The S&P/TSX Venture Composite gained on the back of rising metal futures, rising 1.7%, or 11.79 points, en route to a 706.73-point close. Statistics Canada reported that, on a seasonally adjusted monthly basis, the Consumer Price Index…
Commerce Resources (TSXV: CCE; US-OTC: CMRZF) aims to complete prefeasibility studies for the Ashram rare earth element deposit on its Eldor project in Quebec, and the Upper Fir tantalum-niobium deposit on its Blue River project in B.C.
The federal government is showing support for Canada’s mining industry by extending a tax credit for junior mining companies by another year.
A privately held company in China called Novel Sunrise Investments will become the largest shareholder in SouthGobi Resources (TSX: SGQ; US-OTC: SGQRF; HK: 1878) after it acquires shares from Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ), and…
With metal markets being the number-one indicator for the health of the global mineral exploration industry, a great way to kick off the technical program of the Prospectors & Developers Association of Canada convention in Toronto is to…
In Canada, private equity (PE) firms have not traditionally played a prominent role in the mining industry. Perhaps this is due to uncertainty regarding the longer payoff periods associated with the mineral extraction industry and the fact that…
The market is ripe for acquisitions of advanced stage exploration and development projects. Uncertainty in future commodity prices appears to be driving investor interest from speculative greenfields projects to those at the preliminary…
The S&P/TSX Venture Composite Index lost ground during the shortened trading period, as it dropped 1.57 points before finishing at 694.94 points. Commodity futures were down across the board, with resource and industrial groups trending…
VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment…
VANCOUVER — For the second time in just over a decade, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is taking home the Thayer Lindsley Award, presented by the Prospectors & Developers Association of Canada at their conference in Toronto in…
VANCOUVER — North American Nickel (TSX-V: NAN; US-OTC: WSCRF) is making headway advancing its Maniitsoq nickel-copper-cobalt-platinum group metals property on the coast of southwestern Greenland, 85 km north of the capital Nuuk.
The following is the abridged summary of the Mining Association of Canada’s 112-page report titled “Facts & figures of the Canadian mining industry 2014,” which was released in early February and is available at…
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