Oil slump spells uncertainty for fracking, frac sand
The decline in oil and gas prices has clouded the outlook for 2015, particularly for oilfield service providers, including pressure pumping firms, which make most of their revenue from fracturing.
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Fission team talks Triple R resource and next steps at PLS
VANCOUVER — It’s been an exciting journey for Fission Uranium (TSX: FCU; US-OTC: FCUUF) at its wholly owned Patterson Lake South (PLS) discovery, which has effectively changed the way explorers look at Saskatchewan’s Athabasca…
InvestX introduces miners to PE crowd-funding
The $40-million investment that private equity firm Resource Capital Funds announced in privately held TMAC Resources and its Hope Bay gold project in Nunavut is exactly the kind of deal entrepreneur Marcus New wants to offer retail investors…
Forum’s high hopes for Fir Island in Athabasca basin
VANCOUVER — Forum Uranium (TSXV: FDC; US-OTC: FDCFF) is coming off its tenth year as a prospect generator in Saskatchewan’s prolific Athabasca basin. Over that time the company has leveraged its technical expertise to generate…
Mining industry revisits anti-corruption procedures
Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining…
NexGen continues drilling the Arrow discovery
Analysts believe NexGen Energy (TSXV: NXE) may be on to something at its Arrow zone on the Rook 1 property in the southwest part of Saskatchewan’s Athabasca basin.
Commentary: BC’s the place to be for exploration and development
The innovative and resilient people in B.C.’s internationally respected mineral exploration and development industry have faced many hurdles in recent years amid lower commodity prices and challenging markets. However, members of the…
Commentary: The Peel watershed decision’s broader implications
This past December, the Yukon Supreme Court handed down an important aboriginal law ruling that has implications for future mining operations in the Yukon. In The First Nation of Nacho Nyak Dun v. Yukon (Government of), 2014 YKSC 69, Yukon…
Goldcorp bids $526M for Probe Mines
Goldcorp (TSX: G; NYSE: GG) is acquiring gold junior Probe Mines (TSXV: PRB; US-OTC: PROBF) in a friendly all-share deal worth $526 million.
TSX slips, Jan. 12-16
Despite a large one-day gain as oil prices stabilized, the S&P/TSX Composite Index lost 0.5%, or 75.53 points, to close the trading week at 14,309.41.
Editorial: Gold a ray of hope in a weary market
The Vancouver Resource Investment Conference in mid-January is usually a great way to gauge the mood of the Canadian junior mining scene in the year ahead, and this year was no different.
U.S. equity indexes post losses, Jan. 12-16
News that consumer sentiment in the U.S. reached an 11-year high, along with optimistic comments from the International Energy Agency that “signs are mounting that the tide will turn” for oil prices, helped U.S. equities rally…