Daily News

TSX Venture gains ground, Nov. 17-21

VANCOUVER — The S&P TSX Venture Composite finished in the green for a second straight week after it rose 1.6% or 12.5 points en route to a 789.13 point close. Gains were driven by rising precious metal futures, while the energy sector...
Nov 24, 2014 6:29PM

TSX stays strong, Nov. 17-21

The S&P/TSX Composite Index gained for the sixth straight week, moving up 286.03 points to 15,111.13. The S&P/TSX Global Gold Index added 5.67 points to 153.41, while the S&P/TSX Capped Diversified Metals & Mining Index climbed...
Nov 24, 2014 3:58PM

Scorpio Mining and US Silver & Gold prepare for merger

VANCOUVER — Scorpio Mining (TSX: SPM) and U.S. Silver & Gold (TSX: USA) plan to join their businesses in a merger of equals that could create a leading junior silver producer in the Americas.
Nov 24, 2014 12:52PM

U.S. stocks continue upward march, Nov. 17-21

Stock indexes rose for the fifth consecutive week as China cut its one-year benchmark lending rates for the first time in more than two years and expectations increased that the European Central Bank will take additional measures to help...
Nov 24, 2014 12:46PM

Cliffs' Bloom Lake mine faces uncertain future

Struggling U.S.-based iron ore miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in northeastern Quebec, as it bids farewell to Canada.
Nov 21, 2014 6:45PM

Eastmain to team up with Darnley Bay Resources at Lac Lessard

Last year Eastmain Resources (TSX: ER) surveyed its 100%-owned Lac Lessard property in the James Bay region of northern Quebec using a combined airborne magnetic and electromagnetic VTEM system that identified ten highly conductive isolated...
Nov 21, 2014 5:49PM

Dominion Diamond hits its production stride

Dominion Diamond (TSX: DDC; NYSE: DDC) beat market expectations with its third-quarter production and sales figures, sending its share price up $1.35, or more than 8%, to $17.73 in anticipation of its upcoming financial results.
Nov 21, 2014 3:27PM

Continental Gold continues to beat the odds in Colombia

Toronto-based explorer Continental Gold (TSX: CNL; OTCQX: CGOOF) is stepping closer to developing a commercial-scale underground gold-silver mine in northwestern Colombia, with at least one analyst cheering on the progress.
Nov 20, 2014 8:49PM

CIBC slashes platinum forecast

An expected surge in the price of platinum failed to materialize in 2014 because of a strong U.S. dollar and weak South African rand, say mining analysts with CIBC World Markets, who are slashing their platinum price forecast for 2015.
Nov 20, 2014 4:49PM

Nemaska Lithium and Cree Nation sign IBA

THE CREE NATION OF NEMASKA, QUEBEC — It took five years and more than forty meetings, but Nemaska Lithium (TSXV: NMX) and the Cree Nation of Nemaska have signed an impact benefits agreement that paves the way for the...
Nov 20, 2014 10:30AM

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