TSX Venture finishes 2015 in the green, Dec. 23-31
The S&P/TSX Venture Composite Index finished the year with a late rally owing to rising energy and base metal futures, as it gained 4.7%, or 23.62 points, en route to a 525.66-point close.
Canada
Mining the unexpected: when ‘poor geology’ becomes a problem
VANCOUVER — When the “geological complexity” of their orebodies forced Rubicon Minerals’ (TSX: RMX; NYSE-MKT: RBY) to suspend development production at its Phoenix gold mine in Red Lake, Ont., and Goldcorp (TSX: G; NYSE:…
Site visit: Alexco finds silver lining at Keno with Flame & Moth
KENO CITY, YUKON — There’s a wealth of history in the Yukon’s Keno Hill mining district, and Alexco Resource (TSX: AXR; NYSE-MKT: AXU) is out to prove there’s a lot of silver left to discover across its large land…
Letter to the Editor: On boutique broker dealers and market-cap cut-offs
Adding to Stephen Masson’s commentary, “How to revive exploration in Manitoba,” (T.N.M., Dec. 28, 2015–Jan. 3, 2016), I believe the loss of the boutique broker dealers that once supported our junior market has been an…
TSX Venture remains near all-time lows, Dec. 18-22
The S&P/TSX Venture Composite Index sits near the lowest point in its history, despite posting marginal gains during trading, as it jumped 3.83 points, en route to a 502.04-point weekly close. In global economic news, China’s…
TSX posts small gains, Dec. 18-22
The Toronto stock market ended in positive territory, with the S&P/TSX Composite Index gaining 0.5% to close at 13,082.86. The S&P/TSX Global Mining Index climbed 4.5% to 43.70, while the S&P/TSX Capped Diversified Metals &…
TerraX lines up new gold targets for 2016
VANCOUVER — There’s certainly no lack of high-grade gold targets for TerraX Minerals (TSXV: TXR) to shoot for at its Yellowknife City gold project, located in a district it refers to as “Canada’s last undeveloped…
Commentary: Thank you De Beers, for doing the unthinkable
De Beers deserves a huge thank you from northerners for doing what many might believe is the unthinkable. Let me be the first to say it: “Thank you De Beers for Snap Lake.”
ICYMI: The most-clicked stories of 2015
In good times and bad, there’s never a shortage of fascinating stories in our industry. In case you missed any of them, here are the most-clicked stories of 2015, in descending order of popularity:
Commentary: How to revive exploration in Manitoba
The opportunities related to mining and exploration are enormous in Manitoba and Saskatchewan, but mineral exploration in these two provinces is decreasing, and our industry will need to see changes if we are to expect improvement.
US stocks slip, Dec. 11-17
U.S. equities closed lower, despite receiving a boost after the Federal Reserve raised interest rates. The Dow Jones Industrial Average fell 0.5% to 17,495.84, while the S&P 500 Index lost 0.5% to close at 2,041.89. The Nasdaq dipped 0.8%…
Oban capitalizes on downturn, buys more ground
With $70 million in cash and equivalents, Oban Mining (TSX: OBM) is quietly consolidating ground in the Abitibi by acquiring junior companies and properties in Ontario and Quebec.