2014


London Silver Fix sees revamp

CME Group and Thomson Reuters have been chosen to deliver a new silver price mechanism to replace the London Silver Fix — a system that has been in place for over a century to set the daily benchmark price for silver.



A truck underneath a frac sand silo beside a storage house at Victory Silica's Seven Persons frac sand plant. Photo by Matthew Keevil.

Victory enters frac sand fray with Seven Persons plant

MEDICINE HAT, ALTA — When it comes to open-pit mining, having more than 100 million tonnes of overburden sitting on top of your deposit is typically a situation best avoided, but for junior Victory Nickel (TSX: NI; US-OTC: VNCKF)…


Good frac sand needs to be strong, nearly spherical and consistently sized, with a high-temperature endurance. Photo by Bill Cunningham

Frac sand 101: The grains explained

VANCOUVER — Horizontal drilling and fracturing technology have unlocked vast reservoirs of oil and gas from shale basins across North America. The continent hosts 67 billion barrels of technically recoverable shale oil and 1,238 trillion…


US stocks drop, July 7-11

The S&P 500 Index dropped 18 points to 1,967.57, marking its worst week since April, as European economic uncertainty continued. The Dow Jones Industrial Average fell 124 points to 16,943.81, while the Nasdaq Composite Index gave back 70…



The mill at Primero Mining's Black Fox gold mine in Timmins, Ontario.  Credit: Primero Mining

Primero gets to work on Black Fox underground

VANCOUVER — After snapping up Brigus Gold and its Black Fox mine for $220 million in late 2013, Primero Mining (TSX: P; NYSE: PPP) pledged it would turn operations around and realize the project’s dormant underground potential….


The Firebag silica sand project in northern Alberta. Credit: Athabasca Minerals

Dundee initiates coverage of Athabasca Minerals

Production at Athabasca Minerals’ (TSXV: ABM; US-OTC: ABCAF) Firebag silica sand project in northern Alberta could ramp up in late 2016 and early 2017 — perfect timing to capitalize on  growing frac sand demand in North…



Job losses drive down TSX, July 7-11

Poor jobs data showing that Canada lost 9,400 jobs in June, sending the unemployment rate up to 7.1% from 7% in May, put pressure on the Canadian dollar and the S&P/TSX Composite Index. The dollar ended the week at $1.0734 to the greenback,…


Geologist Chuck Fipke.

Fipke sells Ekati stakes to Dominion

VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.


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