Osisko Mining Reports Higher Q3 Net Profits on Record Gold Production

Osisko Mining Corporation (OSK.TO) reported that it generated a net profit of $26.2 million ($0.07 per share) during the third quarter of 2012 versus a net profit of $9.3 million in the third quarter of 2011 ($0.02 per share). Analysts expected $0.05 per share.

Nasdaq | November 13, 2012 | 7:47 pm

Market Chatter: Oil India Eyes Stake in ConocoPhillips’ Canada Oil Sands

State-run explorer Oil India is looking at buying stake in ConocoPhillips' (COP.N) oil sand assets in Canada, as well as the Gabon assets of France's Maurel et Prom, Finance Director T.K. Ananth Kumar said on Monday.

Nasdaq | May 28, 2012 | 2:53 pm

Centerra Gold shares slump on weak earnings

Centerra Gold Inc. (CG.TO) shares fell 6% today after the company reported a net loss of US$14 million or six cents per share compared with a profit of US$136 million or 58 cents per share a year ago.

Nasdaq | May 16, 2012 | 8:04 pm

Teuton options Tennyson gold-copper property in $7.5 million deal

Teuton Resources Corp. (TUO.V) today announced that it has optioned its Tennyson gold-copper property to a private company in the Hunter Dickinson Inc. group. The property is located north of Stewart in the Eskay Creek-Sulphurets-Premier region of...

Nasdaq | February 27, 2012 | 3:08 pm

US job growth ripples to Chinese copper and ore

Nothing is so salutary for the Chinese economy as growth in the United States, and nothing is so good for copper and iron ore prices as a strong Chinese economy. The recent drop in the U.S. jobless rate rippled across the world to these metals, and their exchange traded funds gained as a result.

Nasdaq | February 5, 2012 | 2:17 pm

UPDATE: Gryphon Gold Falls Sharply in the Morning; Appoints Interim CEO and Director; Shakes-Up Management

Gryphon Gold Corporation (GGN.TO) saw sharp losses in the morning trade, down 24% to 17 cents with more than 838,000 shares changing hands.

Nasdaq | February 3, 2012 | 3:17 pm

When hedge fund managers speak of “deleveraging,” buy gold (GLD)

Robert Prince, head of Bridgewater Associates, the largest hedge fund in the world, says his fund is long gold (GLD) because the global economy is in a "deleveraging" process that would take decades. But what does this really mean for traders?

Nasdaq | January 14, 2012 | 7:00 pm

Canadian Zinc Raises $2.5 Million for Exploration Expenses

Canadian Zinc Corporation (CZN.TO) edged up almost 2% to 69 cents from yesterday's 68 close, trading just 3 cents above 20-day SMA, after announcing today that it has closed its previously announced private placement of over 3 million flow-through common shares at a price of $0.75 per share for gross proceeds of $2.5 million.

Nasdaq | December 30, 2011 | 3:34 pm

Court orders world’s largest gold producer to pay $140,000 for death of miner at Belle Mine

The Perth, Australia, Magistrates Court fined Barrick Gold $140,000 Thursday for the death of miner Daniel Williams in August 2009. Williams fell into an ore chute at the underground mine of Barrick's Kanowna Belle gold mine near Kalgoorlie.

Nasdaq | December 23, 2011 | 5:08 am

Peregrine Diamonds regains previous luster after BHP reassures firm it still is committed to Chidiak project

Peregrine Diamonds Ltd. (PGD.TO) has traded as much as 24% higher today and is currently at 75 cents a share, up 19%, after being told by BHP Billiton in recent days that the mining giant still intends to participate in Peregrine's 2012 exploration program at Chidiak on Baffin Island, Nunavut.

Nasdaq | December 1, 2011 | 6:13 pm

Commodities finish higher; crude futures rise 1.6 pct while gold ends with second consecutive gain

Commodities closed higher as crude oil futures finished with gains, while gold was helped by a weaker dollar to end atop $1,700 an ounce.

Nasdaq | November 29, 2011 | 8:27 pm

Harry Winston Diamond Corp Provides an Interim Trading Update

Harry Winston Diamond Corporation (HW.TO) announced the first two months of the third quarter have seen the jewelry and watch sales continue to increase. It said sales have been particularly strong in the US and Japan while Chinese customers represent ...

Nasdaq | October 11, 2011 | 8:02 pm

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