Wall Street rises, Sept. 19–23
U.S. equities gained momentum as the U.S. Federal Reserve maintained interest rates, fuelling higher commodity prices. The Dow Jones Industrial Average moved up 0.8% to 18,262.45 and the S&P 500…
Diamonds
Canada’s territories on diverging GDP paths: Conference Board of Canada
It’s tough enough to have an economy dependent on commodity cycles, but doubly so in the small economies of Canada’s three territories, where the opening or closing of a single…
The geology behind Ontario’s world class metal districts
VANCOUVER — Ontario has a long and lively geological past dating back 3.3 billion years, when the Earth was covered by oceans. During that time, intense volcanism formed the Earth’s…
TSX Venture rises, Sept. 6-9
The S&P/TSX Venture Composite Index gained 1.24 points to an 812.16-point close. Spot gold peaked at US$1,350 per oz. after a subpar U.S. jobs report, before falling to US$1,327.83 per…
TSX Venture closes in the black, Aug. 29 – Sept. 2
VANCOUVER — The S&P TSX Venture Composite Index gained 5.39 points during the Aug. 29 – Sept. 2 trading period before closing at 810.92 points. Markets rebounded during late-week trading…
TSX moves lower, July 18-22
A state of emergency imposed in Turkey following a failed military coup, an attack at a shopping mall in Germany that left nine people dead, and the week-long Republican National…
Stornoway’s first diamonds
It’s not easy to over deliver, let alone deliver according to plan. But it’s what Stornoway Diamond (TSX: SWY) has a knack for doing. In mid-July, the company started processing…
Peregrine eyes first production at Chidliak by 2021
VANCOUVER — Peregrine Diamonds (TSX: PGD; US-OTC: PGDIF) hopes to have its Chidliak discovery producing within five years, and it outlined the path forward on July 7 with a preliminary economic…
The Northern Miner podcast – episode 20: On the road again
Matt and Lesley tease their big trip to the Yukon this week where they’ll be recording the podcast on-site in Dawson City! Discussion on Centerra Gold‘s (TSX: CG; US-OTC: CAGDF) US$1.1-billion…
Dominion approves $647M Jay project
Dominion Diamond (TSX: DDC; NYSE: DDC) is going ahead with a major investment to extend by 13 years the mine life at its majority-owned Ekati diamond mine in the Northwest…
CanAlaska’s diamond play attracts $20M option from De Beers
VANCOUVER — Prospect generator CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) is not commonly associated with diamonds, but on May 18 it announced a $20.4-million option agreement with De Beers Canada on…
TSX Venture gains ground, May 16-20
The S&P/TSX Venture Composite Index climbed towards one-year highs despite a drop in commodity prices, gaining 1%, or 6.46 points, to a 686.14-point close. Spot gold fell 1.9%, or US$24.35,…