Editorial: Reading the tea leaves
Lukas Lundin, the chairman of Lucara Diamond may be bullish on diamonds (see Page 5), but he doesn’t see things improving for diamond juniors in the near term. “The general…
Canada
Gahcho Kué construction nears halfway mark
By the time Gahcho Kué achieves first production in the second half of 2016, more than two decades will have passed since the discovery of the 5034 kimberlite at the…
Stornoway CEO Matt Manson’s path to Renard
Hard work and perseverance have been paying off for Stornoway Diamond (TSX: SWY) president and CEO Matt Manson. The 48-year-old executive recently saw the start of construction at the Renard…
Canada’s mini-staking rush
After going into hibernation in the wake of the Great Recession, diamond juniors are slowly rousing and getting back into the field. Inspired by Kennady Diamonds’ (TSXV: KDI) success at…
Canadian production on the rise
With Gahcho Kué and Renard now officially under construction, I think it’s fair to say that in four years’ time, Canadian diamond production will look significantly different than it does…
TSX advances, Oct. 20-24
The S&P/TSX Composite Index ended the trading week in positive territory, jumping 316 points to 14,543.82, but the gold and diversified miners didn’t follow the upward trend. The S&P/TSX Global Gold Index dipped 3 points to…
San Gold drilling points to ‘Rice Lake repeat’
VANCOUVER — It’s been a rocky time for producer San Gold (TSX: SGR; US-OTC: SGRCF) as it strives to optimize operations at its Rice Lake gold complex near Bissett, Man., but recent drilling appears to offer upside. The company is…
OMA study: New mines a boost to Ontario economy
A new study by the University of Toronto’s Rotman School of Management commissioned by the Ontario Mining Association measures the impact on gross domestic product, employment and government revenue from open pit and underground mining…
TSX Venture trades relatively flat, Oct. 20-24
VANCOUVER — The S&P TSX Venture Composite was unable to turn early-week momentum into sustained gains during the Oct. 20-24 trading sessions, as it lost 4.68 points en route to a 805.45 point weekly close, despite two promising days…
Commentary: Plan Nord 2.0 and the creation of Socit du Plan Nord
On Sept. 30, 2014, the Quebec government, through its Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, tabled Bill 11, entitled the Act respecting the Société du Plan Nord.
TSX Venture trends downward, Oct. 14-17
The S&P/TSX Venture Composite couldn’t break out of its funk during the shortened trading week, as it dropped 2.1%, or 17 points, en route to an 810.13-point close. Commodity futures rallied slightly, though energy prices continue to…
Canadian Mining Hall of Fame to fete mining leaders
The Canadian Mining Hall of Fame will honour four industry greats at its annual induction dinner on Jan. 15, 2015, in Toronto. This year’s inductees are Peter M.D. Bradshaw, Ronald K. Netolitzky, Ian Telfer and Mackenzie Iles Watson. The…