Base metals, ferrous and crude all "clawed back some of the day's losses in the late afternoon", Marex Spectron's Dee Perera on the LME desk noted.The positive vibes sent the gold price lower, to about US$1,509 an ounce on the spot market earlier.Wesdome Gold (TSX: WDO) was the only gold equity to gain on the S&P/TSX Composite Index yesterday.It closed up 3.65% after announcing a significant i...Read More
FPX regained the asset, close to Centerra Gold's Mount Milligan gold-copper operation, when it paid US$4.Read More
Pizimolas is Orexplore's new general manager APAC.He also worked as general manager of SGS rival ALS's global mine site services business and has more than 20 years' experience as a metallurgical engineer."I strongly believe in the power of digital core tomographic imaging and the need to progress to more real time information from drilling than has previously been available," Pizimolas said. "The...Read More
Come with me for a quick look in the rearview mirror on a career of courage, risk, and outrageous market calls.When I started Angel Publishing (the parent publisher of Energy and Capital) on January 1, 2004, my intention was to launch an entirely unique investment research company - one whose purpose was to identify trends years before Wall Street caught on and way before they entered into the mai...Read More
Wendy Adams, research associate professor of physics at Colorado School of Mines, has been elected a fellow of the American Physical Society.Fellowship in APS recognizes members who have made exceptional contributions to physics research, applications of physics, leadership in or service to physics, or significant contributions to physics education. Each year, no more than one-half of one percent...Read More
Since picking up the Waihi property in New Zealand from Newmont for US$100 million four years ago, OceanaGold (TSX: OCG) has extended the mine life of its Correnso underground gold mine by three years generating US$200 million of free cash flow.It has also fully permitted a new underground mine that it is building about 1-2 km away, and which it hopes to put into production by 2021. The undergroun...Read More
"I am not in agreement with a state company that invests in mining because it is a high-risk investment.Read More
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