Diamonds add sparkle to NWT’s economy
VANCOUVER — It’s been 25 years since diamonds were found in the Northwest Territories (NWT) at Lac de Gras, and Hendrik Falck, mineral deposits geologist from the Northwest Territories Geoscience…
Volume 103 Number 4 February 20 – March 5, 2017
US Snapshot: Seven juniors of interest
The uptick in metal prices has coupled with optimism that the Trump administration’s business-friendly approach to taxes and regulations will boost early stage mineral exploration and mine development by juniors…
Editorial: Copper prices near two-year highs
If you ever wondered what would happen to copper prices if 10% of world supply suddenly went offline, mid-February provided the answer: Spot copper prices soared to 20-month highs of…
US markets hit record highs, Feb. 6-10
U.S. markets touched record highs on continued uncertainty about U.S. President Donald J. Trump’s controversial polices, including a travel ban on seven predominantly Muslim countries that is being challenged in…
TSX Venture rides commodities up, Feb. 6-10
The S&P/TSX Venture Composite Index gained 16.88 points to an 836.16-point close on rising commodity prices. Spot gold prices gained US$13.32, or 1.1%, to US$1,233.62 per oz., whereas Comex copper…
TSX posts strong gains, Feb. 6-10
Higher commodity prices, a positive jobs report and a second monthly trade surplus in December combined to power Canada’s main stock index to 15,729.12, up 1.6%, and surpassing the S&P/TSX…
It’s cobalt’s time to shine, Macquarie says
Cobalt seems to be making a comeback.Current spot prices of US$17 per lb. are well above the US$10 per lb. mark of late 2015, and the metal’s steady march higher…
Viscount reignites Silver Cliff in Colorado
VANCOUVER — The latest drill results from Viscount Mining’s (TSXV: VML; US-OTC: VLMGF) Silver Cliff project are casting a new light on the historic Hardscrabble silver-lead-zinc mining district, 64 km…
Pilot expects Goldstrike resource by mid-year
In the last five months Pilot Gold (TSX: PLG) has found five gold zones at its Goldstrike project in southwestern Utah near the state’s border with Nevada. Goldstrike — a…
Roundup 2017: Goldcorp scouts out investments in juniors
VANCOUVER — Goldcorp (TSX: G; NYSE: GG) is looking to invest $100 million in a portfolio of junior explorers that have early stage projects with district-scale potential, Goldcorp president and…
Nolan Watson, Alicia Woods win inaugural ‘Young Mining Professionals of the Year’ award
The Young Mining Professionals (YMP) — a non-profit group with chapters in Vancouver, Toronto and Montreal — has awarded its inaugural, annual YMP Awards to Nolan Watson, president and CEO…
Japanese utility Tepco ends contract, Cameco to pursue legal rights
In a hastily convened February conference call, CEO Tim Gitzel of Cameco (TSX: CCO; NYSE: CCJ) vowed he would “vigorously pursue remedies to recover value for our shareholders and other…