TSX Venture falls with commodities, Nov. 2-6
The S&P/TSX Venture Composite Index lost ground despite promising North American job reports, dropping 1.4%, or 7.75 points, en route to a 534.28-point close.
Canada
Fission powers forward after Denison deal dies
VANCOUVER — The dust is settling for Fission Uranium (TSX: FCU; US-OTC: FCUUF) after a failed merger with Lukas Lundin’s Denison Mines (TSX: DML; NYSE-MKT: DNN), but the company can’t move on just yet, due to an activist…
Editorial: Trans-Pacific Partnership details bring fresh round of scrutiny
Details of the proposed Trans-Pacific Partnership (TPP) trade agreement have been released by the 12 nations that signed its terms on Oct. 5, 2015, after seven years of negotiation.
UEX casts new light on Christie Lake uranium property
When Japanese-owned JCU Exploration sought a partner for its Christie Lake property, 9 km along strike of Cameco’s (TSX: CCO; NYSE: CCJ) McArthur River — the world’s largest uranium mine in Saskatchewan’s Athabasca basin…
Netolitzky’s Skeena seeks high grade at GJ
VANCOUVER — It’s taken NGEx Resources (TSX: NGQ; US-OTC: NGQRF) over three decades to bid farewell to its GJ porphyry copper-gold property, 60 km south of Dease Lake, B.C., but now the Chilean-focused explorer, along with majority…
Miners weigh in on green energy
Technologies in renewable energy sources such as wind, solar, hydroelectricity and bioenergy are improving, making them cheaper and attractive. However, lower commodity prices and tighter margins are among the barriers miners face when adopting…
Centerra breaks even in Q3, before US$18M hit at Kumtor
Centerra Gold (TSX: CG; US-OTC: CAGDF) has widened its third-quarter loss, but is reducing its annual cost guidance to reflect lower operating costs at its Kumtor gold mine in Kyrgyzstan.
Barrick, Agnico Eagle rise to the occasion
A slew of mining companies have recently rolled out their third-quarter financials, including Toronto-based gold miners Barrick Gold (TSX: ABX; NYSE: ABX) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM). Both firms published better than expected…
TSX edges lower, Oct. 23-29
The S&P/TSX Composite Index finished in negative territory, losing 0.6% to end at 13,791.88 points. The S&P/TSX Capped Diversified Metals & Mining Index dropped 10.6% to 411.68. The S&P/TSX Global Gold Index retreated 1.8% to…
Goldcorp’s Jeannes: ‘We’re close to the end of the gold bear market’
VANCOUVER — Despite posting a US$192 million net loss during the third quarter, Goldcorp’s (TSX: G; NYSE: GG) management team is telling investors to focus on what it labels “strong fundamentals.”
Wolfden hunts for nickel in Manitoba
VANCOUVER — When nickel giant Vale (NYSE: VALE) dropped its claims over the Rice Island nickel and copper project in the highly prolific Flin Flon–Snow Lake mining district of Manitoba in May, junior explorer Wolfden Resources…
Finland imports Canadian CSR expertise
A little over a decade ago, the Mining Association of Canada launched with little fanfare a unique stewardship program called the “Towards Sustainable Mining Initiative (TSM).” It was the only program that measured and reported on…