Nickel

Lundin Mining discovery
to extend Eagle mine life

VANCOUVER — Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) high-grade Eagle East nickel-copper discovery is on track to extend the life of its Eagle mine in western Marquette County of Michigan’s Upper Peninsula. The company…


TSX climbs, June 27–30

Canadian equities finished in positive territory ahead of the Canada Day long weekend, helped by positive economic data and higher commodity prices. Statistics Canada reported the economy grew 0.1% in…


A drill site in the Bug Lake zone at Balmoral Resources’ Martiniere gold property in Quebec’s Abitibi greenstone belt.  Credit: Balmoral Resources

Balmoral takes aim at Bug Lake

VANCOUVER — Balmoral Resources (TSX: BAR; US-OTC: BALMF) is gearing up for a busy field season at its 61.7 sq. km Martiniere gold property in Quebec’s portion of the Abitibi greenstone…


Northern Shield, South32 team up

VANCOUVER — A commitment to ore mineralogy is paying off for junior Northern Shield Resources (TSXV: NRN) at its greenfield Huckleberry copper-nickel discovery in the southern Labrador Trough. On June 7,…





TSX ends mixed, Feb. 1-5

Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified…


Sherritt International's Ambatovy nickel-cobalt mine in Madagascar. Credit: Sherritt International

Sherritt hit by low nickel prices at Ambatovy

Sherritt International (TSX: S) is bracing for a $1.6-billion non-cash impairment at its Ambatovy nickel-cobalt mine in Madagascar due to lower nickel prices, months after it cancelled its quarterly dividend for 2015 and 2016 to reduce…



Trevali Mining's Caribou zinc-lead-silver mine in New Brunswick, which is approaching commercial production. Photo by Salma Tarikh.

Scotiabank’s Pat Mohr on metal prices, China demand

Extremely challenging market conditions will persist for some time, but the resource sector can look forward to supply-side tightness in the medium-term, along with better metal prices, Pat Mohr, a vice-president and economics and commodity…


A driller at Wolfden Resources' Rice Island nickel-copper project in Manitoba. Source: Wolfden Resources

Wolfden hunts for nickel in Manitoba

VANCOUVER — When nickel giant Vale (NYSE: VALE) dropped its claims over the Rice Island nickel and copper project in the highly prolific Flin Flon–Snow Lake mining district of Manitoba in May, junior explorer Wolfden Resources…


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