Uranium snapshot: six juniors of interest
With uranium oxide prices making a rebound over the last two months after hitting 12-year lows, uranium juniors are seeing renewed interest from investors. Here are six such companies worth…
Volume 103 Number 3 February 6 – 19, 2017
Editorial: Resource regulators under Trump
Amidst the flurry of executive orders signed by U.S. President Donald J. Trump — starting four hours after his inauguration on Jan. 20 — were several that benefited the resource…
Denison CEO on becoming Canada’s next uranium producer
VANCOUVER — Lukas Lundin’s Denison Mines (TSX: DML; NYSE-MKT: DNN) has one vision at its Wheeler River joint venture in Saskatchewan’s Athabasca basin: to become Canada’s next uranium producer. The company…
TSX Venture eases up, Jan. 23-27
The S&P/TSX Venture Composite Index gained 12.03 points over the Jan. 23-27 report period to a 809.62-point close. Spot gold prices shed US$19.12, or 1.6%, to US$1,191.2 per oz., whereas…
TSX creeps higher, Jan. 23–27
Canada’s main stock index inched up after the first trading week since U.S. president Donald J. Trump took office. The S&P/TSX Composite Index added 0.2% to close at 15,575.81. The…
Dow breaks 20,000, Jan. 23-27
The Dow Jones Industrial Average closed above the 20,000 threshold three times during the trading week, and finished at 20,093.78, marking a 1.34% gain, while the S&P 500 Index rose…
Roundup 2017: Geoscience BC showcases new mag survey
VANCOUVER — Bruce Madu, vice-president of minerals and mining at the non-profit research organization Geoscience BC, says that explorers can “take their pick” of copper, gold, silver and/or molybdenum targets…
Lumina Gold tallies 4M oz. gold resource in Ecuador
Lumina Gold (TSXV: LUM) has carved out 4 million oz. gold at its Cangrejos project in the Andean foothills of southwestern Ecuador’s El Oro province, and mineralization remains open to…
NexGen resumes drilling at Arrow
NexGen Energy (TSX: NXE; US-OTC: NXGEF) has kicked off a $14-million winter 2017 drill program at its Rook I property in Saskatchewan’s Athabasca basin. The program will comprise seven drill…
Rio Tinto to sell Aussie coal assets for US$2.4B
An agreement to sell Rio Tinto’s (NYSE: RIO; LSE: RIO) Hunter Valley thermal coal assets in Australia to Yancoal Australia (ASX: YAL; US-OTC: YACAF) may come as no surprise to…
Imperial’s Mount Polley disaster followed years of permit delays
In 2004, Imperial Metals (TSX: III) notified B.C.’s Ministry of Environment that it would apply for a water-discharge permit so that it could restart its Mount Polley copper mine near…
Eastmain’s new team offers a three-asset strategy
Eastmain Resources (TSX: ER) has new management, led by president and CEO Claude Lemasson, and a new vision to advance its three key gold assets — Clearwater, Eastmain and the…