Editorial: J. Pat Sheridan (1933-2015)
We mark the passing of legendary Bay Street mining entrepreneur J. Pat Sheridan on Jan. 10 in Toronto at age 81.
News
TSX Venture on the decline, Jan. 5-9
The S&P/TSX Venture Composite Index lost ground during the trading sessions, as it dropped 2.8%, or 19.6 points, en route to a 687.21-point weekly close. On the economic front, the U.S. Federal Reserve stated it expects the drop in oil…
Rio Tinto’s legal battle with Quebec Innu intensifies
VANCOUVER — Mega-miner Rio Tinto (NYSE: RIO; LSE: RIO) is staring down the barrel of a potentially costly legal battle with a pair of First Nation groups whose traditional Nitassinan territory covers a large part of northeastern Quebec…
Commentary: It’s time to embrace Indigenous land stewardship
Plunging oil prices have cast a gloom over the Canadian economy and added uncertainty to pipeline battles and how to best work with Canada’s indigenous peoples on resource extraction projects of all kinds.
Rio Tinto’s legal battle with Quebec Innu intensifies
VANCOUVER — Mega miner Rio Tinto (NYSE: RIO; LON: RIO) is staring down the barrel of a potentially costly legal battle with a pair of First Nation groups whose traditional Nitassinan territory covers a large part of northeastern Quebec…
Short Position Report
Short positions outstanding at Dec. 31/14 (with changes from Dec. 15/14).
TSX starts 2015 strong, Dec. 29-Jan. 2
Canada’s benchmark index exited the trading week in positive territory, helped by higher gold prices and mining stocks. The S&P/TSX Composite Index jumped 144.40 points to 14,753.65. It ended 2014 up 7.4% for the year, slightly below…
Letter to the Editor: In Memoriam – Robert (Bob) George Baigent
To the Editor, Northern Miner,
Suppliers news: Sandvik, IronPlanet-Cat, Dumas, Blutip
Oyster Night in Toronto
Silver Wheaton extends silver stream on Pascua-Lama
Given the unchanged prospects at Barrick Gold’s (TSX: ABX; NYSE: ABX) suspended Pascua-Lama gold-silver project in Chile and Argentina, Silver Wheaton (TSX: SLW; NYSE: SLW) has again amended its silver-stream agreement on the asset.
Editorial: Oil dips below US$50 per barrel
Further sharp declines in oil prices to start 2015 are signalling that oil prices will be a major theme this year for miners.
Gold juniors that gained traction in 2014
It was another lacklustre year for gold and gold equities, with the spot price for gold dipping below 2013’s close and down 14% from the high reached in March 2014, to exit the year at US$1,182.90 per oz. Despite that dim backdrop, more…