Pretium updates Brucejack feasibility
Pretium Resources’ (TSX: PVG; NYSE: PVG) revised feasibility study for its Brucejack gold–silver project in B.C. shows the deposit is economical, even at low gold prices.
Canada
Rubicon keeps Phoenix on course
Thanks to two financing deals that came through early this year, developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) now says mine construction is half complete at its Phoenix gold project in Ontario’s Red Lake camp, and the…
TSX soars, June 9-13
The Toronto Stock Exchange climbed near the record high it reached six years ago, with the S&P/TSX Composite Index adding 163 points to end at 15,001.61, slightly below the record close of 15,073 set in June 2008 before the recession.
TSX Venture on the rise, June 9-13
The S&P/TSX Venture Composite Index finished in the black for the second straight week, up 9.88 points to close at 997.33. Oil futures were driven upward by political instability in Iraq, while the U.S. Commerce Department reported retail…
Open letter: Uranium, BAPE and social acceptability in Quebec
The 70 Quebec scientists and professionals from industry and academia who have signed this open letter are committed to using their know-how in an ethical, socially responsible and environmentally responsible manner. Exploration for and…
Royal Nickel strikes again with True North
Less than two months after Royal Nickel (TSX: RNX; US-OTC: RNKLF) acquired a strategic 25% stake in Sudbury Platinum, which is advancing the Aer-Kidd nickel–cobalt–platinum group metals project in the Sudbury basin, the junior has…
Timmins Gold execs under fire from Sentry
VANCOUVER — Gold miner Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is being targeted by dissident shareholder Sentry Investments in a proxy fight that aims to replace six of the firm’s eight board members.
Quebec government relaunches Plan Nord
VANCOUVER — The newly elected Liberal government in Quebec is returning to the resource roots of the last Liberal government with a budget that restores Plan Nord, the strategy to encourage mineral and energy development in the…
Editorial: Ring road of fire?
The surprisingly strong majority win by Ontario Premier Kathleen Wynne and her Liberal party in the provincial election in mid-June has given a boost to potential infrastructure development in the Ring of Fire chromite and base metals camp in…
Denison bulks up Wheeler River
Denison Mines (TSX: DML; NYSE: DML) has lifted the average grade of the Phoenix deposit by 11% and the contained pounds of uranium by 19% at its 60%-owned Wheeler River project in northern Saskatchewan.
Roughrider rises again
VANCOUVER — “We were shocked the land was available,” says Dale Wallster, a director of Kivalliq Energy (TSXV: KIV), in an interview. “So we staked it — but when you stake land in Saskatchewan, other interested…
TSX surges, June 2-6
The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs…