Osisko drill results lift Abitibi Royalties to new heights
Yamana Gold (TSX: YRI) and Agnico Eagle Mines (TSX: AEM) bid for Osisko Mining (TSX: OSK) looks just a bit better today than it did yesterday.
Canada
TSX nears six-year high before Easter, April 14-17
The Toronto stock market had a strong run heading into the Easter holiday, with the S&P/TSX Composite Index gaining 24 points to 14,500.39, nearing a six-year high on the back of positive Chinese and U.S. economic data.
Weak met coal prices forces Walter to shutter BC mines
VANCOUVER — In 2011 the metallurgical coal market was hot. Chinese demand seemed insatiable and floods had disrupted Australian supplies, pushing prices as high as US$300 a tonne.
Inmet alumnus Tilk to replace Doyle as PotashCorp CEO
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has surprised analysts by revealing that its long-time president and CEO Bill Doyle will be replaced in July by mining veteran Jochen Tilk, who apparently has no potash or fertilizer…
Clifton Star refines Duparquet gold mine plan
VANCOUVER — Clifton Star Resources (TSXV: CFO; US-OTC: CFMSF) could turn its Duparquet project in Quebec into an open-pit gold mine for $394 million, according to a new prefeasibility study.
Argonaut dips despite good Q1 production results
Toronto-based Argonaut Gold (TSX: AR; US-OTC: ARNGF) reported slightly higher first-quarter production from its two gold–silver mines in northern Mexico, but that wasn’t enough to pick up the junior’s recently declining stock,…
Sandstorm axes its diversified metals and energy arm
VANCOUVER — Sandstorm Gold (TSX: SSL, NYSE-MKT: SAND) president and CEO Nolan Watson says the calls from shareholders requesting he “clean up” sister company Sandstorm Metals & Energy (TSXV: SND, US-OTC: STTYF) have…
Editorial: Diamonds a lodestar in Canadian mining firmament
While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and…
TSX dips, April 7-11
The S&P/TSX Composite Index fell 135.41 points during the trading week to close at 14,257.69. The S&P/TSX Capped Diversified Metals & Mining Index jumped 12.55 points to 814.81. The S&P/TSX Global Gold Index slipped 1.07 points…
TSX Venture registers small loss, April 7-11
The S&P/TSX Venture Composite Index had a mixed week before closing down 9.39 points at 997.77 points. Mid-week gains were driven by rising precious metal and energy prices, while underwhelming global economic indicators triggered…
Site visit: Ginguro tests Pardo’s paleo-placer potential
SUDBURY, ONTARIO — The Sudbury region has served up more than its fair share of intriguing economic geology over the years, and now Sudbury-based junior Ginguro Exploration (TSXV: GEG) is adding another geological puzzle to the mix in the…
AuRico impresses with solid production numbers
AuRico Gold (TSX: AUG; NYSE: AUQ) couldn’t wait to show the market its production results.