Gold down nearly 3% as eurozone troubles fade from headlines and focus shifts to US fundamentals, rampant dollar and a likely June rise in interest rates.
Given that Gold is priced in US$ and that Gold has shown strength in real terms, sustained US$ weakness could be a major boon for Gold and precious metals as a whole.
Production at the largest active coal mines in the Illinois Basin declined slightly in the fourth quarter of 2014 from the previous quarter, but full-year 2014 production was 4.6% higher than the previous year, reflecting continued strong demand for coal from the region.
The Saskatoon-based miner also hiked its quarterly dividend 9% to 38 cents per share.
Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.
The U.S. No.1 coal producer projects a much wider-than-expected loss for the current quarter.
The U.S. largest miner by market value and revenue has already slashed its capital budget for the year by $2bn and it is ready to make further cuts.
CAT keeps slashing costs as it tries to offset issues out of its control, such as the falling price for everything from iron ore to oil.
According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.
Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.
It also said it has reduced its net debt balance by more than $400 million.
Don't expect Europe's QE bazooka to lift gold prices much says new report.
Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.
December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.
As the polar vortex froze much of the U.S. at the beginning 2014, the period of intense cold created demand, supply and transportations factors that led to the highest prices for power and spot gas seen over the past five years.
TSX-Venture junior Sutter Gold Mining cannot explain the sudden surge in more than 10-times usual trading volumes.
The mine generated 20.3 million ounces (moz) of silver contained in concentrates recovered from 1.246 million tonnes of ore at an average grade of 585 grams per tonne (gpt).
The situation may soon change, as authorities have began talks with the country’s top miners, signalling the possibility of a compromise over the country’s new tax regime.
Gravel pit won't significantly impact "viewshed and soundscape" from the cabin on the 26th president of the USA's North Dakota's badlands ranch.
Price volatility, geopolitical turmoil, rising costs, declining grades and a general lack of financing will make of 2015 another challenging year for the sector.
Over just two days the copper price rout has slashed $134 billion off the value of the reserves of the world's largest producers.
Copper tumbled Wednesday to fresh six-year lows, dipping below $5,500 a tonne. Stocks in miners of the industrial metal are getting hammered.
According to the Conference Board of Canada, the province faces more than just a slowdown.
The project is sitting on one of the largest undeveloped coal deposits in North America,
Paul Vining will become CEO of an affiliate of Cline Group, focused on the acquisition and operation of coal mines outside of the U.S.
Part of the firm's CH800 series of mining cone crushers, the two models aim to help improve productivity and profitability in the mid-range segment.
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