Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 17, 2013 Precious MetalsPrice…
News
Digging deeper into the Fission-Alpha deal
VANCOUVER — In one of the more prominent junior deals of the year, explorer Fission Uranium (TSXV: FCU; US-OTC: FCUUF) opted in the last few weeks to fork over US$185-million in equity to take over joint-venture partner Alpha…
Positive economics for Mindoro’s Agata nickel laterite project
Mindoro Resources (TSXV: MIO; ASX: MDO) and TVI Pacific (TSX: TVI; US-OTC: TVIPF) have something to smile about, as a feasibility study on their Agata nickel laterite project in the Philippines has returned encouraging results for a high-iron…
Is there any hope for Venture-listed juniors?
It’s no surprise that the fall in commodity prices, the rise in mining and development costs and shrinking available capital have created a recipe for disaster in the junior resource sector. But John McCoach believes better days are…
Cameco delays Cigar Lake
Cameco (TSX: CCO; NYSE: CCJ) expects a six-month delay at its 50%-held Cigar Lake uranium project in northern Saskatchewan, as more work needs to be done at the mine and mill to ensure uranium can be safely extracted and processed.
Anglo American kicks aside Pebble
VANCOUVER — The massive and controversial Pebble copper-gold project in Alaska is solely owned again by junior Northern Dynasty Minerals (TSX: NDM; NYSE-MKT: NAK), now that its joint-venture partner Anglo American (LSE: AAL; US-OTC:…
Editorial: QE-related price distortions
In a presentation at the Toronto Resource Investment Conference on Sept. 12, David Franklin of Sprott Asset Management said that after a tough first half “we have turned the corner,” and investors can take advantage of price…
U.S. markets, Sept. 9-13
The Dow Jones Industrial Average posted its best gain since January, climbing 453.54 points, or 3.04%, to 15,376.06; and the S&P 500 Index reported its best gain in two months, rising 1.98%, or 32.82 points, to 1,687.99. The Nasdaq…
Pilot Gold sees district-scale potential in Turkey, Nevada
VANCOUVER — Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) large TV Tower property in Turkey has returned a stream of promising drill results over the past few months, including well-mineralized intercepts from the project’s silver…
North American Palladium sees exploration upside at Lac des Iles
VANCOUVER — The drills are turning at North American Palladium’s (TSX: PDL, NYSE-MKT: PAL) flagship Lac des Iles (LDI) mine, 85 km northwest of Thunder Bay, Ont., and the company remains bullish on the asset’s exploration…
Toronto Stock Exchange, Sept. 9-13
The S&P/TSX Composite Index sank 131.24 points during the trading week to finish the period at 12,723.40, as concerns over the U.S. Federal Reserve’s tapering stimulus lingered.
Commentary: Ned Goodman and the ‘Botox Economy’
Ned Goodman, president and CEO of Dundee Corp., spoke about the perils of quantitative easing at the Toronto Resource Investment Conference on Sept. 12. He made the following remarks, as recorded by The Northern Miner: