TSX ends mixed, Feb. 1-5

Source: Daily News | 2016-02-09
Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified...

South32 restructures, flags US$1.7 billion write-down

Source: Daily News | 2016-02-04
The world’s largest producer of manganese is taking a hatchet to supply in an effort to rebalance the market.

Royal Nickel to become a cash-generating producer

Source: Daily News | 2016-02-02
Royal Nickel Corp. (TSX: RNX), also known as RNC, is taking advantage of the low commodity prices to transform into a multi-asset producer of nickel, gold and copper.

Sherritt hit by low nickel prices at Ambatovy  

Source: Print Archives | 2016-01-20
Sherritt International (TSX: S) is bracing for a $1.6-billion non-cash impairment at its Ambatovy nickel-cobalt mine in Madagascar due to lower nickel prices, months after it cancelled its quarterly dividend for 2015 and 2016 to reduce...

Industry performance will remain under pressure in 2016, Moody's says 

Source: Print Archives | 2016-01-06
After a “material compression” of industry earnings in 2015, Moody’s Investors Service forecasts that the earnings contraction will continue this year.

Scotiabank's Pat Mohr on metal prices, China demand 

Source: Print Archives | 2015-12-09
Extremely challenging market conditions will persist for some time, but the resource sector can look forward to supply-side tightness in the medium-term, along with better metal prices, Pat Mohr, a vice-president and economics and commodity...

Wolfden hunts for nickel in Manitoba 

Source: Print Archives | 2015-11-04
VANCOUVER — When nickel giant Vale (NYSE: VALE) dropped its claims over the Rice Island nickel and copper project in the highly prolific Flin Flon–Snow Lake mining district of Manitoba in May, junior explorer Wolfden Resources...

TSX falls, Sept. 21-25 

Source: Print Archives | 2015-09-30
Anxiety about global growth soured investor appetite for risk, with data showing Chinese factory activity shrank to a six-and-a-half-year low in September, while U.S. manufacturing growth in the same month stayed at a two-year low. 

Sherritt scraps dividend, moves to protect liquidity 

Source: Print Archives | 2015-09-23
David Pathe, president and CEO of Sherritt International (TSX: S), did not mince words when he said the company needed to take action to protect its balance sheet so that it could withstand lower commodity prices, with “more than 60% of...

Wallbridge lures Lonmin to Parkin project 

Source: Print Archives | 2015-09-16
South Africa-based Lonmin (LSE: LMI), one of the world’s largest primary producers of platinum group metals (PGMs), has signed an option agreement to earn a 50% initial interest in Wallbridge Mining’s (TSX: WM) four Parkin...