The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs…
The S&P/TSX Venture Composite Index bounced back during the week, rising 3.46 points, to close at 987.45. Investor sentiment improved after the U.S. Labor Department said the economy created 217,000 jobs in May. Meanwhile, the European…
Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) has signed a benefits agreement with the province of Newfoundland and Labrador and received surface and mining leases for its joint-venture Kami project, which green-lights construction.
Ressources Appalaches’ (TSXV: APP) president and CEO Alain Hupé is only too happy to follow a hunch.
VANCOUVER — U.S. billionaire industrialists the Koch brothers garnered headlines when it was revealed the group’s Canadian oil arm was the largest foreign stakeholder in the Alberta oilsands, with registered holdings of at…
The Fort Hills oilsands project remains Teck Resources’ (TSX: TCK.B; NYSE: TCK) main growth project, Andrew Golding, the company’s senior vice-president of corporate development, said during the 2014 Global Metals, Mining and Steel…
Victory Nickel (TSX: NI; US-OTC: VNCKF) didn’t set out to be part of the premium frac sand business.
VANCOUVER — Drills at Temex Resources’ (TSXV: TME) Whitney gold project near Timmins, Ont., are finding high grades while the company upgrades the main deposit for a planned bulk sample and initial economic study.
Shares in Trevali Mining (TSX: TV; US-OTC: TREVF) got a little boost after the Vancouver-based firm reported two new zones of high-grade polymetallic mineralization at its Santander zinc–lead–silver underground mine in Peru.
VANCOUVER — Toronto-based gold miner Mandalay Resources (TSX: MND; US-OTC: MNDJF) had been on the lookout for an acquisition to boost its near-term production profile, and it has apparently found a fit in Elgin Mining (TSX: ELG,…
VANCOUVER — It’s no secret that 2013 was a rough year in the mining business, but PwC’s eleventh annual global trends analysis — entitled Mine 2014: Realigning Expectations — shed some light how just how grim…
The Canadian Association of Petroleum Producers is forecasting that output from Alberta’s oilsands will reach 4.8 million barrels per day (bpd) by 2030, which is 400,000 bpd lower than its forecast last year, due largely to project costs…
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