Signs of life in the junior market
After surviving a moribund market, junior miners can look forward to a less stressful 2013, says John Gravelle, mining leader for the Americas at PwC.
Canada
El Nino sees progress at Murray Brook
It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook polymetallic massive sulphide project, 60 km outside of Bathurst, N.B., with…
Richmont delivers double whammy in Quebec
Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with its shares sinking to a new 52-week low, after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…
TSX Venture loses ground, Nov. 26-30
VANCOUVER — The S&P TSX Venture Composite Index fell 38.1 points, or 3%, during the Nov. 26-30 trading sessions before closing the week at 1,220.90 points. Global economic news continues to be mixed, with ongoing negotiations over the…
Market news: Toronto Stock Exchange
The Toronto stock market gained during the trading week as investors looked forward to a positive U.S. holiday retail season and good news coming out of Europe regarding Greece’s bailout plan.
Market news: TSX Venture Exchange
The TSX Venture Exchange made a modest gain of 12 points to 1,258.97 points for the period as global markets shrugged off their past selling ways and embraced a more positive outlook on the state of the world.
Denison eyes JNR in the Athabasca
In a move to lock up uranium-rich ground in the Athabasca basin of northern Saskatchewan, Denison Mines (DML-T, DNN-X) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Thompson Creek slumps, but Mt. Milligan on track
Thompson Creek Metals (TCM-T, TC-N) is sinking deeper into the red as it builds the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared with a profit…
UBC, SFU win $25M federal mining grant
Vancouver’s two biggest universities have been selected to spearhead the establishment of a “Canadian International Institute for Extractive Industries and Development”. The University of British Columbia (UBC) and Simon…
Mining the Canadian markets
With nearly 1,650 companies listed, mining is one of the Toronto Stock Exchange’s most important sectors. The TSX and the TSX Venture Exchange are home to more than half of the world’s public mining companies, as Canada continues to…
Banks Island moves Yellow Giant towards production
It has been a quick ride for B.C.-focused explorer Banks Island Gold (BOZ-V). Just 18 months since Banks Island signed an earn-in agreement on its Yellow Giant gold-silver property, 110 km south of Prince Rupert, the company has released a…
Auriga’s new vision for Puffy Lake
Auriga Gold (AIA-V) wants to bring the Puffy gold mine in northwestern Manitoba back to life — only this time, as a more modest and efficient operation.