US equities jump, March 16-20
U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.
2015
China’s Zijin Mining invests in Ivanhoe
Fresh on the heels of its 2015 Thayer Lindsley award win for discovering the Kamoa copper deposit in the Democratic Republic of the Congo (DRC), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has reeled in Zijin Mining as a strategic investor.
Sandstorm buys Diavik diamond mine royalty
Gold-focused royalty and streaming company Sandstorm Gold (TSX: SSL; NYSE: SAND) has branched out into diamonds.
NGEx builds on discovery in Chile-Argentina
VANCOUVER — Junior explorer NGEx Resources (TSX: NGQ; US-OTC: NGQRF) continues to expand mineralization at its Filo Del Sol project in a district it refers to as “Chile’s largest new copper-gold camp.” Bob Carmichael,…
Forsys pushes Norasa uranium project to feasibility
Forsys Metals (TSX: FSY) has reported feasibility study results for its Norasa uranium project in the Erongo region of central-west Namibia.
TSX Venture turns positive, March 16-20
The S&P/TSX Venture Composite Index edged up 1%, or 6 points, en route to a 670.60-point close. Gold, copper and energy futures benefitted from weakness in the U.S. dollar, while Statistics Canada reported that the inflation rate held…
PDAC celebrates 2015 award recipients
The recent annual convention in Toronto of the Prospectors & Developers Association of Canada saw a diverse group of mining personnel scoop up this year’s awards.
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…
Silver Wheaton’s Smallwood sees a ‘gold flavour to the portfolio’
VANCOUVER — Royalty and streaming leader Silver Wheaton (TSX: SLW; NYSE: SLW) has been increasing its presence in the gold space recently, and according to president and CEO Randy Smallwood that trend could continue, with many of the…
PDAC 2015: John Kaiser sees retail investors as industry lifeblood
Retail investors, historically the “lifeblood” of the junior mining sector, are largely gone from the picture, but need to return for the sector to survive the current downturn, John Kaiser argues.
Commentary: The importance of tying executive compensation to performance
Over the past decade there has been increased effort, often advocated by shareholder advisory groups, to link executive compensation with executive and corporate performance (so-called “pay-for-performance”).
Noront goes all in on the Ring of Fire
VANCOUVER — Toronto-based junior Noront Resources (TSX: NOT; US-OTC: NOSOF) has emerged as a leader in Ontario’s controversial Ring of Fire mineral belt over the past eight years, and on March 23 the company solidified itself as the…