Tag Archives: Mining

Newmont Mining Corp. upgraded at RBC


Newmont Mining Corp. was upgraded to outperform from sector perform at RBC Capital Markets due to improvements in the operating momentum and the disappearance of an M&A-related overhang. The Colorado-based miner acquired the Cripple Creek & Victor gold mine from AngloGold Ashanti Ltd. for US$820 million in cash earlier this week. The deal is accretive for Newmont, nevertheless its share ...

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Management the key to mining investments that survive, consolidate and grow


Marin Katusa is a well-known expert within the resource space, assisting to found companies such as Copper Mountain Mining Corp. and Cuadrilla Resources Ltd., as well as being a New York Times Bestseller author and a former strategist at Casey Research. But even with large positions in a number of commodity producers, Katusa continues to be very bearish since November ...

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TSX extends losses, dragged down by energy, mining


TORONTO – The Toronto stock exchange closed lower Friday, dragged down by the energy and mining sectors, while the Canadian dollar crept marginally higher. The S&P/TSX composite index fell 79.13 points to close at 14,186.24. \”Commodity stocks are simply not the place to be right now,\” said Ian Nakamoto, director of research at MacDougall MacDougall & MacTier Inc. in Toronto. ...

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