Volume 101 Number 4 Mar 9 - 15, 2015

Drill core at Commerce Resources' Blue River tantalum-niobium project, 250 km north of Kamloops, B.C. Credit: Commerce Resources

Commerce optimistic about finding project partners

Commerce Resources (TSXV: CCE; US-OTC: CMRZF) aims to complete prefeasibility studies for the Ashram rare earth element deposit on its Eldor project in Quebec, and the Upper Fir tantalum-niobium deposit on its Blue River project in B.C.

Equipment at SouthGobi Resources' Ovoot Tolgoi coal mine in Mongolia. Credit: SouthGobi Resources

Chinese firm Novel to buy stake in SouthGobi

A privately held company in China called Novel Sunrise Investments will become the largest shareholder in SouthGobi Resources (TSX: SGQ; US-OTC: SGQRF; HK: 1878) after it acquires shares from Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ), and…

Equipment at Coalspur Mines' Vista coal project in 2012, near Hinton, Alberta. Credit: Coalspur Mines

Buyer emerges for Coalspur Mines

When The Northern Miner visited Coalspur Mines’ (TSX: CPT; ASX: CPL) Vista coal project on the eastern edge of the Rocky Mountains in late 2010, seaborne thermal coal prices were trading at US$120 per tonne.

Cangold's Guadalupe de los Reyes gold-silver project in Sinaloa, Mexico. Credit: Cangold

Great Panther to snatch Cangold for $1.7M

Mexican-focused producer Great Panther Silver (TSX: GPR) is buying Cangold (TSXV: CLD; US-OTC: CGLJF) primarily to get its paws on the Guadalupe de los Reyes (GDLR) gold-silver project in Sinaloa state, in an all-share deal worth $1.7 million.

TSX closes higher, Feb. 23-27

Canada’s main stock index climbed as mining stocks rose on the back of higher commodity prices ahead of the annual Prospectors & Developers Association of Canada convention in Toronto. The four-day event started on March 1 and should…

U.S. stocks edge lower, Feb. 23-27

February was kind to U.S. stocks. Reuters reported that the Dow Jones Industrial Average rose 5.6% in its best monthly performance since January 2013; the S&P 500 Index was up 5.5%, its best monthly performance since October 2011; and the…

TSX Venture on the rise, Feb. 23-27

The S&P/TSX Venture Composite gained on the back of rising metal futures, rising 1.7%, or 11.79 points, en route to a 706.73-point close. Statistics Canada reported that, on a seasonally adjusted monthly basis, the Consumer Price Index…

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