Ur-Energy shares gain momentum
Ur-Energy (TSX: URE; NYSE-Arca: URG) has seen its shares nearly double in the past year, as it gears to become the next U.S.-based uranium producer.
Volume 99 Number 26 Aug 12 - 18, 2013
Strateco appears out of luck at Matoush
Any chance that Strateco Resources (TSX: RSC; US-OTC: SRSIF) had in advancing its Matoush uranium project in northern Quebec’s Otish Mountains after the provincial government temporarily banned uranium development in late March has been…
U.S. markets, July 29-Aug. 2
Mixed jobs data and comments from the U.S. Federal Reserve that it would keep buying US$85 billion per month in Treasury and mortgage securities were the main headlines during the trading week. Non-farm payrolls rose by 162,000 in July, which…
Toronto Stock Exchange, July 29-Aug. 2
The S&P/TSX Composite Index was off 19 points to 12,603.25 for the period, as precious metal prices slumped and job numbers out of the U.S. disappointed market watchers.
TSX Venture Exchange, July 29-Aug. 2
The S&P/TSX Venture Composite Index put an end to its four-week winning streak, slipping 1.73 points during the trading session to close at 923.56 points.
Bob Rae on the Ring of Fire
Talks between First Nations and the Ontario government regarding development in the remote Ring of Fire area are set to start soon, now that both sides have appointed lead negotiators.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, August 6, 2013 Precious MetalsPrice…
Energy Fuels looks to be the name in US uranium mining
Uranium prices look poised to finally come back around, and Energy Fuels (TSX: EFR; US-OTC: EFRFF) is hoping to be one of the first places for investors to park their capital.
Colossus falls on delay at Serra Pelada
Colossus Minerals’ (TSX: CSI; US-OTC: COLUF) shares fell hard after the company announced that it needs more dewatering capacity at its Serra Pelada polymetallic development project in Brazil.
Candente eyes Cobriza to boost opportunities
The whole appears greater than the sum of its parts for Candente Copper (TSX: DNT), which is acquiring Cobriza Metals (TSXV: CZA; US-OTC: CBZMF) — a company it spun out in late 2011 — to survive and hopefully thrive in a harsh…
Paladin’s production, cost-cutting impresses
With the uranium price dropping, Paladin Energy (TSX: PDN) is finding ways to cut costs and prepare for a quick expansion, in case prices rebound.
Semafo gets cash for Samira Hill
In a tough gold market, Semafo (TSX: SMF; US-OTC: SEMFF) has turned a non-core asset into cash.