Wednesday, February 22, 2017

c) Mining Equities

These 10 companies spend most looking for gold, copper

A new report by SNL Metals and Mining on exploration spending by the largest mining companies, documents the shifting sands in the mining industry last year as the sector began to...

Teck swings to profit in Q4 but misses expectations

Canada's largest diversified miner Teck Resources (TSX: TCK.A, TCK.B) (NYSE:TCK) reported Wednesday a net profit of $697 million for the fourth quarter of 2016, a welcomed turnaround from the year-ago loss, when it recorded...

Northern Dynasty stock hammered by short-seller report

Shares in Canadian miner Northern Dynasty Minerals (TSX:NDM) fell Tuesday as much as 40% in Toronto after a short-seller’s report said its Pebble copper-gold project in Alaska was “worthless.” While the Vancouver-based miner...

Seabridge Gold to acquire Snowstorm Project

Seabridge Gold Inc. (TSX:SEA) (NYSE:SA) announced today that it has entered into a letter of intent setting forth the terms under which it has agreed to purchase a 100% interest in...

Freeport halts Grasberg mine, begins sending workers home

Shares in Freeport McMoRan Inc (NYSE:FCX), the world's largest listed copper miner, were down 1% in pre-market trading Tuesday on the company’s decision to halt operations at its Grasberg mine in...

Gold price holding as U.S. Treasuries dumped in record volumes

If you’re one of the throwback gold enthusiasts likely to now number in the hundreds judging be mainstream media’s portrayal of “gold bugs”, you’re likely enjoying the apparent strength in the...

Weak finish for the Canadian Mining Eye Index in Q4 — EY

EY’s Canadian Mining Eye index declined 13% during Q4 2016. This is predominantly due to weakness in gold and nickel prices, offset partially by gains in both copper and zinc prices....

Gold miners hammered by metal’s biggest one-day loss this month

Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month. Gold...

Oreninc Index rebounds as cash pours into juniors

The Oreninc Index rebounded in the week ending February 10, 2017 to 90.26 from 76.28 the previous week. Gold had another strong week consolidating over the $1,200 USD mark and continuing...

Newcrest doubles first-half profit, to pay divvy

Australia’s biggest gold producer, Newcrest Mining (ASX:NCM) posted some positive figures Monday, with first-half profit more-than doubling and news of an interim dividend to be paid. The miner attributed the good results...

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