Correction
The item “2014 PDAC Awards” on page B20 of the PDAC preconvention supplement (T.N.M., Jan. 20–26/14 and Jan. 20–Feb. 2/14) included two spelling errors in the identification of the Skookum Jim Award winner: Jim MacLeod,…
News
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 28, 2014Precious MetalsPrice…
Editorial: Falling loonie resets expectations
The free fall of the Canadian dollar, which has only accelerated in 2014, undoubtedly has the CFOs of Canada’s mining companies breaking out the spreadsheets and tallying up the pluses and minuses of the new, low-loonie environment.
U3O8 eyes JV with Chubut gov’t at Laguna Salada
VANCOUVER — There are a myriad of issues that can raise trip up mine developers in Argentina, but it looks like Toronto-based U3O8 Corp.’s (TSX: UWE; US-OTC: UWEFF) Laguna Salada uranium–vanadium project in Chubut province…
Forum Uranium hopes 2014 will be a breakout year
For a pint-sized explorer and developer with a market capitalization of $11 million and $4 million in cash, Forum Uranium (TSXV: FDC; TSX: FDCFF) has grand plans for its projects in Saskatchewan and Nunavut. But then the company also has some…
Cameco rises on uranium optimism
Saskatoon-based Cameco (TSX:CCO; NYSE:CCJ), like many uranium miners, is enjoying renewed predictions of higher uranium prices and growing demand.
TSX Venture Exchange, Jan. 20-24
The S&P/TSX Venture Composite Index took a breather during the trading sessions following a month-long run that saw it close near a three-year high last week. The Venture dropped 9.03 points during the trading period en route to a…
US markets, Jan. 20-24
Investors soured on U.S. equities over the holiday-shortened period, as the Dow Jones Industrial Average fell 580 points to 15,879.11, the S&P 500 Index lost 51 points to 1,790.29 and the Nasdaq Composite Index was off 94 points to 4,128.17.
Premier Clark opens Roundup, extends flow-through tax credit
VANCOUVER — With thick fog blanketing Vancouver, B.C. Premier Christy Clark kicked off the city’s biggest mining conference of the year — Mineral Exploration Roundup 2014 — with a speech that included a commitment to…
Toronto Stock Exchange, Jan. 20-24
Disappointing manufacturing data in China, battered currencies in many emerging markets and renewed anxiety over the U.S. Federal Reserve’s plan to taper its bond purchases slammed many North American equities. The S&P/TSX Composite…
Denison to drill 60,000 metres in 2014
While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…
Orezone streamlines heap-leach economics at Bombor
VANCOUVER — Around seven months ago junior Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced a notable shift in strategy at its Bomboré project 85 km east of Ouagadougou, Burkina Faso. The company had initially hoped to take…