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 jobs also dropped, pushing the…
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The Northern Miner podcast – episode 20: On the road again
Matt and Lesley tease their big trip to the Yukon this week where they’ll be recording the podcast on-site in Dawson City! Discussion on Centerra Gold‘s (TSX: CG; US-OTC: CAGDF) US$1.1-billion…
Flinders eyes Tasman merger to tap emerging green economy
VANCOUVER — Two years ago Flinders Resources (TSXV: FDR; US-OTC: FLNXF) was flying high as the “only Western producer of natural flake graphite” at its historic Woxna mine, 8 km northwest of the town…
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 diamond mine in the Northwest…
Lundin Mining discovery to extend Eagle mine life
VANCOUVER — Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) high-grade Eagle East nickel-copper discovery is on track to extend the life of its Eagle mine in western Marquette County of Michigan’s Upper Peninsula. The company…
Nouveau Monde outlines economics for Matawinie
VANCOUVER — Eric Desaulniers, president and CEO of Nouveau Monde Mining (TSXV: NOU; US-OTC: NMGRF), reckons that lithium explorers aren’t the only ones that stand to benefit from Tesla Motors…
Editorial: Silver starts to outshine gold, and Greenspan goes full goldbug
The surging U.S. dollar in the wake of the Brexit vote has set aside for now all that talk of an imminent interest-rate hike by the U.S. Federal Reserve Board….
Centerra unveils US$1.1B bid for Thompson Creek
VANCOUVER — Centerra Gold (TSX: CG; US-OTC: CAGDF) has been shopping for gold assets in Canada, and on July 5 the company found a fit in debt-heavy Thompson Creek Metals (TSX: TCM; US-OTC: TCPTF)…
Indonesian sale nets Newmont US$1.3B
VANCOUVER — Newmont Mining (NYSE: NEM) indicated earlier this year that it was in talks to divest its Indonesian business unit to a consortium of local investors, and on June 30 it…
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 the economy grew 0.1% in…
TSX Venture gains, June 27-30
The S&P/TSX Venture Composite Index gained 19.65 points, or 2.8%, to a 730.44-point close, on the back of rising commodity prices. Doubts on whether the U.S. Federal Reserve would raise…
The Northern Miner podcast – episode 19: Brexit fallout, pipelines and retirement
Lesley and Matt reflect on Brexit and the recent run in gold prices before discussing Newmont Mining‘s (NYSE: NEM) Batu Hijau sale, Imperial Metals (TSX: III) getting the greenlight to…