VANCOUVER — After 12 years of lobbying, planning and negotiating, the Northwest Territories (NWT) government will soon take over responsibility from the federal government for managing the territory’s lands, water and resources.
Spot pricesCourtesy of ScotiabankTuesday, February 11 2014Precious MetalsPrice…
The story “Newmont sees rough road this year” (T.N.M., Feb. 10–16/14) incorrectly reported Newmont Mining’s 2014 production guidance as 4.4 to 4.8 million oz. gold. Newmont’s attributable production guidance for…
The steady-as-she goes federal budget tabled by the Conservative government on Feb. 11 drew praise from Canada’s business community, which was satisfied by the status quo being maintained on taxes, and the unofficial achievement of a…
The S&P/TSX Venture Composite Index rallied during the trading sessions after two consecutive weeks in the red, as it jumped 1.1%, or 10.78 points, en route to a 962.10-point close. Markets were bolstered by rising metal and energy futures,…
Just three months after Highland Copper (TSXV: HI; US-OTC: HDRSF) worked out a deal to buy the White Pine copper project in northern Michigan from a subsidiary of First Quantum Minerals (TSX: FM; US-OTC: FQVLF), the Quebec-based company is back…
At the end of last year Klondex Mines’ (TSX: KDX; US-OTC: KLNDF) CEO Paul Huet signalled that 2014 was going to be a big year.
If Hudbay Minerals (TSX: HBM; NYSE: HBM) succeeds in its hostile takeover bid for Augusta Resource (TSX: AZC; NYSE-MKT: AZC) and the exploration company’s attractive Rosemont copper porphyry project in Arizona, the base metals producer…
Signs of strength in the Canadian economy coincided with an up period for the S&P/TSX Composite Index, which gained 86 points to 13,786.50 points over the week.
The S&P 500 Index posted the first weekly gain in a month, rising 0.81% to 1,797.02, while the Dow Jones Industrial Average inched 0.61% higher to close at 15,794.08. The U.S. Labor Department reported that the country’s unemployment…
At the end of January, Australian gold producer Northern Star Resources (ASX: NST) announced a hedge program of 100,000 oz. gold production for one year at an average gold price of A$1,462.16 (US$1,295.28) per oz., calling its decision a…
VANCOUVER — How quickly relationships between potential partners can sour.
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