TSX slips during March 11-15
The TSX Composite Index was down nearly 6 points to end the March 11-15 week at 12,830.03 points, thanks to a 1% or 134-point decline on March 13.
Canada
TSX Venture remains steady, Mar.11-15
VANCOUVER — The S&P TSX Venture Composite Index capped off another uneventful week during the March 11-15 trading period, falling just 0.7 of a point or 0.06% before closing at 1,117.15 points. The Index gained ground later in the…
Where do miners go from here?
The shift from quantity to returns have led to numerous headaches for miners with project delays, hefty write downs and CEO departures as companies struggle to tackle escalating costs that have caught up with the rising commodity prices, said…
TSX and TSX Venture Exchange warrants
The following mining-related warrants are trading on the TSX and TSX Venture Exchange:
Avanti encounters Nisga’a opposition at Kitsault
VANCOUVER — Just two weeks after announcing a permit milestone at its Kitsault molybdenum project 140 km northeast of Prince Rupert, British Columbia, Vancouver-based junior Avanti Mining (AVT-V) has run into opposition from the…
Metals Commentary: CRU sees better year ahead for iron ore
Phil Newman, CEO of metals consultants CRU Strategies in London, kicked off the “Commodities and market outlook” technical session that launched the Prospectors & Developers Association of Canada convention with a relatively…
Capstone polishes off another reliable year
VANCOUVER — Vancouver-based copper producer Capstone Mining (CR-T) continues to be one of the strong stories in mid-tier base metal production. The company released its annual results on March 13, which underline a strong…
Editorial: The PDAC-saw
The first week of March was dominated by the Prospectors and Developers Association of Canada’s mega-convention in Toronto, with 30,147 investors, analysts, mining executives, geologists, government officials, students and international…
Labrador Iron to get $30M from Tata Steel
Labrador Iron Mines (LIM-T) is expecting to receive $30 million from India’s Tata Steel as part of an alliance it recently entered with the company’s subsidiary to create cost synergies in the Labrador Trough region,…
Alamos on verge of derailing Hecla bid as battle for Aurizon builds
VANCOUVER — The battle for Aurizon Mines (ARZ-T, AZK-X) is getting nasty.
Selwyn turns the page after eight years at Howard’s Pass
VANCOUVER — It has been quite a ride for Vancouver-based junior Selwyn Resources (SWN-V) since it acquired a 100% stake in the Howard’s Pass zinc-lead project in the eastern Yukon from a Placer Dome joint venture in 2005. The story…
Wesdome to put Kiena on care and maintenance
VANCOUVER — Shares of Toronto-based Wesdome Gold Mines (WDO-T) took a tumble following news that the company is suspending activities at its Kiena underground gold mine in Val-d’Or, Que. The company announced on March 8 that it…