Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.
Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.
Mobile e-commerce and payment solutions have been in the trough of disillusionment for awhile now, at least within the context of technology hype.
After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.
The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.
Cheap oil prices and the economic prosperity they bring can make politicians and investors look smarter than they are.
The programme known as Quantitative Easing is due to be halted at the end of October, coinciding with the next meeting of the Federal Open Market Committee which is scheduled for 28/29 October 2014.
The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.
Corvus Gold announces most significant drill results in terms of grading and width at 100%-owned North Bullfrog project 200km northwest of Las Vegas.
The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.
Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.
The World Diamond Council (WDC) has named Patricia Syvrud, founder and president of Joia Consulting, LLC, as its first Executive Director, effective October 31, 2014.
The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.
The National Energy Board said Kinder Morgan can conduct survey work at Burnaby Mountain, despite opposition from the city.
The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.
Exelon nuke closures would take a bite out of Illinois baseload power.
Recently, Barrick Gold Corp. invested in the Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ investment campaign, which launched last year and is a three-year undertaking to raise $7.5 million for regional economic development. Thanks to companies such as Barrick Gold, the endeavor is continuing to gain momentum.
Gold fell on Thursday as stronger-than-expected economic data and upbeat corporate results lifted stocks in Europe and the United States.
The move is seen by analysts as an attempt to strengthen the firm’s image.
The equipment maker beat analysts' expectations and the stock is skyrocketing in premarket trading.
Slumping oil prices are putting pressure on U.S. drillers.
As our prior series of articles endeavoured to convey, the rare earth space is complicated with many facets that need to be evaluated to properly assess the quality of a development project (mineralogy/metallurgy, grade/tonnage, rare earth element (REE) distribution, economics, infrastructure, jurisdiction, etc.).
The recession hit us hard, but like any iron-willed prizefighter, we rose off the mat, ready for the next round.
The equipment maker is scheduled to report third-quarter earnings Thursday.
It's expected to fetch in the $400,000 range.
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