From teen prospector to PDAC president
Glenn Mullan, president and CEO of Golden Valley Mines (TSXV: GZZ) and chairman of Abitibi Royalties (TSXV: RZZ), has spent the last 40 years working in the mining industry. He…
Industrial/Specialty Minerals
It’s cobalt’s time to shine, Macquarie says
Cobalt seems to be making a comeback.Current spot prices of US$17 per lb. are well above the US$10 per lb. mark of late 2015, and the metal’s steady march higher…
TSX Venture eases up, Jan. 23-27
The S&P/TSX Venture Composite Index gained 12.03 points over the Jan. 23-27 report period to a 809.62-point close. Spot gold prices shed US$19.12, or 1.6%, to US$1,191.2 per oz., whereas…
Development potential in NWT
Canada’s Northwest Territories is relatively remote, but endowed with mineral potential. Despite the region’s harsh winters and infrastructure deficit, the Northwest Territories hosts Canada’s largest and oldest producing diamond mines,…
TSX Venture drops, Dec. 12-16
The S&P/TSX Venture Composite Index dropped 13.58 points, or 1.8%, to a 735.22-point close on weaker commodity prices. Spot gold prices fell US$24.98 per oz. gold to a fresh 10-month…
Matamec splits gold and energy projects into two companies
Montreal-based Matamec Explorations (TSXV: MAT) is dividing its gold and energy-related projects into two entities in hopes of gaining more traction among investors. “Our strategy is to split Matamec into…
TSX moves higher, Dec. 5-9
The Bank of Canada announced that it would keep its interest rate steady, arguing that while economic data “suggests that global economic conditions have strengthened,[uncertainty] — which has been undermining…
TSX Venture loses ground, Nov. 21-25
The S&P/TSX Venture Composite Index lost 1.6%, or 12.09 points, en route to a 734.58-point weekly close. December contracts for gold bullion dropped US$27.75 before closing near a nine-month low…
Advantage Lithium to acquire up to 75% of Orocobre’s Cauchari
Lithium producer Orocobre (TSX: ORL) plans to partner with junior Advantage Lithium (TSXV: AAL) on its Cauchari lithium project in northwestern Argentina’s Jujuy province. Cauchari is 15 km south of…
US markets post mixed results, Oct. 24-28
Real gross domestic product in the third quarter increased at a 2.9% annual rate, according to an advance estimate by the U.S. Bureau of Economic Analysis. Real GDP in the…
Editorial: The Clintons, Morocco and OCP
The usually low-profile mining industry first popped up in the high-stakes U.S. 2016 presidential election campaign a couple of years ago, with the New York Times’ revelations of former U.S….
TSX hits 16-month high, Oct. 17–21
Canada’s main benchmark index rose on the back of higher commodity prices and better-than-expected corporate earnings. The S&P/TSX Composite Index gained 2.4% to close at 14,939.04 — its highest level…