Tag Archives: Mining

Newmont Mining Corp. upgraded at RBC

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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

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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

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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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