News

TSX rises on higher oil prices, Jan. 18-22

The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…


Moe Lavigne, KWG Resources' vice-president of exploration and development, inspects core in 2010 at the Big Daddy chromite deposit in Ontario. Credit: WG Resources

KWG turns to China for help in Ring of Fire

A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG…









Teck inks deal with Lorraine Copper

VANCOUVER — It’s been over a decade since Teck Resources (TSX: TCK.B; NYSE: TCK) first optioned the Lorraine copper-gold project in north-central B.C. from Lorraine Copper (TSXV: LCC), but now the major is set to relinquish its 51%…



Sherritt International's Ambatovy nickel-cobalt mine in Madagascar. Credit: Sherritt International

Sherritt hit by low nickel prices at Ambatovy

Sherritt International (TSX: S) is bracing for a $1.6-billion non-cash impairment at its Ambatovy nickel-cobalt mine in Madagascar due to lower nickel prices, months after it cancelled its quarterly dividend for 2015 and 2016 to reduce…


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