TSX drops, Jan 4-8
Canada’s benchmark index posted a triple-digit loss in the new year. The S&P/TSX Composite Index fell 4.3%, or 564.5 points to 12,445.45, despite a positive jobs report. The S&P/TSX Capped Diversified Metals & Mining Index…
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Drones take productivity to new heights
In the face of one of the biggest downturns in the industry, cash-strapped miners and explorers are turning to unmanned aerial vehicle (UAV), or drone, technology as one way to help drive down costs, boost productivity and harness safety at…
National Mining Hall of Fame to induct five more
U.S. mining industry leaders TS Ary, Frank F Aplan, Ralph E Bailey, John Campbell Greenway and Edward Steidle will be inducted into the National Mining Hall of Fame at a banquet on Oct. 23, 2015, in Pittsburgh, Pa. Based in Leadville, Colo.,…
NovaCopper buying Sunward to advance Alaska project
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) is acquiring Sunward Resources (TSX: SWD; US-OTC: SNWRF) for the cash it has in its vault — not just its gold project in Colombia.
TSX dragged lower by energy, jobs data, Dec. 1-5
Weaker-than-expected employment numbers showing Canada lost 10,700 jobs in November — which pushed up the unemployment rate to 6.6% from October’s 6.5% — along with disappointing earnings from the big banks and energy stocks…
Sean Roosen on Osisko’s new plan, Virginia deal
VANCOUVER — It’s been a wild year for Sean Roosen and his team at Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF), but now that the dust has settled the company looks poised to become a major player in the royalty and…
TSX moves higher on jobs data, March 31-April 4
Strong jobs data in Canada helped lift the S&P/TSX Composite Index by 0.93% to 14,393.10. The unemployment rate in March dropped for the first time this year, falling to 6.9%, as the economy added 42,900 jobs. The majority of the new jobs…
US National Mining Hall of Fame’s five new inductees
The National Mining Hall of Fame (NMHF) in the U.S. has announced five new inductees representing a cross section of the U.S. mining industry, coming from the domestic and worldwide metal production, education and health and safety…
Marathon cracks open gold system at Valentine Lake
Since picking up the 50% that it didn’t already own of the Valentine Lake gold project in Newfoundland, Marathon Gold (MOZ-T) has been busy proving up resources across the 260 sq. km flagship property, 57 km south of the mining town of…
Toronto Stock Exchange, March 11 – 15
The S&P/TSX Composite Index was down nearly 6 points to end the week at 12,830.03 points, thanks to a 1%, or 134-point decline, on March 13.
Market news: Toronto Stock Exchange
The Toronto stock market gained during the trading week as investors looked forward to a positive U.S. holiday retail season and good news coming out of Europe regarding Greece’s bailout plan.
Market news: TSX Venture Exchange
The TSX Venture Exchange made a modest gain of 12 points to 1,258.97 points for the period as global markets shrugged off their past selling ways and embraced a more positive outlook on the state of the world.