TSX falls, Oct. 31-Nov. 4
News that Canada’s gross domestic product expanded 0.2% in August after a 0.4% increase in July, and unease about the outcome of the U.S. presidential…
News
Sandspring drills Sona Hill anomaly near Toroparu
A year ago, Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) “couldn’t beg, buy or steal money,” CEO Richard Munson says, “and there was a period of…
Uranium firms remain optimistic amid low demand
Uranium companies are staying upbeat, given what they see are strong long-term fundamentals for uranium as the number of nuclear reactors around the world increase,…
Suppliers news: Hatch raises $1M for cancer foundation
Over the past five years engineering firm Hatch has raised $1 million in support of Toronto’s Princess Margaret Cancer Centre. Hatch employees have done so…
Suppliers news: Ritchie Bros. to buy IronPlanet, partner with Caterpiller
Vancouver-based Ritchie Bros. Auctioneers (TSX: RBA) plans to pay US$758.5 million for IronPlanet, an online, used heavy equipment marketplace. IronPlanet was founded in 1999 and…
Laurentian lands $49M from Feds for research
Sudbury’s Laurentian University says it is launching an “unprecedented research effort” to boost the discovery rates of new mineral deposits, with the largest funding announcement…
Radisson Mining advances O’Brien gold project in Quebec’s Abitibi
The O’Brien gold mine in the Abitibi region of northwestern Quebec was the richest mine by grade along the Larder Lake-Cadillac Fault between 1926 and…
Richmont offers preview of expanded Island Gold PEA
VANCOUVER — Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is having an impressive year at its flagship Island Gold mine near Wawa, Ont., with highlights including record…
Commentary: Creating a benchmarking program for precious metals miners
The 2011–2016 metals bear market marked a historic inflection point for the mining industry. With a market capitalization erosion exceeding hundreds of billions of dollars,…
Editorial: Canada’s mining industry still a powerhouse
To get a pulse on the health of Canada’s mining industry, it’s useful to browse through the newly released Mining Sector Performance Report 2006–2015, which…
Darnley Bay buys NWT zinc deposits, updates BC resource
Darnley Bay Resources (TSXV: DBL) is acquiring 42 zinc-lead deposits over a 68 km strike length in the Northwest Territories, and the junior explorer’s management…
Eldorado re-emphasizes internal growth, exploration
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) will likely have $1 billion in total liquidity on its balance sheet at year-end thanks to the proposed…