Canada

US stocks gain ground, Jan. 25-29

U.S. equities posted a second consecutive weekly gain, after a surprise move from the Bank of Japan to stimulate its economy. The Dow Jones Industrial Average rose 2.3% to 16,466.30, while the S&P 500 Index advanced 1.8% to 1,940.24. The…




Detour Gold's flagship Detour Lake open-pit gold mine in northeastern Ontario. Credit: Detour Gold

Analysts give thumbs up to Detour’s new mine plan

A revised life-of-mine (LOM) plan that incorporates an additional mine face, enhances flexibility and further de-risks Detour Gold’s (TSX: DGC) Detour Lake gold mine in northeastern Ontario has elicited a round of applause from analysts…



Aston Bay Holdings' Storm copper project, 20 km from tidewater in the northwest corner of Somerset Island, Nunavut. Credit: Aston Bay Holdings

Aston Bay strikes exploration deal with BHP

BHP Billiton’s (NYSE: BHP) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property, in Somerset Island, Nunavut. 


TSX Venture bounces back, Jan. 25-29

The S&P/TSX Venture Composite Index recovered from historic lows during the trading period, as it gained 3.3%, or 15.85 points, en route to a 499.52-point weekly close. Commodity futures were on the rise across the board, with markets also…




Moe Lavigne, KWG Resources' vice-president of exploration and development, inspects core in 2010 at the Big Daddy chromite deposit in Ontario. Credit: WG Resources

KWG turns to China for help in Ring of Fire

A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG…




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