Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies are taking a toll on coal producers, with Toronto-based developer Cline Mining (CMK-T) halting operations at its…
Life is full of ebbs and flows, expansions and contractions, and the mining industry is part of that cyclical stream. Right now Canada’s intrepid mining industry and its breathtaking, optimism-fuelled expansion into most of the…
The British Columbia Securities Commission has raised concerns about a 10.6-million-oz. gold resource estimate that Barkerville Gold Mines (BGM-V) released on June 28.The concerns, based on a draft technical report supplied to the BCSC,…
The S&P/TSX Composite Index rallied late in the period but finished lower than where it began, shedding 145 points to 11,514.53. After a six-day losing streak the index rebounded on July 13 owing to speculation that China would stimulate…
After enjoying a brief early week rally during the trading period, The S&P/TSX Venture Composite Index pared gains, closing down 2%, or 24.4 points, at 1,184.25. Uncertainty surrounding the eurozone crisis and weak jobs data in the U.S….
The S&P 500 and Dow Jones Industrial Average erased losses for the week in the last hour of trading as better-than-expected economic data from China lifted investor sentiment. The country clocked year-on-year growth of 7.6% during the…
VANCOUVER — Newly-minted NovaCopper (NCQ-T, NCQ-X) has grand ambitions for its Upper Kobuk project in Alaska’s prolific Ambler mining district, and the company is off to a quick start with a US$16.5-million exploration program and…
Meadow Bay Gold (MAY-T) now has a mineral resource out for its Atlanta project in Nevada.
If the dry weather in the United States continues it could turn out to be “the worst drought of our generation,” CIBC analyst Jacob Bout writes in a 196-page industry report, noting that damage to the corn crop so far this year is…
Canamex Resources (CSQ-V) shares soared to new heights after releasing the best hole to date from its Burner gold-silver project in central Nevada.
Shares of Augusta Resource Corp. (AZC-T, AZC-N) rose 14.6% or 24¢ to $1.88 after the company released an updated resource estimate for its Rosemont copper project in Arizona. The company expects to issue a project update early next week on…
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