BMO looks for leverage to soaring zinc price
With several major zinc mines slated to close in the next few years, zinc prices have responded accordingly — climbing 12% year-to-date and 24% over the last 12 months.
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Editorial: Cliffs and Casablanca – the start of a beautiful friendship?
It’s the biggest shareholder revolt of the current downturn in mining, but as we go to press it looks like Casablanca Capital has succeeded fulsomely in its long-shot bid to swamp the 11-member board of Cliffs Natural Resources with six…
Claim Post develops Manitoba frac sand
After two years of careful groundwork, Toronto-based junior Claim Post Resources (TSXV: CPS; US-OTC: CLMPF) is well on its way to becoming a provider of premium white silica sand proppant to the oil and gas industry in the U.S. and Canada.
TSX climbs, July 21-25
The S&P/TSX Composite Index gained 188.47 points to close the trading week at 15,455.04. The S&P/TSX Capped Diversified Metals & Mining Index advanced 32.39 points to 924.02, while the S&P/TSX Global Gold Index stayed relatively…
TSX Venture back in the green, July 21-25
The S&P/TSX Venture Composite Index registered a modest 5.2-point gain en route to a 1,017.44-point close. Markets were buoyed by an increase in base metal and energy futures, though analysts noted light mid-year trading volumes.
U.S. markets unsettled, July 21-25
The gold price faltered despite rising geopolitical tension across Europe, and down with it went the Dow Jones Industrial Average, which lost 139.61 points over the week to close at 16,960.57. The S&P 500 fared better, closing almost even…
Low coal prices cut into Teck’s profits
VANCOUVER — Teck Resources’ (TSX: TCK.B; NYSE: TCK) second quarter profit fell to $72 million, down more than 70% compared to the same quarter last year because of low metallurgical coal prices.
Commentary: Managing human rights problems before they arise
As people become ever more aware of what’s going on in the world — including the impact of commercial activity on human rights — expectations inevitably rise. This in turn increases expectations of how companies and…
Fipke’s Northern Uranium thinks outside the basin
VANCOUVER — Conventional thinking amongst Canadian uranium explorers has been shifting over the past few years, and Northern Uranium (TSXV: UNO; US-OTC: NOURF) is hoping to be the next outfit to make a world-class discovery outside…
Constantine starts season at Palmer with nice hit
VANCOUVER — The second hole of the season at Constantine Metal Resources’ (TSXV: CEM; US-OTC: CNSNF) Palmer project in southeast Alaska has returned a high-grade copper–zinc intercept from 150 metres below the defined…
Pebble could be denied before environmental approval process starts
VANCOUVER — The U.S. Environmental Protection Agency (EPA) says it might employ a little-used veto power to block development of the Pebble mine in Alaska’s Bristol Bay, the latest twist in a long battle over the proposed mine.
Bradford Cooke aims to repeat Endeavour success at Santa Fe
VANCOUVER — Bradford Cooke and Endeavour Silver (TSX: EDR; NYSE: EXK) have revitalized a number of historic Mexican silver districts, and the team is now looking to take that model into the U.S. with a deal between…