TSX slips, Feb. 21-24
The S&P/TSX Composite Index lost ground, retreating 1.9% to 15,533.47, during the holiday-shortened trading week. The S&P/TSX Global Mining Index tumbled 5.2% to 67.69, while the S&P/TSX Global Gold Index lost…
Asia
OceanaGold hits headwinds in the Philippines
If anyone needed a reminder of the importance of diversifying risk, they need look no further than OceanaGold’s (TSX: OGC) news flow over the last two months. At the end…
It’s cobalt’s time to shine, Macquarie says
Cobalt seems to be making a comeback.Current spot prices of US$17 per lb. are well above the US$10 per lb. mark of late 2015, and the metal’s steady march higher…
Japanese utility Tepco ends contract, Cameco to pursue legal rights
In a hastily convened February conference call, CEO Tim Gitzel of Cameco (TSX: CCO; NYSE: CCJ) vowed he would “vigorously pursue remedies to recover value for our shareholders and other…
Rio Tinto to sell Aussie coal assets for US$2.4B
An agreement to sell Rio Tinto’s (NYSE: RIO; LSE: RIO) Hunter Valley thermal coal assets in Australia to Yancoal Australia (ASX: YAL; US-OTC: YACAF) may come as no surprise to…
TNM Data Miner: Top 5 global uranium resources
The Northern Miner has compiled the five largest uranium reserves and resources at projects around the world using the IntelligenceMine database of our sister company Infomine. The list excludes inactive projects. 1….
Editorial: Kazatomprom’s cuts and uranium’s rebound
What a difference a month makes. After an absolutely desultory past few years for uranium oxide prices — which saw the spot price of yellowcake hit 11-year lows of only…
TNM Data Miner: Top-five global copper hits in December
Tapping into the IntelligenceMine database of our sister company Infomine, The Northern Miner has compiled the five projects recording the top copper intersections (grade multiplied by width) globally in December 2016,…
Turkish gov’t delivers forestry permit for Alamos Gold’s Kirazli
Shares of Alamos Gold (TSX: AGI; NYSE: AGI) listed on the Toronto Stock Exchange jumped 14%, or $1.43, to $11.57, after the company reported that it had received a key…
TSX retreats, Dec. 12–16
Canada’s largest stock market weakened, after the U.S. Federal Reserve raised its short-term interest rate by a quarter of a percentage point to between 0.5% and 0.75%. The spot gold…
TSX dips, Nov. 28-Dec. 2
The S&P/TSX Composite Index fell 0.2% to 15,052.52, despite a surge in oil prices and a decent jobs report. The S&P/TSX Global Mining Index fell 0.9% to 65.19, while the…
The millennial mindset and diamonds: Editorial
Born between 1981 and 2000, the millennial generation will reach their highest earning potential in another 10 years. That makes them an important age group in terms of current and…