CNSC greenlights McClean Lake mill expansion
The Canadian Nuclear Safety Commission (CNSC) has approved the expansion of the McClean Lake mill — operated by Areva Resources in northern Saskatchewan — allowing Cameco (TSX: CCO; NYSE: CCJ)…
Canada
Film review: KONELĪNE finds drama in BC’s Golden Triangle
Northwest British Columbia is a land of abundance and beauty. Teeming with wildlife, the mountains, rivers and valleys are also home to the Tahltan First Nation. Riches below the surface…
TSX Venture falls, May 23-27
The S&P/TSX Venture Composite Index fell 2.6%, or 17.6 points, to a 668.54-point close over the trading period. Spot gold hit a three-month low, falling 3.2%, or US$39.60, to US$1,212.38…
Orion to finance Premier Gold
When it comes to financing companies in the mining sector, private equity firms typically call the shots. But in a deal announced on May 31, Orion Mine Finance appears to…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
TSX posts slight gain, May 23-27
The Bank of Canada kept its target for the overnight lending rate at 0.5% and estimated that the wildfires in Alberta would knock 1.25 percentage points from real gross domestic…
The Northern Miner podcast – episode 14: Lithium 101 and the effects of national wine day
We dig further into the lithium boom in our lead up to an in-paper special on the commodity that’s all abuzz thanks to Elon Musk and Tesla Motors‘ (NASDAQ: TSLA) gigafactory…
Canadian mining sector improves in early 2016
The Canadian mining sector got a much-needed boost in the first three months of 2016 thanks to higher gold and base metal prices, according to a new EY report. EY’s…
Golden Predator attracts heavy hitters Albert Friedberg, Rob McEwen & Pat DiCapo
Albert Friedberg and his Friedberg Mercantile Group were listed among the top-40, highest-earning hedge fund managers in the world by Forbes magazine in 2011. More recent rankings weren’t immediately available,…
CanAlaska’s diamond play attracts $20M option from De Beers
VANCOUVER — Prospect generator CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) is not commonly associated with diamonds, but on May 18 it announced a $20.4-million option agreement with De Beers Canada on…
TSX Venture gains ground, May 16-20
The S&P/TSX Venture Composite Index climbed towards one-year highs despite a drop in commodity prices, gaining 1%, or 6.46 points, to a 686.14-point close. Spot gold fell 1.9%, or US$24.35,…
Geoscience BC receives $5M from provincial government
VANCOUVER — The B.C. government has announced $5 million in additional funding for Geoscience B.C. Over the past 10 years the non-profit organization has spearheaded more than 135 projects and generated…