Royal Nickel could be takeover target, analyst says
Royal Nickel (TSX: RNX; US-OTC: RNKLF) is an attractive takeover candidate, mining analyst Nik Rasskazovskiy of independent investment dealer Salman Partners contends in a recent research note.
Canada
TSX Venture finishes in the red, March 2-6
The S&P/TSX Venture Composite Index lost ground during the trading sessions, dropping 2.5%, or 17.94 points, before closing at 688.79 points. Metal futures were on the decline, while investors waited on a potential interest rate hike from…
Commentary: Aboriginal Peoples score 200 legal wins in Canada’s resources sector
Pipelines, energy exports, fracking, clear-cuts, tailings ponds and access to resources are daily in the news as the industry faces pushback on traditional lands from natives who feel that their way of life is threatened. But what’s…
Commerce optimistic about finding project partners
Commerce Resources (TSXV: CCE; US-OTC: CMRZF) aims to complete prefeasibility studies for the Ashram rare earth element deposit on its Eldor project in Quebec, and the Upper Fir tantalum-niobium deposit on its Blue River project in B.C.
Buyer emerges for Coalspur Mines
When The Northern Miner visited Coalspur Mines’ (TSX: CPT; ASX: CPL) Vista coal project on the eastern edge of the Rocky Mountains in late 2010, seaborne thermal coal prices were trading at US$120 per tonne.
Great Panther to snatch Cangold for $1.7M
Mexican-focused producer Great Panther Silver (TSX: GPR) is buying Cangold (TSXV: CLD; US-OTC: CGLJF) primarily to get its paws on the Guadalupe de los Reyes (GDLR) gold-silver project in Sinaloa state, in an all-share deal worth $1.7 million.
TSX closes higher, Feb. 23-27
Canada’s main stock index climbed as mining stocks rose on the back of higher commodity prices ahead of the annual Prospectors & Developers Association of Canada convention in Toronto. The four-day event started on March 1 and should…
North American Palladium tables ‘low-cost, low-risk’ expansion plan for LDI
VANCOUVER — North American Palladium (TSX: PDL; NYSE-MKT: PAL) is planning to take its Lac des Îles (LDI) platinum group metals (PGM) mine back to its roots with a recent preliminary economic assessment (PEA) that would see the…
TSX Venture on the rise, Feb. 23-27
The S&P/TSX Venture Composite gained on the back of rising metal futures, rising 1.7%, or 11.79 points, en route to a 706.73-point close. Statistics Canada reported that, on a seasonally adjusted monthly basis, the Consumer Price Index…
PDAC 2015: Canadian gov’t extends tax savings for exploration
The federal government is showing support for Canada’s mining industry by extending a tax credit for junior mining companies by another year.
‘Still early days’ for Agnico Eagle at Amaruq
VANCOUVER — Agnico Eagle Mines’(TSX: AEM; NYSE: AEM) Amaruq deposit in Nunavut is building its reputation as one of Canada’s most exciting grassroots gold discoveries.
Commentary: Labrador Trough rail needs a rethink
During its successful 2014 election campaign, Quebec’s Liberal Party vowed to revive Plan Nord — a cherished blueprint for opening up the province’s vast northern mineral wealth for development. Brainchild of former Liberal…