http://www.miningweekly.com

Global Mining News in real time

Henry Lazenby

Henry Lazenby

Henry Lazenby is Creamer Media Deputy Editor: North America for Mining Weekly.

Tel: +27 11 622 3744 / +1 647 352 1305

Email: newsdesk@engineeringnews.co.za / henry@miningweekly.com

 

Mining stocks resemble ‘a big Walmart sale’ as low commodity prices persist

12th February 2016 Sentiment remains negative about the mining and oil and gas industries as the supercycle nears a protracted potential bottom, resulting in dwindling market capitalisations for companies large and small and cruelly undervalued stock prices – creating a buyer’s market for the savvy investor. CEO... 

Positive PEA proves Gold Reach could develop BC project

12th February 2016 TSX-V-listed Gold Reach Resources this week announced the results of a preliminary economic assessment (PEA) on its 100%-owned Ootsa copper/gold/molybdenum project, located in west-central British Columbia, pointing to a profitable operation despite the depressed gold-price environment. Gold... 

Orbite back on track with plant commissioning after resolving supplier dispute

12th February 2016 The list of items to be done before full commissioning of Quebec-based clean-tech firm Orbite Technologies’ new commercial-scale high-purity alumina (HPA) plant can stat has become short and straightforward, chief executive Glenn Kelly said on Thursday, after the company managed to resolve a... 

Peabody stock sinks to 1-yr low on disappointing Q4

12th February 2016 US coal producer Peabody Energy has reported a net loss of $518-million, or $28.43 a share for the three months ended December 31, as slowing global economic growth drove a wide range of commodity prices lower in 2015, resulting in the largest broad commodity market decline since 1991. Seaborne... 

Mining stocks resemble ‘a big Walmart sale’ as low commodity prices persist

12th February 2016 Sentiment remain negative about the mining and oil and gas industries as the super cycle nears a protracted potential bottom, resulting in dwindling market capitalisations for companies large and small and cruelly undervalued stock prices – creating a buyer’s market for the savvy investor. Chief... 

Global diamond output by value expected to shrink 10%

12th February 2016 Despite efforts by diamond majors De Beers and Rio Tinto to curb global diamond supplies, lower output is forecast to be offset by stable Russian production, new mines, and production increases by Dominion Diamond Corp and Petra Diamonds, according to independent industry analyst and consultant... 

Agnico Eagle beats Q4 expectations

11th February 2016 Agnico Eagle on Wednesday reported an adjusted profit of $3.9-million, or $0.02 a share for the fourth quarter of 2015, beating analyst expectations of nil a share. The Toronto-based miner reported a net loss of $21.3-million, or $0.10 a share, despite rising gold sales. 

Teck turns a profit in low commodity price environment

11th February 2016 Canadian diversified miner Teck Resources surprised markets on Thursday with better than expected fourth-quarter earnings, beating analyst expectations by C$0.03 a share. However, the Vancouver-based miner reported a net loss of C$459-million in the fourth quarter, as it booked after-tax... 

Engineers Without Borders working towards establishing local procurement reporting standard

10th February 2016 The Mining Shared Value initiative of Engineers Without Borders Canada (EWB) has partnered with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to work with international mining companies in establishing a measurement and reporting standard for local procurement by the... 

Anaconda options two more Newfoundland and Labrador properties

10th February 2016 Junior gold producer Anaconda Mining has struck two option accords with explorer Spruce Ridge Resources to acquire a 100% interest in the Viking property and the next-door Kramer property, in the company’s first step out from its Point Rousse stronghold, located on the nearby Ming's Bight... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 17.88Change: 0.10
R/$ = 15.79Change: 0.02
Au 1243.31 $/ozChange: -10.44
Pt 956.00 $/ozChange: -6.50
 
Subscribe Now for $149
Subscribe Now for $149 Close