TSX Venture hits nine-month high, April 18-22
The S&P/TSX Venture Composite Index broke a nine-month high over the trading period, gaining 22.34 points, or 3.5%, to a 656.18-point close, lifted by optimism over demand for industrial metals…
Industrial/Specialty Minerals
Empire Rock to investigate lithium brine in Alberta gas fields
Lisa Chapman hopes lithium production in the oil patch will help diversify Alberta’s economy. The president and CEO of Empire Rock Minerals (TSXV: EPR) is steering the junior explorer into…
Nemaska Lithium revs its Whabouchi project
Buzz is building around a perceived, impending supply deficit in the global lithium market, and that’s music to the ears of management at Nemaska Lithium (TSXV: NMX; US-OTC: NMKEF), which…
Lithium Americas finds a partner in Chilean giant SQM
Lithium Americas (TSX: LAC) has taken a big stride in securing the technical backing to advance its Cauchari-Olaroz lithium brine deposit in northwestern Argentina, as lithium fundamentals improve. The Vancouver-based junior…
Canada’s benchmark index slips, March 21-24
A terrorist attack at the airport and a subway station in Brussels that left 35 people dead just before the Easter holiday chilled global markets. The S&P/TSX Composite Index closed…
TSX rises on strong mining stocks, Feb. 29-March 4
A smaller-than-expected Canadian trade deficit in January (exports reached $46 billion and export volumes were up 3.6% month-on-month), stronger-than-expected U.S. jobs data and higher commodity prices (U.S. crude rose nearly…
Potash faces ‘significant headwinds,’ Macquarie says
Slow adjustments to potash supply will “prolong the pain of rebalancing,” while power “shifts to the buyers,” Macquarie Research says.
Western Lithium: a producer in the making?
VANCOUVER — Management of Western Lithium (TSX: WLC; US-OTC: WLCDF) finds itself in a fortuitous position following the recent surge of interest in the global lithium industry. The company negotiated a merger with South American…
Pure Energy’s head start on Nevada lithium rush
VANCOUVER — The buzz around the North American lithium market that began last year has blossomed into a full-blown exploration cacophony, with Canadian juniors flocking to stake ground in marketable proximity to Elon Musk’s…
South32 restructures, flags US$1.7B writedown
The world’s largest manganese producer is taking a machete to supply so that it can rebalance the market.
KWG turns to China for help in Ring of Fire
A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG…
PotashCorp suspends its newest mine in NB
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is indefinitely suspending its new Picadilly potash mine in New Brunswick to lower its company-wide costs — dismissing roughly 430 workers.