Statistics Canada reported higher demand for cars, food and alcohol drove up retail sales 0.7% in March, after a 1.5% gain in February. Markets were closed May 18 to celebrate Victoria Day, but when they re-opened, Canada’s main stock...
May 25, 2015 9:08PM
VANCOUVER — The S&P TSX Venture Composite Index registered gains during the shortened May 19-22 trading period, as it jumped 1.2% or 8.17 points before finishing the week at 703.48 points.
May 25, 2015 7:48PM
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the...
May 25, 2015 4:01PM
Short positions outstanding at May 15/15 (with changes from April 30/15).
May 22, 2015 2:31PM
A feasibility study for Sabina Gold & Silver’s (TSX: SBB) Back River gold project in Nunavut demonstrates the project is a large, low-cost producer, which could be scaled down to lower capital requirements.
May 21, 2015 6:37PM
First Quantum Minerals (TSX: FM) is chasing financial flexibility with plans to raise US$1.25 billion through a public offering of its common shares, and could see as much as US$1.44 billion pour into its coffers, if an overallotment option is...
May 21, 2015 4:39PM
Over the last three years, SolGold (LSE: SOLG) has earned an 85% stake in the Cascabel copper-gold-silver deposit in northern Ecuador, and the Brisbane-based company says it is on track to complete its first resource estimate on the early stage...
May 20, 2015 11:42PM
Midway Gold (TSX: MDW; NYSE-MKT: MDW) has hit a rough patch, less than two months after it initiated production at its Pan gold heap-leach mine in Nevada.
May 20, 2015 5:27PM
In danger of breaking a loan covenant because of a slow ramp-up at its Red Chris copper-gold mine, in northwestern British Columbia, Imperial Metals (TSX: III) is turning once again to its largest shareholders for financial help.
May 20, 2015 4:43PM
Fasken Martineau has earned this year’s Global Mining Law Firm of the Year Award by law firm researcher Who’s Who Legal. The honour represents the seventh time the firm has gotten the distinction in the area of mining.
May 20, 2015 12:00AM