PotashCorp suspends its newest mine in NB
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is indefinitely suspending its new Picadilly potash mine in New Brunswick to lower its company-wide costs — dismissing roughly 430 workers.
2016
TSX Venture loses more ground, Jan. 18-22
The S&P/TSX Venture Composite Index hit historic lows, as it dropped 1.1%, or 5.29 points, en route to a 483.67-point weekly close. Monetary stimulus measures were on the horizon for many of the world’s major economies, as European…
TSX rises on higher oil prices, Jan. 18-22
The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…
KWG turns to China for help in Ring of Fire
A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG…
Site visit: Western Copper sees Casino as an economic driver in the Yukon
WHITEHORSE, YUKON — It may not be the best time to develop a bulk-tonnage mining operation, but Western Copper and Gold (TSX: WRN; NYSE-MKT: WRN) is sure that the Casino copper-gold deposit will be one of the first projects off the…
ICSG: Copper market remains in balance as prices wallow
The following is an edited summary of the International Copper Study Group’s (ICSG) January 2016 Copper Bulletin. For more information and to buy the bulletin, visit www.icsg.org.
Sandstorm picks up 56 royalties from Teck
VANCOUVER — Business has been booming for outfits in the precious metal-streaming and royalty game, with the latest deal seeing Sandstorm Gold (TSX: SSL) amass another 56 royalties from Teck Resources (TSX: TCK.B; NYSE: TCK).
TSX Venture Exchange pledges to revitalize, diversify
A town hall meeting to discuss the TSX Venture Exchange’s proposed improvements to Canada’s public venture market filled a large ballroom at the Sheraton Hotel in Toronto on Jan. 18.
Letter to the editor: Reliable access vs. reliable understanding in BC
While Mr. Dirom’s recent opinion piece, “B.C. explorers need reliable access to land to make discoveries” (T.N.M., Jan. 25-31, 2016) raises valid concerns, he offers only the same tired and outdated responses that are actually…
Short Position Report
Short positions outstanding at Jan. 15/16 (with changes from Dec.31/15).
TSX Venture falls to historic low, Jan.11-15
The S&P/TSX Venture Composite Index is reaching historic lows, falling 5%, or 25.71 points, to a 488.96-point close.
Baja says commercial production is around the corner at Boleo
Tom Ogryzlo has been working hard to resuscitate Baja Mining (TSXV: BAJ) and its copper-cobalt-zinc Boleo project in Mexico since he was named interim CEO in May 2012 — a post he still holds to this day.