TSX dips, Nov. 28-Dec. 2
The S&P/TSX Composite Index fell 0.2% to 15,052.52, despite a surge in oil prices and a decent jobs report. The S&P/TSX Global Mining Index fell 0.9% to 65.19, while the…
Articles by Salma Tarikh
Kamoa-Kakula deal ‘pivotal,’ Friedland says
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) executive chairman Robert Friedland and CEO Lars-Eric Johansson held a conference call on Nov. 28 to share details on progress at the company’s three…
Wall Street rises, Nov. 21–25
U.S. equities ended holiday-shortened trading in positive territory. The S&P 500 Index rose 1.4% to 2,213.35, while the Dow Jones Industrial Average advanced 1.5% to 19,152.14. The Nasdaq Composite Index…
Stornoway CEO ‘happy’ with Renard’s first diamond sale
Stornoway Diamond’s (TSX: SWY) CEO Matt Manson says he’s “perfectly satisfied” with the results of the company’s first-ever diamond sale from its new Renard mine in northern Quebec, despite selling…
Aura Minerals sketches positive economics at EPP
Aura Minerals (TSX: ORA) has tabled a positive feasibility study on its recently acquired Ernesto/Pau-a-Pique (EPP) gold project in Brazil’s western Mato Grosso state, not too far from its producing…
TSX gains, Nov. 14-18
Canada’s S&P/TSX Composite jumped 2.1% to 14,864.03, after gains in the energy sector and belief that U.S. president-elect Donald Trump would help boost the American economy. The S&P/TSX Global Mining…
Newmont’s Long Canyon is early and below budget
Newmont Mining (NYSE: NEM) has brought its newest gold mine, Long Canyon, online in Nevada, two months ahead of schedule and US$50 million under budget. The company poured first gold…
Lucara sees a strong finish to 2016
Lucara Diamond’s (TSX: LUC) third-quarter earnings slumped partly due to the timing of its sales, but it expects to catch up in the fourth quarter. Lucara — the operator of…
Wall Street retreats, Oct. 31-Nov. 4
U.S. equities fell into negative territory on concerns about the U.S. presidential election and weakening oil prices. The Dow Jones Industrial Average gave back 1.5% to close at 17,888.28, while…
Detour shares drop on lower 2017 guidance
Detour Gold (TSX: DGC) shares plunged after the company warned it expects to produce less gold than planned next year from its only gold mine, near Cochrane, Ontario. On Nov….
Uranium firms remain optimistic amid low demand
Uranium companies are staying upbeat, given what they see are strong long-term fundamentals for uranium as the number of nuclear reactors around the world increase, despite the current situation of…
TSX dips as oil drops, Oct. 24-28
The S&P/TSX Composite Index lost ground over the week, retreating 1.3% to 14,785.29, as the price of oil weakened. The S&P/TSX Global Mining Index stayed relatively flat at 63.46, while…