Canada

TSX stays strong, Nov. 17-21

The S&P/TSX Composite Index gained for the sixth straight week, moving up 286.03 points to 15,111.13. The S&P/TSX Global Gold Index added 5.67 points to 153.41, while the S&P/TSX Capped Diversified Metals & Mining Index climbed…


TSX Venture gains ground, Nov. 17-21

The S&P/TSX Venture Composite closed in the green for a second week after it gained 1.6%, or 12.5 points, en route to a 789.13-point close. Gains were driven by rising precious metal futures, while the energy sectors traded relatively flat….



The historic MacLellan headframe at Carlisle Goldfields' Lynn Lake gold project in Manitoba.  Credit: Carlisle Goldfields

Two suitors court Carlisle

Just two days after the ink dried on a binding joint-venture agreement between Canadian gold miner AuRico Gold (TSX: AUQ; NYSE: AUQ; CGJ) and Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) on the junior’s Lynn Lake project in Manitoba,…



At Pure Gold Mining's historic Madsen gold property in northwestern Ontario, from left: Darin Labrenz, president and CEO; Blaine Monaghan, director of investor relations; Phil Smerchanski, director of geoscience; Sean Tetzlaff, CFO; Lenard Boggio, director; and Darren O'Brien, vice-president of exploration.  Photo by Matthew Keevil.

Pure Gold joins Red Lake’s ‘exploration renaissance’

RED LAKE, ONTARIO — For the management team at newly minted Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF), picking up the past-producing Madsen gold project marked a return to a gold camp that has played a formative role in their…



TSX Venture rebounds, Nov. 10-14

The S&P/TSX Venture Composite Index squeaked out a gain due to a late-week surge during the trading period, closing up 6.37 points at 776.63 points. Gains were underpinned by stronger metal futures despite China’s slower industrial…


A truck at Teck Resources Fording River metallurgical coal project in southeastern B.C. Credit: Teck Resources

Met coal producers prepare for long price weakness

The benchmark price for metallurgical coal has dropped to a multi-year low of US$119 per tonne, and Moody’s Investors Service doesn’t see much relief for met coal producers until the second half of 2016. In the meantime, it warns,…



Suzanne Sloan's self-published memoir Mining the Memories.

Odds ‘n’ sods: Mining the Memories – Tough muckers

Many of the miners — or muckers, as those men who loaded the ore cars were called — came to Canada from Europe after the First and Second World Wars in search of a more peaceful life where one could earn an honest dollar, without…



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