The S&P/TSX Venture Composite Index finished in the red, dropping 3.34 points en route to a 934.07-point close. Markets were on pace to register an even larger loss before a late recovery aided by rising metals and energy prices, as well as…
As terms such as “proposal”, “CCAA” and “bankruptcy” are mentioned frequently in Canadian business news these days, it’s important to understand what they actually mean, and when and how they may be of…
In the final days of October, Marathon Gold (TSX: MOZ; US-OTC: MGDPF) reported grab samples of up to 58.13 grams gold per tonne in a new area of quartz-tourmaline-pyrite (QTP) veining it has found in the Sprite zone, 1.5 km along strike from…
Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) has served up an improved cost structure and stronger operating results in Ontario’s Timmins gold camp.
VANCOUVER — Three months of business as usual meant $14.7 million in net income for Imperial Metals (TSX: III; US-OTC: IMPLF). And investors showed their appreciation, boosting the company’s share price by more than 6%.
With an anticipated capex of more than $2 billion and the high degree of uncertainty and risk that financial markets associate with producing rare-earth elements outside of China, Peter Cashin knew that unless a prefeasibility study on the…
Arianne Phosphate’s (TSXV: DAN; US-OTC: DRRSF) Lac à Paul phosphate-rock project in Quebec could be built for US$1.2 billion, a feasibility study shows. Of that amount, US$982.5 million (less US$73.9 million, set aside as…
A few weeks ago Patricia Mohr, Scotiabank’s vice-president of economics and a commodity market specialist, participated in a panel discussion in Vancouver organized by the British Columbia Securities Commission. The subject was financing…
Regarding your Nov. 6 editorial, “Is Pretium petering out?”, the Valley of the Kings bulk sample program at the Brucejack project in B.C. was designed to incorporate both a sampling program with the sample tower, and the results…
Osisko Mining (TSX: OSK; US-OTC: OSKFF) has released third-quarter results that it believes should dispel any remaining doubts about its Canadian Malartic gold mine in Quebec.
Detour Gold (TSX: DGC; US-OTC: DRGDF) took a beating after publishing its first commercial earnings at the Detour Lake gold mine in northeastern Ontario, with its shares plunging 20% to a yearly low of $6.16, before closing at $6.35. But that…
Canada’s Minister of Natural Resources, Joe Oliver, met with the full board of the Prospectors & Developers Association of Canada in Toronto on Nov. 12. The following is an excerpt of his prepared speech, as it relates to…
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