Industrial/Specialty Minerals

Westcore Drilling's Hector Hewlin plies his trade at North American Nickel's Maniitsoq polymetallic project in southwestern Greenland. Credit: North American Nickel

North American Nickel gears up for work at Maniitsoq

VANCOUVER — North American Nickel (TSX-V: NAN; US-OTC: WSCRF) is making headway advancing its Maniitsoq nickel-copper-cobalt-platinum group metals property on the coast of southwestern Greenland, 85 km north of the capital Nuuk.


Facilities at Whitehaven Coal's Narrabri thermal coal mine in New South Wales, Australia. Credit: Whitehaven Coal

Contrarian investor Anglo Pacific picks up coal royalty

Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…




Arianne Phosphate's Lac--Paul phosphate project in Quebec, 200 km north of Saguenay. Credit: Arianne Phosphate

Arianne chops opex at Lac–Paul

Arianne Phosphate’s (TSXV: DAN; US-OTC: DRRSF) chief operating officer, Jean-Sébastien David, is on a mission to cut anticipated operating expenses at the company’s Lac-à-Paul phosphate project in Quebec by US$10 per…


TSX dips on poor GDP growth, Jan. 26-30

The Toronto stock market slipped in the wake of poor economic data and a weakening Canadian dollar. The benchmark S&P/TSX Composite Index declined 105.87 points to 14,673.48 as Statistics Canada said real gross domestic product in November…


U.S. equities march higher, Jan. 20-23

U.S. stocks snapped a three-week losing streak to close the abbreviated trading week higher. The Dow Jones Industrial Average gained 161.03 points, or 0.9%, to finish at 17,672.60, while the S&P 500 Index moved up 32.4 points, or 1.6%, to…


The Endako molybdenum mine, 190 km west of Prince George, British Columbia, which Thompson Creek Metals suspended in December due to low prices. Credit: Thompson Creek Metals

Commentary – CPM Group: China key to moly market

The following is a summary of the newly released Molybdenum Market Outlook from New York-based research firm CPM Group. The full study offers in-depth analysis of global molybdenum supply, demand and price trends, including projections for the…



U.S. equities slip, Jan.5-9

The U.S. market fell during the week amid lower oil prices. The S&P 500 Index slipped 13.39 points to 2,044.81, while the Dow Jones Industrial Average fell 95.62 points to 17,737.37. The Nasdaq Composite closed down 22.74 points at…


A stockpile at BHP Billiton's Illawarra metallurgical coal-mining complex in New South Wales, Australia. Illawarra will be part of the South32 spinoff. Credit: BHP Billiton

BHP spinoff South32 to launch in mid-2015

BHP Billiton’s (LSE: BLT) spinoff company will be named South32, a nod to the location of its assets  in the southern hemisphere and a more cryptic salute to the location of its main offices in Australia and South Africa.


Thompson Creek Metals' Endako molybdenum mine, 190 km west of Prince George, British Columbia. Credit: Thompson Creek Metals

Thompson Creek shutters Endako

VANCOUVER — Rough commodity markets are forcing miners to make tough decisions, and Colorado-based Thompson Creek Metals (TSX: TCM; NYSE: TC) is the most recent operator driven to place a struggling asset on temporary care and maintenance…


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