It was a good week for U.S. equities. The Dow Jones Industrial Average advanced 109 points to 16,662.91, while the broader S&P 500 Index jumped 23 points to 1,955.06. The tech-heavy Nasdaq Composite Index added 94 points to 4,464.93.
VANCOUVER — Cost cutting by the majors has been a painful necessity over the past few years, and Rio Tinto (NYSE: RIO; LSE: RIO) is no exception. But based on the results from the first half of 2014, the mega-miner’s focus on…
Ross Beaty isn’t the type of businessman who normally airs his grievances in public. But when two of his copper concessions in Poland were apparently revoked by the Polish government, he felt he had no choice.
The producer/director of an upcoming major motion picture based on the Bre-X Minerals fraud is in the final stages of financing and confirms he is in negotiations with an A-list Hollywood actor to play a lead role.
With a spinoff of its aluminum, manganese, nickel, silver and some of its non-core coal assets, BHP Billiton (LSE: BLT; ASX: BHP; NYSE: BHP) is driving to simplify its portfolio.
It was another week of major developments in the fast-moving story of Imperial Metals and the massive, 15-million-tonne tailings and waste-water breach at its Mount Polley copper–gold mine in central B.C.’s Cariboo region.
VANCOUVER — Since pioneering the stream financing model nearly a decade ago, Randy Smallwood and his team at Silver Wheaton (TSX: SLW; NYSE: SLW) have turned it into a multi-billion dollar business. It’s been around two years since…
The S&P/TSX Venture Composite lost ground during the shortened trading sessions, dropping 3.16 points en route to a 997.47-point close. Investors seemed to favour safe-haven instruments like gold and government bonds. Statistics Canada…
There have been several developments in the days since Imperial Metals (TSX: III; US-OTC: IPMLF) reported a disastrous tailings spill at its Mount Polley gold–copper mine, near the town of Likely, B.C., which sent nearly 15 million…
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year after a better-than-expected second-quarter profit of US$472 million.
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) hit mineralization in every one of the first 14 holes of its mid-year drill program at Patterson Lake South (PLS), continuing a drilling success story that has delineated shallow,…
Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.
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