Volatility continued to reign supreme as investors had to weather another down period in Toronto as troubles south of the border and across the Atlantic took centre stage. Rattled investors sent the TSX Composite Index down 332 points to…
VANCOUVER — The S&P TSX Venture Composite Index slipped back to negative territory in the April 30 – May 4 period, ending down 7.71 points at 1,405.05 after three days of losses outweighed two days of gains. Volume for the…
It was one of the worst weeks on Wall Street so far this year. Ahead of key elections in Europe that threatened to derail advocates of tough austerity measures in France and Greece, U.S. payroll data showed that hiring in the U.S. slowed for a…
An editorial in The Northern Miner criticized Canada’s Extractive Sector CSR counsellor, Marketa Evans, for “shooting another blank” in reference to the office’s second case, involving First Quantum Minerals’ Guelb…
Foran Mining (FOM-V) is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in Saskatchewan, west of Flin Flon, Man.
Manitoba’s Flin Flon greenstone belt has been yielding high-grade copper and zinc from its volcanogenic massive sulphide orebodies for almost 85 years, and VMS Ventures (VMS-V) thinks there’s a lot more mineralization to be found.
Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L), is looking to sell its 75% stake in the Donkin coal project in Atlantic Canada.
The 1980s were a booming time for the La Ronge gold belt near the town of La Ronge in north-central Saskatchewan, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces mined. But a tough market and mixed…
With the world’s population marching upward, and the U.S. Department of Agriculture estimating this year we’ll see the largest U.S. corn crop in 75 years, it may be no surprise that potash exploration and project development…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
In a move to expand its Canadian portfolio, Iamgold (IMG-T, IAG-N) has tabled an offer to buy junior Trelawney Mining and Exploration (TRR-V) for its Côté Lake gold project in northern Ontario.
Once a company achieves upper mid-tier status, as Agnico-Eagle Mines (AEM-T, AEM-N) has, it is faced with different problems.
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