TSX rises, July 11-15
The S&P/TSX Composite Index rose 1.6% to 14,482.42, despite lower gold and oil prices. The S&P/TSX Global Gold Index fell 3.2% to 266.68, as the gold price retreated 2% to…
Canada
The Northern Miner podcast – episode 21: Land of the Midnight Sun
Matt and Lesley record on-site at the Yukon Mining Alliance Investment Conference 2016 in Dawson City! We dig into our conversations with Goldcorp (TSX: G; NYSE: GG) representatives on the recent…
Ascot prepares for Sprott’s $20M investment
VANCOUVER — Ascot Resources (TSXV: AOT) is reconsidering plans on how to best advance its flagship Premier gold-silver project, 20 km northeast of Stewart, B.C., now that mining and exploration financier Eric…
IDM’s Red Mountain moves closer to development
IDM Mining’s (TSXV: IDM) executive chairman couldn’t hide his excitement while talking about the updated preliminary economic assessment (PEA) at the Red Mountain gold project in northwestern B.C. “We have…
Mosaic suspends Colonsay potash mine
Mosaic (NYSE: MOS) is temporarily shutting one of its three Saskatchewan potash operations, amid declining global demand and prices for potash. The major fertilizer producer will close the Colonsay potash mine…
TSX gains despite poor jobs data, July 4–8
Toronto equities soared during the first week of July, despite the Canadian economy unexpectedly losing 700 jobs in June. However, the number of people seeking jobs also dropped, pushing the…
The Northern Miner podcast – episode 20: On the road again
Matt and Lesley tease their big trip to the Yukon this week where they’ll be recording the podcast on-site in Dawson City! Discussion on Centerra Gold‘s (TSX: CG; US-OTC: CAGDF) US$1.1-billion…
Dominion approves $647M Jay project
Dominion Diamond (TSX: DDC; NYSE: DDC) is going ahead with a major investment to extend by 13 years the mine life at its majority-owned Ekati diamond mine in the Northwest…
Nouveau Monde outlines economics for Matawinie
VANCOUVER — Eric Desaulniers, president and CEO of Nouveau Monde Mining (TSXV: NOU; US-OTC: NMGRF), reckons that lithium explorers aren’t the only ones that stand to benefit from Tesla Motors…
Centerra unveils US$1.1B bid for Thompson Creek
VANCOUVER — Centerra Gold (TSX: CG; US-OTC: CAGDF) has been shopping for gold assets in Canada, and on July 5 the company found a fit in debt-heavy Thompson Creek Metals (TSX: TCM; US-OTC: TCPTF)…
TSX climbs, June 27–30
Canadian equities finished in positive territory ahead of the Canada Day long weekend, helped by positive economic data and higher commodity prices. Statistics Canada reported the economy grew 0.1% in…
The Northern Miner podcast – episode 19: Brexit fallout, pipelines and retirement
Lesley and Matt reflect on Brexit and the recent run in gold prices before discussing Newmont Mining‘s (NYSE: NEM) Batu Hijau sale, Imperial Metals (TSX: III) getting the greenlight to…