Mosaic suspends Colonsay potash mine
Mosaic (NYSE: MOS) is temporarily shutting one of its three Saskatchewan potash operations, amid declining global demand and prices for potash. The major fertilizer producer will close the Colonsay potash mine…
2016
McEwens gift $10M to Laurentian
Philanthropists Rob and Cheryl McEwen have invested $10 million in Laurentian University’s School of Architecture, which will now be known as the McEwen School of Architecture, in Sudbury, Ont. The…
Canadian IPOs MIA in flat market, PwC survey says
The following is an edited release from PwC. For more information, please visit www.pwc.com. Investors hoping for a rebound in the Canadian market for initial public offerings (IPOs) will…
Site visit: Largo is ‘all smiles’ in Brazil
MARACAS, BRAZIL — About an hour’s drive from Maracas — the city of flowers — is the first producing vanadium mine in Brazil’s northeastern state of Bahia. Toronto-based Largo Resources’…
Editorial: Young Mining Professionals’ new Toronto branch grows
Anyone who spends time in both of Canada’s biggest mining centres will quickly pick up on the differences in culture between the two mining communities. Vancouver is generally younger, more…
TSX Venture in the black, July 4-8
The S&P/TSX Venture Composite Index gained 21.68 points, or 3%, to a 752.12-point close, boosted by stronger gold and silver prices. Spot gold gained 1.9%, or US$25, to US$1,366.33 per…
Wall Street rises, July 5-8
U.S. equities drove higher for a second week as investors recovered from post-Brexit jitters. The Dow Jones Industrial Average advanced 197.37 points, or 1.1%, to 18,146.74 points, and the S&P…
TSX gains despite poor jobs data, July 4–8
Toronto equities soared during the first week of July, despite the Canadian economy unexpectedly losing 700 jobs in June. However, the number of people seeking jobs also dropped, pushing the…
The Northern Miner podcast – episode 20: On the road again
Matt and Lesley tease their big trip to the Yukon this week where they’ll be recording the podcast on-site in Dawson City! Discussion on Centerra Gold‘s (TSX: CG; US-OTC: CAGDF) US$1.1-billion…
Flinders eyes Tasman merger to tap emerging green economy
VANCOUVER — Two years ago Flinders Resources (TSXV: FDR; US-OTC: FLNXF) was flying high as the “only Western producer of natural flake graphite” at its historic Woxna mine, 8 km northwest of the town…
Dominion approves $647M Jay project
Dominion Diamond (TSX: DDC; NYSE: DDC) is going ahead with a major investment to extend by 13 years the mine life at its majority-owned Ekati diamond mine in the Northwest…
Lundin Mining discovery to extend Eagle mine life
VANCOUVER — Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) high-grade Eagle East nickel-copper discovery is on track to extend the life of its Eagle mine in western Marquette County of Michigan’s Upper Peninsula. The company…