Toronto Stock Exchange -Feb. 23-March 1
Positive economic indicators out of both the U.S. and Canada helped to keep the TSX composite index at respectable levels for the Feb. 23 -March 1 period. Canada reported that gross domestic product g…
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TSX Venture Exchange -Feb. 23-March 1
After a shaky start the S&P/TSX Venture composite index ended the Feb. 23 -March 1 period on the up-and-up, leaving the board 9.14 points higher at 1,537.61. It seems Canadians were too distracted…
U.S. Markets -Feb. 23-March 1
Data showing that the economy grew better than expected in the fourth quarter, combined with a weaker greenback, which boosts the shares of exporters and makes dollar-priced metals less expensive for …
Domestic Vs. Foreign Exploration: Weighing The Risks And Rewards
VANCOUVER — Junior companies have showcased their discoveries at the Mineral Exploration Roundup for decades, with foreign finds often overshadowing domestic projects since the global expansion of the 1990s. While Canadian projects created…
Finland’s Many Virtues Lure Canadian Miners
In late December 2001, Inmet Mining (IMN-T) announced that it would acquire 100% of the Pyhäsalmi underground copper and zinc mine in central Finland for about 60 million euros (US$83 million).The transaction was completed in early 2002…
Defining Mining In Eritrea
SITE VISIT ASMARA, ERITREA — Despite brimming with geologic promise because of its location within the prolific Arabian-Nubian Shield, Eritrea has remained underexplored for years.Continued violence and turmoil in the young nation left the…
Magma Adds The Ounces At Thunder Bay North
The Thunder Bay North nickel-copper- platinum group metals (PGM) project in northwestern Ontario is a greenfields success story, and one of a series of higher-grade, base metal-PGM discoveries in the mid-continental rift region that wraps…
How High Will Gold Prices Go This Year?
With the global economic recovery still facing strong headwinds, The Northern Miner surveyed six metals experts on where they think gold prices are headed this year and next, and why.John Embry, chief metals strategist at Sprott Asset…
Base Metals And ‘Mineral Deposits That Matter’
VANCOUVER — Tough economic times and reduced access to capital will force companies to narrow their exploration efforts on “best-of-breed” mineral deposits, commodity experts told delegates at Roundup 2010, a recent conference sponsored by the…
Marathon Gears Up For Mining
SITE VISIT MARATHON, ONT. — Named after a paper mill company that created jobs and sparked a population boom about 65 years ago, Marathon is now a town dwindling in size with a hurting economy.Marathon Pulp shut suddenly last year putting…
Labrador Iron Mines Gets Provincial OK
VANCOUVER — Labrador Iron Mines Holding’s (LIM-T) is well on its way to opening a direct-shipping iron ore (DSO) mine near Schefferville, Que., Newfoundland and Labrador, The provincial cabinet has now given the project final environmental…
Coal And Copper Boost BC
Mining has been an integral part of British Columbia’s economy for more than 150 years. The industry was a strong performer again in 2009 with value of solid mineral production of about $5.7 billion from eight metal mines, nine coal mines and…