News

TSX falls on global fears

The TSX Composite Index resumed its moribund ways as it fell 19 points to finish at 12,387.54 points for Sept. 6-9 period. Continued worries over European and U.S. debt levels played on investor’s fears, and gold even lost some of its luster in…


Venture slips in shortened Sept. 6-9 period

Vancouver – The oscillations on the S&P/TSX Venture Composite Index continued in the shortened September 6 to 9 period, this time dropping 25.26 points to end at 1,785.10 points. Volume edged up again, averaging 79.2 million shares traded…



Digging TransCanada's Keystone pipeline. Photo by TransCanada

TransCanada’s Keystone XL clears major hurdle

Hollywood actors, climate experts and other opponents of the proposed Keystone XL oil pipeline will have 90 days to prevent the project’s final approval after the U.S. State Department ruled that the pipeline would have “no significant impact”…


Southern Pacific Resource advances McKay

If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year, with the first steam to follow and production targeted to get underway…



Teck advances its oilsands projects

Teck Resources (TCK.B-T, TCK-N) is looking to produce more than 30,000 barrels of bitumen per day by 2016 from its oilsands projects in Alberta.


Prophecy Platinum's Wellgreen PGM-nickel project in the Yukon. Photo by Photo by Ian Bickis

Prophecy Platinum surges on drill results

Shares of Prophecy Platinum (NKL-V, PNIKD-O) shot up 10.2%, or 43¢, to $4.63 on drill results from its flagship Wellgreen deposit in the Yukon Territory, about 317 km northwest of Whitehorse. 



The exploration camp at International Tower Hill Mines' Livengood gold project in Alaska. Photo by International Tower Hill Mines

Int’l Tower Hill updates Livengood PEA

International Tower Hill Mines (ITH-T, THM-X) has updated its preliminary economic assessment of the Livengood deposit, about 110 km north of Fairbanks, Alaska, where drilling continues to expand the deposit. The company plans to complete a…


Cutting the ribbon at Copper Mountain, starting second from left: Consul General of Japan Hideki Ito; Mitsubishi Materials president and CEO Hiroshi Yao; and Copper Mountain Mining president and CEO Jim O'Rourke. Photo by Ian Bickis

Copper Mountain opening marks new era in BC mining

With the simple snip of a copper-tinged ribbon, Copper Mountain Mining (CUM-T) CEO Jim O’Rourke, Mitsubishi Materials CEO Hiroshi Yao and Consul General of Japan Hideki Ito officially opened B.C.’s first major metals mine of the twenty-first…


Trucks at Agnico-Eagle Mines' Meadowbank gold mine in Nunavut. Photo by Salma Tarikh

Agnico’s two pearls in Nunavut

It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (AEM-T, AEM-N), but one that holds much promise. 


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