TSX rises, July 11-15
The S&P/TSX Composite Index rose 1.6% to 14,482.42, despite lower gold and oil prices. The S&P/TSX Global Gold Index fell 3.2% to 266.68, as the…
Articles by Salma Tarikh
IDM’s Red Mountain moves closer to development
IDM Mining’s (TSXV: IDM) executive chairman couldn’t hide his excitement while talking about the updated preliminary economic assessment (PEA) at the Red Mountain gold project…
Mosaic suspends Colonsay potash mine
Mosaic (NYSE: MOS) is temporarily shutting one of its three Saskatchewan potash operations, amid declining global demand and prices for potash. The major fertilizer producer will…
Site visit: Largo is ‘all smiles’ in Brazil
MARACAS, BRAZIL — About an hour’s drive from Maracas — the city of flowers — is the first producing vanadium mine in Brazil’s northeastern state…
TSX gains despite poor jobs data, July 4–8
Toronto equities soared during the first week of July, despite the Canadian economy unexpectedly losing 700 jobs in June. However, the number of people seeking…
Dominion approves $647M Jay project
Dominion Diamond (TSX: DDC; NYSE: DDC) is going ahead with a major investment to extend by 13 years the mine life at its majority-owned Ekati…
TSX climbs, June 27–30
Canadian equities finished in positive territory ahead of the Canada Day long weekend, helped by positive economic data and higher commodity prices. Statistics Canada reported…
Pershing pens positive economics at Relief Canyon
Pershing Gold (NASDAQ: PGLC) has published a positive preliminary economic assessment (PEA) on the past-producing Relief Canyon heap-leach gold mine near Reno, Nev., showing it could…
Hecla goes hostile on Dolly Varden in $12M bid
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) shares have surged more than 45% since Hecla Mining (NYSE: HL) made a hostile takeover bid for all of the junior’s…
TSX mixed after Brexit, June 20–24
Canada’s main stock index lost most of its early gains in the week due to the Brexit vote that increased global uncertainty, sending investors flocking…
Wall Street tumbles on Brexit, June 20–24
U.S. equities sank after Britain’s surprise decision to leave the European Union. The main U.S. indices all lost more than 3% on June 24, erasing…
Goldsource hits commercial production
Goldsource Mines (TSXV:GXS) has reached commercial production at its Eagle Mountain gold mine in Guyana, with the junior now optimizing the small-scale operation to break…