Cameco puts Millennium on ice
Poor economic conditions in world uranium markets are forcing many uranium companies to postpone projects or scale back operations.
Volume 100 Number 17 Jun 9 - 15, 2014
Miners drag down TSX, May 26-30
It was a tough week for the Toronto Stock Exchange. The S&P/TSX Composite Index dropped 103.94 points, or 0.71%, to end the trading week at 14,604.16, while the S&P/TSX Capped Diversified Metals & Mining Index fell 33.82 points, or…
US stocks finish strong, May 27-30
U.S. equities ended the holiday-shortened trading week in positive territory.
TSX Venture hit by lower commodity prices, May 26-30
The S&P/TSX Venture Composite Index spent much of the week in the red before closing down 4 points at 983.99. Markets were hit by declining commodity futures, while Statistics Canada reported that the nation’s gross domestic product…
Bill Bennett, MABC on state of the industry in BC
VANCOUVER — With the annual B.C. Mining Week wrapping up in May there was significant discussion on the state of the industry in the province, including the announcement of more funding for Geoscience B.C. from the Liberal government…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 3 2014 Precious MetalsPrice…
Rye Patch touts Nevada’s Oreana Trend
VANCOUVER — A year ago explorer Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF) scored a chunk of cash and a net smelter return royalty (NSR) thanks to some savvy staking around Coeur Mining’s (TSX: CDM; NYSE: CDE) Rochester…
Commentary: How low can uranium prices go?
Investors in uranium stocks are a weary bunch at this point. And despite a number of factors hinting at a recovery in uranium oxide prices, they continue along a downward trajectory.
Midway expands Gold Rock resource
Midway Gold (TSX: MDW; NYSE: MDW) may be in the thick of building its first gold mine at the Pan project in Nevada — with the first gold pour expected in the fourth quarter — but that hasn’t stopped the junior developer from…
Edgewater spins out Ghanaian gold into Pinecrest
VANCOUVER — Several months ago junior Edgewater Exploration (TSXV: EDW; US-OTC: EDWZF) was hit with a permitting delay at its flagship Corcoesto gold project, 35 km southwest of the port city of La Coruna in Spain. Edgewater had been…
Govind Friedland to IPO GoviEx Uranium
GoviEx Uranium has filed a prospectus for an initial public offering with the securities commissions of Ontario and British Columbia and plans to use the net proceeds to pay for environmental and social impact assessments, as well as a pilot…
Commentary: Copper price rises on supply worries
These are interesting times for copper investors. Concerns on the supply side, questions over sustained demand due to sluggish global economic growth and a forward curve that defies the normal contango situation are some of the major issues…