Kinross Gold (K.TO) erased 19.46% of its value, with shares dropping to $10.65 a share on Tuesday, after it disclosed that it will take ". . . a material non-cash accounting charge, primarily relating to the goodwill recorded for the Tasiast mine in connection with the 2010 Red Back acquisition."
Success in the critical metals sector depends on finding the trends—how the metals will be used, where market share is allocated—and on familiarity with the companies you invest in, from who is on the management team to how much cash they have on hand.
Recently there has been much talk about the possibility of a war with Iran.
When it comes to picking gold mining names in the current market environment, John Stephenson, author and portfolio fund manager at First Asset Investment Management, believes that buying the "best of breed" is the way to go.
Given the challenges that we face as Indigenous Peoples in Canada, it's important to take a step back every now and again, if only so we make sure we know what exactly is being placed in front of us.
CTV reports the business-savvy Haisla First Nation presents a complex challenge to backers of the $5.5 billion Gateway pipeline project that would stretch for 1,170km to Kitimat in northern British Columbia while the Financial Post explains why Kitimat may have already received all the infrastructure investment it could absorb.
APART from being an employment provider for most people in the Northern Division, the bauxite mine in Bua also generated farming ideas for villagers.
Details emerging from investigations into Areva's purchase of African uranium miner UraMin are beginning to resemble a spy novel.
Reuters reports spot iron ore was trading close to seven-week highs after a cyclone closed down the world's largest export terminal in Australia and heavy rains in three Brazilian states halted Vale's shipments.
Mining graduates have to be prepared for a drastic change in lifestyle when they enter the mining industry, and one TAFE mining course in South Australia is preparing them for it, reports ABC.
Education manager for mining in SA Lyndon Giles says this [training] includes shift work and moving away from home. "It's not all beer and skittles when they talk about $100,000 a year, there's a lot of challenges, particularly working in isolated areas, a long way away from family, all them come into play when you look at a career change so we try and get these people accustomed to what they are going to expect."