TSX remains stable, April 17-21
Statistics Canada reported that Canada’s Consumer Price Index rose 1.6% year-on-year in March, after a 2% gain in February. The S&P/TSX Composite Index rose 0.5% to 15,614.48, while the Canadian…
Asia
TNM Data Miner: Trends in Canadian equity finance and investment
The Northern Miner has joined forces again with sister company Infomine to leverage the powerful Intelligence Mine database to outline trends in equity financing for Canadian mining during the most recent market downturn….
Barrick sells half of Veladero for $960M
Barrick Gold (TSX: ABX; NYSE: ABX) is selling half of its Veladero gold mine in Argentina to Shandong Gold Group for US$960 million, as part of a strategic cooperation agreement…
TNM Data Miner: Top-five global copper intercepts in March
Using the IntelligenceMine database of our sister company Infomine, The Northern Miner compiled five projects with the top copper intersections (grade multiplied by width) globally in March 2017, as reported publicly. XANADU MINES 1….
Saskatchewan the best place to invest, Fraser Institute says
Saskatchewan takes the crown as the most attractive jurisdiction for investment in the Fraser Institute’s annual Survey of Mining Companies 2016, moving up from second place in 2015, and dethroning Western…
Wall Street gains, Feb. 21-24
The S&P 500 Index added 0.69% to close at 2,367.34, while the Dow Jones Industrial Average climbed 0.96% to 20,821.76, both finishing at new highs during the holiday-abbreviated week. The…
TSX slips, Feb. 21-24
The S&P/TSX Composite Index lost ground, retreating 1.9% to 15,533.47, during the holiday-shortened trading week. The S&P/TSX Global Mining Index tumbled 5.2% to 67.69, while the S&P/TSX Global Gold Index lost…
OceanaGold hits headwinds in the Philippines
If anyone needed a reminder of the importance of diversifying risk, they need look no further than OceanaGold’s (TSX: OGC) news flow over the last two months. At the end…
It’s cobalt’s time to shine, Macquarie says
Cobalt seems to be making a comeback.Current spot prices of US$17 per lb. are well above the US$10 per lb. mark of late 2015, and the metal’s steady march higher…
Japanese utility Tepco ends contract, Cameco to pursue legal rights
In a hastily convened February conference call, CEO Tim Gitzel of Cameco (TSX: CCO; NYSE: CCJ) vowed he would “vigorously pursue remedies to recover value for our shareholders and other…
Rio Tinto to sell Aussie coal assets for US$2.4B
An agreement to sell Rio Tinto’s (NYSE: RIO; LSE: RIO) Hunter Valley thermal coal assets in Australia to Yancoal Australia (ASX: YAL; US-OTC: YACAF) may come as no surprise to…
TNM Data Miner: Top 5 global uranium resources
The Northern Miner has compiled the five largest uranium reserves and resources at projects around the world using the IntelligenceMine database of our sister company Infomine. The list excludes inactive projects. 1….