Wall Street marches higher, April 6-10 

Source: Print Archives | 2015-04-15
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to...

Editorial: Canada, India reunite over uranium 

Source: Print Archives | 2015-04-15
How long do you hold a grudge before letting bygones be bygones? For the Canadian government, it’s about 40 years when it comes to the Indian government’s betrayal over its use of peaceful Canadian nuclear technology to build a...

Tata Steel buys LIM's 49% stake in Howse deposit 

Source: Print Archives | 2015-04-08
Tata Steel Minerals Canada (TSMC) acquired a 51% stake in Labrador Iron Mines’ (TSX: LIM) Howse iron ore deposit in Labrador for $30-million cash in 2013.

Wall Street edges up, March 30-April 2 

Source: Print Archives | 2015-04-08
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202...

'Gold not losing its shine yet,'Barclays says 

Source: Print Archives | 2015-04-01
The era of double-digit growth in demand for metals is over, as China’s economy moves from investments in fixed asset growth and industries that are metal-intensive towards domestic consumption and the service sector, Barclays Bank states...

SouthGobi Resources loses appeal in Mongolian tax case  

Source: Print Archives | 2015-04-01
In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but...

China's Zijin Mining invests in Ivanhoe  

Source: Print Archives | 2015-03-25
Fresh on the heels of its 2015 Thayer Lindsley award win for discovering the Kamoa copper deposit in the Democratic Republic of the Congo (DRC), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has reeled in Zijin Mining as a strategic investor.

Buyer emerges for Coalspur Mines 

Source: Print Archives | 2015-03-04
When The Northern Miner visited Coalspur Mines’ (TSX: CPT; ASX: CPL) Vista coal project on the eastern edge of the Rocky Mountains in late 2010, seaborne thermal coal prices were trading at US$120 per tonne.

Chinese firm Novel to buy stake in SouthGobi 

Source: Print Archives | 2015-03-04
A privately held company in China called Novel Sunrise Investments will become the largest shareholder in SouthGobi Resources (TSX: SGQ; US-OTC: SGQRF; HK: 1878) after it acquires shares from Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ), and...

TSX gains momentum, Feb. 9-13 

Source: Print Archives | 2015-02-18
The Toronto stock market gained on the back of positive economic growth in Europe and better-than-expected data from Canadian manufacturers.