Daily News

Editorial: Iron ore prices - Where's the bottom?

As the daylight hours shorten and winter chill takes hold of the iron ore mines and surrounding communities in the Labrador Trough, it’s as good a symbol as any of the deep freeze that is engulfing the global iron ore market, as spot...
Nov 26, 2014 12:00AM


Permit review hinders Romarco at Haile

VANCOUVER — The South Carolina Department of Health and Environment Control (SCDHEC) has received a request for review of the mine operating permit for Romarco Minerals’ (TSX: R) proposed Haile gold mine. The review filed by the...
Nov 26, 2014 12:00AM


Nevsun deals with human rights lawsuit, takeover rumours

VANCOUVER — Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is facing a lawsuit in the B.C. Supreme Court alleging it was complicit in the use of forced labour by local contractors at its Bisha copper-gold operation in Eritrea in East Africa....
Nov 26, 2014 12:00AM


TSX Venture gains ground, Nov. 17-21

The S&P/TSX Venture Composite closed in the green for a second week after it gained 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 sectors traded relatively flat....
Nov 26, 2014 12:00AM


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 26, 2014 12:00AM


Scorpio and US Silver & Gold prepare to merge

VANCOUVER — Scorpio Mining (TSX: SPM; US-OTC: SMNPF) and U.S. Silver & Gold (TSX: USA; US-OTC: USGIF) plan to join their businesses in a merger of equals that could create a leading junior silver producer in the Americas.
Nov 26, 2014 12:00AM


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

Stock indexes rose for the fifth straight 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 would help stimulate Europe’s struggling...
Nov 26, 2014 12:00AM


Cliffs' Bloom Lake faces uncertain future

Struggling U.S.-based iron ore and coal miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in eastern Quebec, as it bids farewell to Canada.
Nov 26, 2014 12:00AM


Dominion Diamond hits its stride

Boding well for its upcoming quarterly financial results, Dominion Diamond’s (TSX: DDC; NYSE: DDC) third-quarter production and sales figures beat market expectations, sending its share price up $1.35, or more than 8%, to $17.73.
Nov 26, 2014 12:00AM


Continental Gold beats the odds in Colombia

Toronto-based explorer Continental Gold (TSX: CNL; US-OTC: CGOOF) is closer to developing a commercial-scale underground gold-silver mine in northwestern Colombia, with at least one analyst cheering on the progress.
Nov 26, 2014 12:00AM


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