Erdene Resource Development Corporation

The crusher, stockpile and cell on the heap-leach pad at Steppe Gold’s Altan Tsagaan Ovoo gold-silver project in eastern Mongolia. Credit: Steppe Gold.

Steppe Gold nears production at ATO

Since Steppe Gold (TSX: STGO) bought Altan Tsagaan Ovoo (ATO) from Centerra Gold (TSX: CG) for $19.8 million in January 2017, the junior has made…

TSX surges, June 2-6

The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs…

Toronto Stock Exchange, Nov. 18-22

The S&P/TSX Composite Index ended the trading week relatively flat, as concerns about the U.S. Federal Reserve curbing its monetary stimulus lingered. Canada’s benchmark index fell 4 points to 13,478.34 points, after touching…

U.S. markets, Nov. 11-15

The Dow Jones Industrial Average and the S&P 500 Index had another week of record highs. The Dow edged 1.27% higher to close the week at 15,961.70, while the S&P 500 advanced 1.56% to 1,798.18. The Philadelphia Gold & Silver Index…

Xstrata and JX Nippon pledge $35M to BC coal

Xstrata’s (XTA-L) coal division is wasting little time in advancing its recently secured coal fields in B.C.’s Peace River region, as it and 25% joint-venture partner JX Nippon Oil and Energy launch into a $35-million prefeasibility…

An aerial view of Xstrata and Erdene Resource Development's Donkin coal project site on the coast of Nova Scotia's Cape Breton Island. Photo by Erdene Resource Development

Xstrata seeks buyer for Donkin

Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L), is looking to sell its 75% stake in the Donkin coal project in Atlantic Canada.  

Xstrata Coal seeks buyer for Donkin stake

Joining a growing list of mining companies that are reassessing their business strategies and core assets, Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L, XSRAF-O), says it is looking to sell its 75% stake in the Donkin coal…

Xstrata expands Canadian coal footprint

Swiss-based mining giant Xstrata (XTA-L) has struck a deal to buy the Sukunka coking coal deposit in northern B.C.’s Peace River region from Calgary-based Talisman Energy (TLM-T, TLM-N) for a cool US$500 million in cash.

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