TSX rises, Jan. 24-Jan. 28 trading week
The S&P/TSX Composite Index rose 120.36 points or 0.58% to 20,741.75 during the January 24 to January 28 trading week. The S&P/TSX Global Mining Index fell 3.20 points or 3.02%…
2022
TSX Venture falls during the Jan 24-28 trading week
The S&P/TSX Venture Exchange fell 18.29 points or 2.13% to 838.33. Spot gold dropped US$44.00 per oz. or 2.4% to US$1,791.60 per ounce. Shares of Los Andes Copper climbed $1.04…
US markets rise during the Jan. 24-28 trading week
The Dow Jones Industrial Average climbed 460.1 points or 1.34% to 34,725.47 and the S&P 500 rose 33.91 points or 0.77% to 4,431.85. Spot gold dropped US$44.00 per oz. or…
Teck Resources’ QB2 to cost up to US$500M more than planned
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, tumbled on Friday after it warned that Covid-19-related costs of its massive Quebrada Blanca Phase 2 (QB2) expansion…
Radisson Mining releases “high-grade” drill results from O’Brien project
Radisson Mining (TSXV: RDS; US-OTC: RMRDF) has reported high-grade gold intercepts from its 100% owned O’Brien gold project located along the Larder-Lake-Cadillac Break in Quebec, between the mining towns of Rouyn-Noranda…
Canada’s Industry Minister says Neo Lithium takeover was “thoroughly reviewed and scrutinized”
Minister of Innovation, Science and Industry François-Philippe Champagne says Zijin Mining’s proposed takeover of Neo Lithium (TSXV: NLC; US-OTC: NTTHF) is not “injurious to Canada’s national security.” Speaking to the…
De Beers boosts production to meet recovering demand
De Beers, the world’s top diamond producer by value, saw production jump in the last quarter of 2021 by 15% to 7.7 million carats, as it boosted production to meet…
Western Uranium & Vanadium hopes to ride the uranium wave
Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) CEO George Glasier says the company’s Sunday mine complex in Colorado will be in a good position to take advantage of bullish demand forecasts for uranium. “A lot of…
Uranium Snapshot: Eight juniors of interest
As the world slowly moves away from fossil fuels, here are eight juniors on the hunt for what may be this century’s greenest metal. APPIA RARE EARTHS & URANIUM Appia…
An inflection point for uranium and the nuclear industry?
In our next issue we shine the spotlight on uranium and the outlook for the nuclear fuel industry. As it happens our timing is spot on because Cameco president and…
CIBC initiates coverage of Cameco and remains “bullish” on uranium sector
CIBC Capital Markets has initiated coverage of Cameco (TSX: CCO; NYSE: CCJ) with an outperformer rating and a price target in the next 12-18 months of $37 for the Canadian…
Anglo American ups copper guidance on Quellaveco start
Anglo American (LSE: AAL) says it expects to churn out between 680,000 and 760,000 tonnes of copper in 2022, as its giant Quellaveco mine in Peru is slated to begin…