Tata Steel buys LIM’s 49% stake in Howse deposit
Tata Steel Minerals Canada (TSMC) acquired a 51% stake in Labrador Iron Mines’ (TSX: LIM) Howse iron ore deposit in Labrador for $30-million cash in 2013.
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Suppliers news: Platts, ArcelorMittal, Igate
Platts buys Minerals Value Service
TSX posts slim gain, March 30-April 2
Canada’s gross domestic product shrank 0.1% in January compared with a 0.3% rise in December, but the drop was less than some economists had anticipated, and the country’s benchmark index gained 1.5% to finish at 15,026.62. (Markets…
TSX Venture closes at three-week high, March 30-April 2
The S&P/TSX Venture Composite Index closed at a three-week high during the shortened trading sessions, rising 1.6 points to 683.02 points. Growth in the U.S. manufacturing sector hit a five-month high in March, while energy investors…
Pele Mountain moves monazite processing plan ahead
When Pele Mountain Resources (TSXV: GEM; US-OTC: GOLDF) announced a strategy in October 2014 to extract and separate rare earth elements from monazite concentrate imported from overseas at its Eco Ridge project in Elliott Lake, the plan caught…
SilverCrest sketches out Santa Elena’s future
VANCOUVER — It’s been a challenging twelve months for SilverCrest Mines (TSX: SVL; NYSE-MKT: SVLC), but the producer has adapted to lower metal prices at its Santa Elena epithermal silver-gold mine, 150 km northeast of Hermosillo,…
Editorial: Quebec pushes forward with revived Plan Nord
More meat has been added to the bones of Quebec Premier Philippe Couillard’s revival of former Premier Jean Charest’s shelved Plan Nord to develop large infrastructure in Quebec’s resource-rich Far North.
Belo Sun improves economics at Volta Grande
Belo Sun Mining’s (TSX: BSX; US-OTC: VNNHF) Volta Grande gold project in Brazil’s Para state has garnered positive attention from analysts after a feasibility study cut the project’s costs, making it more attractive.
Wall Street edges up, March 30-April 2
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
Treasury’s Goliath: Canada’s next up-and-coming gold mine?
VANCOUVER — Treasury Metals (TSX: TML; US-OTC: TSRMF) is attracting attention with high-grade gold intercepts from drilling at its advanced-stage Goliath gold project near Dryden in northwestern Ontario.
[Update] SilverCrest sketches out Santa Elena’s future
VANCOUVER — It’s been a challenging twelve months for SilverCrest Mines (TSX: SVL; NYSE-MKT: SVLC), but the producer has adapted to lower metal prices at its Santa Elena epithermal silver-gold mine, 150 km northeast of…
Short Position Report
TSX Short Positions Short positions outstanding at March 31/15 (with changes from March…