Net mining revenues in British Columbia came in at $7.3 billion in 2016 up from $6.3 billion in 2015 driven by an increase in gross mining revenue and a decrease in costs for smelting, refining charges, and freight costs, says PWC in its BC mining report it released today.Authors of the report say that the BC mining industry is cautiously optimistic as prices of key metal and resource commodities...Read More
Mining companies, including copper producers, will continue to shape their investment decisions and production plans based on government regulations, which are increasingly becoming very focused on sustainability and communities well-being, a study released Tuesday shows.According to the report, commissioned by the International Copper Association (ICA), the increasing demand for efficient build...Read More
BHP's chief executive Andrew Mackenzie had some "words of wisdom" for activist investor Elliott Management on Tuesday, as he addressed a mining-savvy audience at a Bank of Merrill Lynch conference being held in Barcelona, Spain.The head of the Melbourne-based firm, which only yesterday announced a $10 million rebranding campaign that will see it become simply "BHP," assured investors he could li...Read More
(Updates with U.S. markets, changes dateline from previous LONDON)* Oil flat as traders await data* S&P 500, Nasdaq touch record high before retreating* Dollar hit by Trump's disclosure, economy concernBy Rodrigo CamposNEW YORK, May 16 (Reuters) - The U.S. dollar index touched its lowest since early November on Tuesday, hurt by weaker than expected U.S. housing data and concerns after political tu...Read More
Investing.com - Gold prices inched higher in European trade on Tuesday, trying for its fifth-straight winning session as signs of slowing economic activity in the U.S. saw investors temper expectations for more rate hikes by the Federal Reserve.Comex gold futures rose around $5.00, or about 0.4%, to $1,235.10 a troy ounce by 2:50AM ET (06:50GMT). Meanwhile, spot gold was at $1,235.30.The yellow me...Read More
(Updates prices, changes comment)* Worries over cyber attack result in stock buying* Commodity-linked currencies rise* S&P 500 hits record highBy Rodrigo CamposNEW YORK, May 15 (Reuters) - Commodity-linked stocks and currencies got a lift on Monday from rising crude oil prices after major producers Saudi Arabia and Russia said they would extend oil supply cuts into 2018.Cyber-security shares also...Read More
Palisade Research May 16, 2017 Category: Research Mexican Gold (CVE:MEX, FRA:4QW1) is currently preparing its maiden resource and our internal estimate pegs it to be between 750,000 and 1.0 million ounces of gold equivalent.Yesterday, Mexican Gold announced the result from its sole step-out drill hole, LM-17-CS-04, and we consider it to be the biggest news the company has put out since the disco...Read More
Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperformance against the stock market so far in 2017. This despite trouncing expectations as upstream 'delivered' for the first time in nine quarters.What do they have to...Read More
Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperformance against the stock market so far in 2017. This despite trouncing expectations as upstream 'delivered' for the first time in nine quarters.What do they have to...Read More
Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperformance against the stock market so far in 2017. This despite trouncing expectations as upstream 'delivered' for the first time in nine quarters.What do they have to...Read More
Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperformance against the stock market so far in 2017. This despite trouncing expectations as upstream 'delivered' for the first time in nine quarters.What do they have to...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperf...Read More