S&P launches global base metals index

Index compiler Standard & Poor's (S&P) on Thursday launched its new S&P/TSX Global Base Metals Index, which aims to provide investors with an investable index of global securities involved in the production or extraction of base metals. The new...

Gold, silver recovery 'exceeding expectations' at Mexico mine

The recovery rates being achieved at Minefinders' Dolores mine, in Mexico, are “exceeding expectations”, the company reported on Tuesday. Minefinders said it produced about 14 169 oz of gold and 282 429 oz of silver in the first three months...

North American gold stocks rise on SA woes

Investors sought out Canadian and US gold-miners on Friday morning, after news that large-scale producers in South Africa, now the world's second-biggest source of the precious metal, were closing mines because of power shortages in the country.

Gold stocks sizzle

Gold-miners put in a strong performance on Thursday, buoyed by record prices achieved by the yellow metal in post-year-end trade this week.

Great Basin joins new S&P/TSX mining index

TSX- and JSE-listed gold junior Great Basin Gold (GBG) has been included in the S&P/TSX Global Mining Index, which was launched on June 12, it said on Wednesday.

South African companies feature in new Canadian mining index launch

The launch, last weeky, of the Toronto Stock Exchange (TSX)�s global mining index, has been welcomed as opening up exposure for mining investors in the world, including South African companies.

Falconbridge adds to Canada's shrinking stock market

Canadian companies are increasingly being targeted in international acquisitions, and the takeovers are making it harder for institutional investors to fill their funds with local stocks.

SA-linked uranium company included in S&P-TSX index

Canadian uranium and gold resource Uranium One was added to the Standard & Poor (S&P)/TSX Composite Index, effective from last week Friday.

Real-time global gold index by year-end

Index provider Standard & Poor's and TSX Group have announced plans to create the first real-time global gold index, which will be available by the end of the year.

Placer raises $500m in debt for Tanzania mine

Placer Dome, the world's sixth biggest gold producer, said on Tuesday it will raise $500-million in debt to refinance costs related to a Tanzanian gold mine it bought during the summer.

Canadian miner added to S&P index

Candian miner, SouthernEra Resources has announced its admission to the S&P/TSX Composite Index.