The S&P/TSX Composite Index contracted five days in a row and finished at its lowest level in 18 months, down 5.6% to 13,473.67. The sell-off — mirrored in markets around the globe — was triggered by fears of a hard economic…
At the Sprott/Stansberry Natural Resource Symposium — held in Vancouver in late July — Rick Rule, chairman of Sprott U.S. Holdings Inc., spoke with The Northern Miner about the state of the mining industry and its future.
Early in 1979 I had been transferred by Newmont Mining from Western Australia where I had been working as the exploration manager, to take up a newly created role as exploration manager for the eastern United States.
U.S. equities tumbled as investors took in new data signaling a slowdown in China and a report that showed an unexpected rise in U.S. crude stockpiles, fuelling concerns of a global oil surplus. The S&P 500 Index and the Dow Jones…
The S&P TSX Venture Composite Index hovered near historic lows during the Aug. 17-21 trading sessions, as it lost 6.2% or 35.69 points en route to a 537.52 point weekly close. Crude oil futures sat close to a six-year low, while the U.S….
VANCOUVER — Denver-based Stillwater Mining (TSX: SCW.U; NYSE: SWC) has made tough decisions in response to falling platinum group metal (PGM) prices, including layoffs and a focus on cost control that will hopefully better…
Since the beginning of the year, prospect-generator Arena Minerals (TSXV: AN) — whose shares traded at only 17¢ at press time — has enticed two heavyweight players in the mining industry to sign option agreements on parts…
Short positions outstanding at Aug. 15/15 (with changes from July 30/15).
VANCOUVER — Diversified energy producer Canadian Natural Resources (TSX: CNQ) took a loss during the second quarter after a corporate tax increase in Alberta, and it isn’t the only outfit in the oil and gas space feeling the…
VANCOUVER — IDM Mining (TSX: IDM; US-OTC: RVRCF) has taken a step toward production at its Red Mountain gold project — located 15 km northeast of Stewart, B.C. — after cleaning up its balance sheet and closing a private…
Select Sands’ (TSXV: SNS; OTC: CLICF) president and CEO Rasool Mohammad has chosen silica “frac” sand over gold, and hopes his bet will pay off with success at the junior’s frac sand Sandtown property in Arkansas, where…
Canadian streaming company Silver Wheaton (TSX: SLW; NYSE: SLW) posted record quarterly production of nearly 11 million equivalent oz. silver in the three months ended June 30, and for the first time ever, notched quarterly sales…
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