TSX drops, July 6-10
Canada’s benchmark index tumbled 1.9% to 14,411.07 after a weak jobs report, the continuing debt crisis in Greece and a slump in China’s stock market. The S&P/TSX Capped Diversified Metals & Mining Index fell 5.5% to 630.99,…
First Quantum Minerals Ltd
S&P/TSX index slips, June 29-July 3
Uncertainty over Greece and the euro ahead of the country’s July 5 referendum on austerity measures weighed on markets during the trading week, which was shortened due to the Canada Day holiday on July 1. The S&P/TSX…
TSX slides, June 1-5
Canada’s benchmark stock index fell below 15,000 for the first time since mid-May, driven lower by concerns about how the Greek debt crisis will affect the eurozone, and strong jobs data in the U.S. that has caused many to believe the Fed…
Franco-Nevada sees opportunities amidst oil and gas slump
VANCOUVER — Royalty and streaming outfit Franco-Nevada (TSX: FNV; NYSE: FNV) is a money-maker, and it has seen big success through gold and platinum group metal investments.
First Quantum unveils US$1.4B equity raise
First Quantum Minerals (TSX: FM; US-OTC: FQVLF) plans to raise US$1.4 billion through a public offering — increasing the company’s outstanding shares to 689 million.
TSX ekes out small gain, May 19-22
Statistics Canada reported higher demand for cars, food and alcohol, which drove up retail sales 0.7% in March, after a 1.5% gain in February. Markets were closed May 18 to celebrate Victoria Day, but when they reopened, Canada’s main…
Panoro’s Cotabambas PEA a good start
Analysts believe Panoro Minerals’ (TSXV: PML; US-OTC: POROF) preliminary economic assessment (PEA) on the Cotabambas project shows the copper-gold-silver-molybdenum porphyry deposit is viable, despite failing to impress investors.
TSX picks up steam, March 16-20
Canada’s benchmark index gained after the U.S. Federal Reserve signalled it was in no hurry to raise interest rates. The news lowered the U.S. dollar and increased commodity prices, as commodities priced in U.S. dollars became more…
Zambian royalties confound industry experts
Peter Leon is head of mining regulation at South African law firm Webber Wentzel and is a partner in the firm’s mining practice. The Northern Miner caught up with him a day before the Prospectors &Developers Association of Canada…
First Quantum slows pace at Cobre Panama
VANCOUVER — Development is continuing at First Quantum Minerals’ (TSX: FM; US-OTC: FQVLF) Cobre Panama copper-gold project in Panama, despite concerns of softer metal prices and a tightening of the company’s purse…
Better days await the junior sector, PwC reports
The worst of the current downturn may be over, PwC argues in its eighth annual Junior Mine Report in late October. Looking at the top-100 TSX Venture-listed juniors by market capitalization, PwC has found that while the junior sector is still…
TSX down again, Sept. 29 – Oct. 3
Canada’s main stock index posted its fifth straight weekly decline despite a positive jobs report in the U.S., weighed down by concerns including whether the central government in Beijing would move against pro-democracy protesters in…