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…
Canada
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…
AME BC: First Nations access fees for explorers ‘not acceptable’
VANCOUVER — A policy update put out by the Association for Mineral Exploration British Columbia (AME BC) suggests there’s something amiss in the B.C. junior exploration sector regarding its working…
Imperial Metals to resume Mount Polley operations
VANCOUVER — The B.C. Ministry of Energy and Mines has given Imperial Metals (TSX: III; US-OTC: IPMLF) permission to resume full production at its Mount Polley copper-gold mine, 56 km…
Hecla goes hostile on Dolly Varden in $12M bid
Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) shares have surged more than 45% since Hecla Mining (NYSE: HL) made a hostile takeover bid for all of the junior’s shares that it doesn’t currently…
Canpotex nixes plan for potash terminal in Prince Rupert
VANCOUVER — Canpotex, an exclusive offshore marketing company for potash mined in Saskatchewan by Agrium (TSX: AGU; AGY: NYSE), Mosaic (NYSE: MOS) and Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT),…
TSX mixed after Brexit, June 20–24
Canada’s main stock index lost most of its early gains in the week due to the Brexit vote that increased global uncertainty, sending investors flocking to safe havens like gold….