TSX gains slightly, March 28–April 1
The S&P/TSX Composite Index ended in positive territory, adding 0.62% to close at 13,440.44. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.2% to 437.39, while the S&P/TSX…
Avalon Rare Metals Inc
Optimism remains for investment in Northwest Territories
VANCOUVER — The Northwest Territories, which has led Canada in diamond and tungsten production, became a single-commodity producer in late 2015 after North American Tungsten (CVE: NTC) closed its Cantung Mine, 300 km from Watson Lake,…
TSX gains momentum, Feb. 9-13
The Toronto stock market gained on the back of positive economic growth in Europe and better-than-expected data from Canadian manufacturers.
Building roads to resources a priority, says NWT premier
Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.
Parliamentary committee sees ‘strategic opportunity’ in Canada’s REEs
VANCOUVER — Canada’s federal House of Commons Standing Committee on Natural Resources has wrapped up a seven-month study on Canada’s rare earth elements (REE) potential, drawing on extensive consultation with a who’s who…
Grenville Thomas takes aim with North Arrow Minerals
He’s been in the business for 56 years. He was integral in developing Canada’s diamond sector. He has been named Prospector of the Year by the Prospectors and Developers Association…
U.S. markets, July 8-12
U.S. stocks closed the trading week in the green, with the Dow Jones Industrial Average adding 2.2%, or 328.46 points, to 15,464.30. The S&P 500 Index rose nearly 3%, or 48.3 points, to 1,680.19, and the Philadelphia Gold & Silver Index…
Hefty price tag for Avalon’s Nechalacho
It may be the first feasibility level study completed on a major heavy rare earth project outside of China, but the $1.58 billion price tag of Avalon Rare Metals’ (AVL-T, AVL-X) flagship Nechalacho project in the Northwest Territories has…
Avalon expands Nechalacho resource
Avalon Rare Metals (AVL-T, AVL-X) reports that exploration drilling completed last year has lifted indicated resources at its flagship Nechalacho rare-earth deposit in the Northwest Territories by 73% to 152.3 million tonnes grading 1.32% total…
Avalon updates Nechalacho resource
Exploration drilling completed last year has lifted indicated resources at its flagship Nechalacho rare earth deposit by 73% to 152.3 million tonnes grading 1.32% total rare earth oxides (TREO) and produced the deposit’s first measured…
TSX holds ground on promising signs from the south
A solid U.S. employment report had investors believing in a stronger U.S. economy and that help lift the TSX Composite Index out of mid-week swoon. The Index finished the March 5-9 period down just 4 points at 12,503 points.
New NWT Premier looking to revive mineral investments
Two recent news items have underscored the divergent futures of the Northwest Territories (NWT) and Canada’s other two territories. On one side, BHP Billiton (BHP-N) announced possibly selling its Ekati diamond mine in the Northwest Territories…