VANCOUVER — A raging forest fire that ignited on May 20 near the town of Kirkland Lake in north-eastern Ontario has forced residents from their homes, and impacted two active gold operations, as fire crews and the Ministry of Natural…
VANCOUVER — Toronto-based Labrador Iron Mines (LIM-T) is first out of the gate as the race is on to cash-in on Canada’s reinvigorated iron-ore hotspot in the Labrador Trough district. Labrador Iron is one of a handful of Canadian…
Atna Resources (ATN-T, ATNAF-O) outlined in a new technical report this week that it has increased the lifespan of its Briggs gold mine in California by two years to 2017.
VANCOUVER — The tough markets took on a whole new level of decline in the May 14 to 18 period. The S&P TSX Venture Composite Index dropped no less than 118.45 points or 8.8% to end at 1227.88 points, its lowest level since October…
VANCOUVER — The Toronto Stock Exchange continued to gather downward momentum during the May 14-18 trading period as growing uncertainty in the Euro zone and lagging commodity prices drove the index to seven month lows.
Canada is rapidly becoming recognized as one of the world’s energy superpowers. Canada is now the leading foreign supplier of oil to the U.S., delivering nearly twice as much each year as Saudi Arabia, and 90% of natural gas imports to…
Wall Street suffered its worst week this year with the Dow Jones Industrial index shedding 451.22 points or 3.52% to finish at 12,369.38 and the S&P 500 index shrinking 58.17 points or 4.30% to close at 1,295.22. The Nasdaq Composite…
SPOT PRICESCourtesy of ScotiaBankTuesday, May 15, 2012 Precious MetalsPrice…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 14 May 11 May 10 May 9 May 8 US$ in C 1.0019 0.9968 1.0017 1.0015 0.9997 …
Canadian oilsands juggernaut Suncor Energy (SU-T, SU-N) beat analysts’ estimates and strengthened its cash position during the first quarter, as the company’s strategic integration of refining facilities offset a price divide…
Canadian Natural Resources(CNQ-T) has big plans for its Horizon oilsands project, located north of Fort McMurray, Alta., in the Athabasca region.
The Syncrude mine may not have been the first major oil operation in the Athabasca oilsands, but it was the second — and now it stands as one of the region’s dominant oilsand projects.
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