida and a second plant in Louisiana, but permitting new mines or…
The U.S. Federal Reserve’s surprise announcement to maintain its stimulus program helped lift Toronto markets during the trading week.
Lower gold prices, operational problems and a two-year delay in approving its indigenization plan has resulted in a “serious liquidity problem” and the closure of its majority owned Dalny mine in Zimbabwe, New Dawn Mining (TSX: ND)…
Denison Mines (TSX: DML; NYSE-MKT: DNN) has tabled a superior all-share bid for Rockgate Capital (TSX: RGT), a week before Rockgate shareholders are set to vote on a merger with Mega Uranium (TSX: MGA), claiming…
A preliminary economic assessment of the 55 zone at Roxgold’s (TSX: ROG; US-OTC: ROGFF) Yaramoko exploration permit in Burkina Faso, 200 km southwest of the capital city of Ouagadougou, demonstrates an after-tax internal rate of return of…
Shares of Roxgold (TSXV: ROG; US-OTC: ROGFF) took flight after the junior increased the indicated resource for the 55 zone gold deposit on its Yaramoko exploration permit in Burkina Faso by 143%, where the company expects to complete a…
The S&P/TSX Composite Index fell during the trading week amid concerns that Western countries would intervene militarily in Syria’s civil war. Toronto’s main index plunged 108 points to finish the week at 12,653.90.
A recently reported leak at the Fukushima nuclear plant in Japan has reawakened concerns over the development of new nuclear reactors in the country, with most experts agreeing that any renewed build-up will likely be put on hold until the…
VANCOUVER — Gold Fields (NYSE: GFI; JSE: GFI) is preparing for a future of US$1,300 per oz. gold by restructuring all of its operations — and potentially closing some — to bring its production costs back below the gold price,…
VANCOUVER — Producer B2Gold (TSX: BTO) has been one of the better performing gold equities over the past couple of months, as shares have jumped 52%, or $1.05 per share on the back of consistent production and a strong balance sheet.
Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…
Despite posting a second-quarter loss of US$28.4 million compared to a US$52.9-million profit a year ago, Iamgold (TSX: IMG; NYSE: IAG) says its operations are performing as expected, as it reins in spending amid declining quarterly revenues,…
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