Canada

TSX Venture plummets, Aug. 17-21

The S&P TSX Venture Composite Index hovered near historic lows during the Aug. 17-21 trading sessions, as it lost 6.2% or 35.69 points en route to a 537.52 point weekly close. Crude oil futures sat close to a six-year low, while the U.S….


Outcropping SST formation rocks at Select Sands' Sandtown frac sand project in Arkansas. Source: Select Sands

Ex-gold explorer dives into Select Sands

Select Sands’ (TSXV: SNS; OTC: CLICF) president and CEO Rasool Mohammad has chosen silica “frac” sand over gold, and hopes his bet will pay off with success at the junior’s frac sand Sandtown property in Arkansas, where…



TSX Venture declines, Aug. 10-14

The S&P/TSX Venture Composite struggled late in the week despite a jump in gold futures, as it dropped 3.39 points en route to a 573.21-point close. Energy and base metal futures finished in the red, and the Chinese currency devaluation…


Processing facilities at Canadian Natural Resources' Horizon oilsands mine near Fort McMurray, Alberta. Source: Canadian Natural Resources

Canadian Natural Resources hit by NDP tax hike

VANCOUVER — Diversified energy producer Canadian Natural Resources (TSX: CNQ) took a loss during the second quarter after a corporate tax increase in Alberta, and it isn’t the only outfit in the oil and gas space feeling the…



Three geologists look toward the Voisey's Bay  open pit mine. Photo by Joshua Duggan (CC 2.0).

Vale green-lights underground mine at Voisey’s Bay

The natural resources industry of Newfoundland and Labrador — beaten down as it is by the steep decline in iron ore and oil prices — has received a most welcome board-level confirmation from Vale that it will indeed pursue…






Equipment during the first day of stripping for the second phase of work at Premier Gold and Goldcorp's South Arturo gold project in Nevada. Source: Premier Gold Mines

Premier provides initial guidance for South Arturo

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is nearing producer status at the South Arturo mine in Nevada that it jointly owns with Barrick Gold (TSX: ABX; NYSE: ABX), and Ewan Downie, the junior’s president and CEO, forecasts the mine…


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