US markets fall during May 2-6 trading week
The Dow Jones Industrial Average fell 162.13 points or 0.49% to 32,899.37 and the S&P 500 fell 32.04 points or 0.77% over the week to 4,123.34. Shares of Cameco fell…
Cameco
CIBC initiates coverage of Cameco and remains “bullish” on uranium sector
CIBC Capital Markets has initiated coverage of Cameco (TSX: CCO; NYSE: CCJ) with an outperformer rating and a price target in the next 12-18 months of $37 for the Canadian…
Terra Uranium signs option deal with CanAlaska for two uranium projects in Saskatchewan
Australia’s Terra Uranium has signed a deal to earn up to an 80% interest in CanAlaska Uranium’s (TSXV: CVV; US-OTC: CVVUF) 100%-owned Waterbury East and McTavish projects in Saskatchewan’s Eastern Athabasca Basin. Under the option agreement Terra can earn an…
US markets pick up steam, Oct. 11-15
The Dow Jones Industrial Average rose 548.51 points or 1.58% to 35,294.76 and the S&P 500 climbed 80.03 points or 1.82% to 4,471.37 in the Oct. 11-15 trading week. Spot…
Uranium tops Morgan Stanley’s commodity thermometer
Morgan Stanley has placed uranium at the very top of its Metals and Mining Commodity Thermometer. Uranium was assigned a ‘most bullish’ thesis of 17 mined commodities under the bank’s…
Cameco pares Q2 loss as uranium contract business grows
Canada’s largest uranium producer Cameco (TSX: CCO) says it has managed to narrow its June-quarter headline loss despite a 32% drop in overall revenue. The quarter also saw its long-term…
Top 10 Canadian companies with assets in the U.S.
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the country. The Northern Miner presents its Top 10 list of the biggest Canada-based…
TSX up, July 5-9
The S&P/TSX Composite Index rose 0.16% to 20,257.95 during the July 5-9 trading week. The S&P/TSX Global Mining Index climbed 2.24% to 109.76, and the S&P/TSX Global Base Metals Index…
Canada’s Top Ten miners by market cap
Canada is considered one of the world’s premier mining jurisdictions thanks to its refined financial services industry, skilled workforce and robust regulatory environment. The Toronto Stock Exchange is the world’s…
TSX up, April 12-16
The S&P/TSX Composite Index rose 0.64% to 19,351.32 during the April 12-16 trading week. The S&P/TSX Global Mining Index jumped 4.81% to 111.25, and the S&P/TSX Global Base Metals Index…
UEX hits high-grade cobalt-nickel mineralisation at West Bear
UEX (TSX: UEX; US-OTC: UEXCF) has reported drill results from the Michael Lake zone on its 100%-owned West Bear cobalt-nickel deposit in the eastern Athabasca basin of Saskatchewan, about 740 km…
Interview: Endeavour’s CEO Sebastien de Montessus on M&A, the “magic box” and creating a Top Ten gold miner
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has become a Top Ten global gold producer since announcing two major acquisitions last year – Semafo and Teranga Gold. It is now the…