TSX Venture eases down, May 29-June 2
The S&P/TSX Venture Composite Index lost 7.61 points over the report period to an 800.98-point close, as spot gold prices gained US$12.41 to US$1,278.17 per oz., and Comex copper prices…
Canada
Canada’s benchmark index posts marginal advance, May 29-June 2
Canada’s real growth domestic product advanced at a 3.7% annualized rate in the first quarter, or more than triple the 1.2% rate posted in the United States. Business investment was…
Wave of consolidation hits Canada’s oilsands
VANCOUVER — It’s been a volatile few years for Canadian energy producers in Alberta’s oilsands. Last year provincial voters elected the New Democratic Party, which is rarely a ready friend to…
Ivanhoe veteran Hornor ventures into gold with Aurvista
VANCOUVER — Matthew Hornor, protégé of mining mogul Robert Friedland and veteran of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), has taken the helm of Aurvista Gold (TSXV: AVA) as president…
Kameron Collieries restarts Donkin coal mine
Underground coal mining in Cape Breton has resumed after a 15-year hiatus. The Donkin mine started producing coal at the end of February and the underground operation should churn out…
Richmont studies Island Gold expansion, steps up exploration
VANCOUVER — Richmont Mines (TSX: RIC; NYSE: RIC) has completed a preliminary economic assessment (PEA) at its flagship Island Gold operation in Ontario in late May that models 115,000 oz….
The Northern Miner podcast – episode 61: Junior mining & exploration special ft. Mickey Fulp
There’s plenty to talk about on this week’s Northern Miner podcast as Matt swings by the International Metal Writers Conference in Vancouver to catch-up with some of our favourite newsletter…
Denison off to great start in 2017 at Wheeler River
In the last six months, Denison Mines (TSX: DML; NYSE-MKT: DNN) has reached a deal to increase its stake in the Wheeler River uranium project, raised $63.5 million in capital…
Snapshot: Promising gold projects from NWT to Newfoundland
With gold prices on the upswing and Canada’s stable politics looking ever more appealing, Canada’s junior gold explorers are in the midst of a particularly active year. Here is a…
New Gold eyes first production at Rainy River in September
New Gold (TSX: NGD; NYSE-MKT: NGD) is set to bring its large Rainy River gold mine online in northwestern Ontario this September, with first commercial production expected in November. “After spending…
Colorado to raise stake in Seabridge’s KSP
VANCOUVER — Colorado Resources (TSXV: CXO) is preparing for a $4-million exploration program this year that should increase its stake in Seabridge Gold’s (TSX: SEA; NYSE: SA) KSP copper-gold property…
Wall Street dips, May 15-19
The three major U.S. stock indexes fell during the third week of May. The S&P 500 Index slipped 0.38% to 2,381.73 and the Dow Jones Industrial Average dropped 0.44% to…