Poor jobs data showing that Canada lost 9,400 jobs in June, sending the unemployment rate up to 7.1% from 7% in May, put pressure on the Canadian dollar and the S&P/TSX Composite Index. The dollar ended the week at $1.0734 to the greenback,…
VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.
At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.
Spot pricesCourtesy of ScotiabankTuesday, July 8 2014Precious MetalsPrice…
After another disappointing fiscal year, Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) says it will not restart mining at its operations in the Labrador Trough this coming year partly due to weak iron-ore prices, and will instead refocus…
VANCOUVER — Canada’s federal House of Commons Standing Committee on Natural Resources has wrapped up a seven-month study on Canada’s rare earth elements (REE) potential, drawing on extensive consultation with a who’s who…
Antofagasta (LSE: ANTO) has decided not to increase its ownership in the Twin Metals joint-venture project with Duluth Metals (TSX: DM; US-OTC: DULMF), just weeks before the scheduled completion of a prefeasibility study on the large…
Focus Ventures’ (TSXV: FCV) Bayovar 12 phosphate project in northern Peru is shaping up quickly: the junior expects to release a maiden resource estimate in the third quarter, less than six months after announcing its first drill results…
Two years ago, drilling at the Gahcho Kué project owned by De Beers Canada and Mountain Province Diamonds (TSX: MPV; NYSE-MKT: MDM) confirmed that the Tuzo Deep diamond-bearing kimberlite deposit was open at a depth below 564 metres….
A three-year mine plan for fiscal years 2015–17 has Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) focusing on grade over tonnage and margin over production.
Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is moving in the right direction. The Toronto-based gold miner posted record quarterly and six-month production in the second quarter and first half of 2014, and expects to reach the top end of its…
U.S. markets rebounded sharply on the back of strong jobs data before closing on July 4 for the Independence Day holiday. The U.S. economy added 288,000 non-farm jobs in June and revised data from the Labour Department showed that the…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.