TSX rises while gold falls, July 9-13
Canada’s benchmark index rose 1.15% to 16,561.12 on a down trading week. The S&P/TSX Global Mining Index fell 1.6% to 73.19 and the S&P/TSX Global Gold Index fell 2.76% to…
Canada
Kintavar bets on Mitchi in Quebec
Noranda was poking around 300 km north of Montreal, Que., in the 1970s when it drilled into what it believed was a skarn deposit grading around 0.5% copper, and walked…
Dow Jones down, S&P 500 up, July 9-13
Rising discord between the U.S. and its major trading partners Canada, Europe and China put pressure on some stocks, while the rising U.S. dollar put pressure on gold. The Dow…
Anaconda withdraws takeover bid for Maritime
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) has withdrawn its hostile takeover bid for Maritime Resources (TSXV: MAE; US-OTC: MRTMF) after Maritime’s recently completed, $1.5-million private placement. It ends Anaconda’s five-month-long…
Top 10 Canadian-based mining companies
The Northern Miner presents the top 10 Canadian-headquartered mining companies by market capitalization, as of early July 2018. NUTRIEN: $46 billion market cap Nutrien (TSX: NTR; NYSE: NTR) is a new…
The Northern Miner Podcast – episode 112: Gren and Eira Thomas – feature interview with two icons of Canadian diamond mining
Recorded live at The Northern Miner‘s inaugural Diamonds in Canada Symposium in Toronto in June 2018, this episode features in-depth “fireside” chats with two Canadian diamond mining icons: Canadian Mining…
Top 10 Canadian-based diamond companies
Canada is the world’s third-largest diamond producer in terms of volume in carats and value, according to production estimates of New York-based diamond analyst Paul Zimnisky. The Northern Miner has…
Top 10 Canadian royalty, streaming companies by market cap
The Northern Miner presents the top 10 Canadian-headquartered royalty and streaming companies by market capitalization, as of early July 2018. 1. FRANCO-NEVADA Market cap: $17.7 billion Franco-Nevada’s (TSX: FNV; NYSE:…
Gov’t commissioned review condemns BC’s ‘professional reliance’ model
VANCOUVER — Big changes to the way B.C.’s mining sector is regulated may be on the way. At least that’s the signal given by a newly released, provincial government-commissioned report…
ROM seeks $3M endowment for geology curator
The Royal Ontario Museum (ROM) is trying to raise an initial $3 million to hire and endow in perpetuity a geology curator for its earth sciences department — a position…
Editorial: New Ontario gov’t streamlines ministries, axes carbon tax
The swearing-in on June 29 of new Ontario Premier Doug Ford and his Progressive Conservative majority government promises somewhat more mining-friendly policies in the province that remains Canada’s mining powerhouse….
US markets down, June 25-29
Gold fell 1.3% to close at US$1,252.4, as threats of a trade war with China continue to loom over the United States. The Philadelphia Gold and Silver Index slipped 0.5%…