TSX moves up, April 21-25
Canada’s benchmark index gained during the week despite rising tensions in Ukraine, with the S&P/TSX Composite Index moving up 33 points to 14,533.57.
Canada
TSX Venture hits four-week high, April 21-25
The S&P/TSX Venture Composite Index managed a 1.5% — or 14.82-point gain — during the trading sessions before closing at a four-week high of 1,013.59 points. Gains were underpinned by rising precious and base-metal prices…
Uranerz Energy’s Nichols Ranch starts production
Uranerz Energy (TSX: URZ; NYSE-MKT: URZ) has become the newest member of a small club of uranium producers now that its first uranium mine — Nichols Ranch — received final clearance from the U.S. Nuclear Regulatory Commission and…
Abitibi Royalties offers another way to play Canadian Malartic
Not everyone is sitting on the piles of cash that Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Yamana Gold (TSX: YRI; NYSE: AUY) are contemplating spending to acquire Osisko Mining’s (TSX: OSK; US-OTC: OSKFF)…
Royal Nickel buys 25% of Sudbury Platinum for $1.5M
Toronto-based explorer Royal Nickel (TSX: RNX; US-OTC: RNKLF) has seen its shares climb more than 50% since April, when it gave an upbeat outlook on nickel prices and announced acquiring a minority interest in a private company that’s…
Orex’s high hopes for Goldboro in NS
When mining financier Willie McLucas first visited Orex Exploration’s (TSXV: OX) Goldboro project in Nova Scotia in August 2013, he was excited by what he saw: One of Canada’s earliest gold mines that could become a producer once…
Goldcorp ends fight for Osisko
Goldcorp (TSX: G; NYSE: GG) is bowing out of the race for Osisko Mining (TSX: OSK; US-OTC: OSKFF) by not amending its $3.6-billion hostile takeover offer for the junior producer and its large Canadian Malartic gold mine in Quebec.
Actlabs opens $20M facility, gears up for growth
ANCASTER, ONT. — Actlabs — Canada’s largest family owned laboratory — has opened its 200,000-square-foot global headquarters in Ancaster, Ont., to streamline its growing business.
Ontario gov’t reignites Ring of Fire with $1B pledge, First Nations agreements
VANCOUVER — The Ontario government is offering up $1 billion to build a transportation corridor into the Ring of Fire camp in remote northern Ontario, and the funds are the latest in a series of government moves to restore interest in an…
Osisko drill results lift Abitibi Royalties to new heights
Yamana Gold (TSX: YRI) and Agnico Eagle Mines (TSX: AEM) bid for Osisko Mining (TSX: OSK) looks just a bit better today than it did yesterday.
TSX nears six-year high before Easter, April 14-17
The Toronto stock market had a strong run heading into the Easter holiday, with the S&P/TSX Composite Index gaining 24 points to 14,500.39, nearing a six-year high on the back of positive Chinese and U.S. economic data.
Weak met coal prices forces Walter to shutter BC mines
VANCOUVER — In 2011 the metallurgical coal market was hot. Chinese demand seemed insatiable and floods had disrupted Australian supplies, pushing prices as high as US$300 a tonne.