TSX Venture edges down, March 21-24
The S&P/TSX Venture Composite Index peaked at 585.59 points over the holiday-shortened trading period before falling to a 580.02-point close, or a 0.8-point loss, as commodities retreat on speculation of…
Canada
US equities tumble, March 21–24
U.S. indexes snapped five weeks of gains after terrorist attacks in Brussels, which left 35 dead and hundreds injured, shook global markets. The S&P 500 Index fell 0.7% to 2,035.94…
Red Cloud revitalizes mining investment
In early March, Red Cloud Klondike Strike unveiled a regulated investment platform for mining companies to raise financings by accessing a larger pool of investors. So far, the Red Cloud…
The Northern Miner podcast – episode 5: The long weekend edition
Lesley Stokes and Matt Keevil head into the long weekend with discussions on CanAlaska Uranium‘s (TSXV: CVV; US-OTC: CVVUF) recent moves in the Athabasca Basin, Metanor Resources (TSXV: MTO; US-OTC:…
CEO interview: Rubicon’s Winship discusses Phoenix error
Michael Winship, a mining engineer, joined the board of Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) in 2011 and was appointed the company’s interim-president and CEO in October 2015. Rubicon started…
SGS Geostat team wins Integra’s Gold Rush Challenge
Using machine learning and traditional geological methods to make targets at Integra Gold’s (TSXV: ICG) Lamaque gold project, the Quebec-based team from SGS Geostat took home the top prize in…
IDM advances Red Mountain in BC
IDM Mining’s (TSX: IDM) Red Mountain gold project in northwestern B.C. is “one of the few near-term development stories in Canada,” Robert McLeod, president and CEO, said in a March…
Rubicon’s Phoenix unlikely to rise again
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) says there is “significant doubt” that it can continue as a going concern. The junior has breached a technical covenant on a US$50-million secured…
The Northern Miner podcast – episode 4: St. Paddy’s day special
Lesley Stokes and Matthew Keevil host a jam-packed show featuring commentary by Exploration Insights’ Brent Cook, a look at B2Gold’s next mine in Mali, and a chat on rising commodity…
Analysts see buoyant gold in 2016
Gold prices rallied in mid-March on the back of the U.S.Federal Reserve’s decision to lower interest rate expectations for 2016, with many economists and analysts forecasting the yellow metal would…
Moody’s cuts Goldcorp’s credit rating
Moody’s Investors Service has downgraded Goldcorp’s (TSX: G; NYSE: GG) senior unsecured ratings one notch above junk status, while confirming its ratings for Barrick Gold (TSX: ABX; NYSE: ABX), AngloGold…
PDAC 2016: Canadian bankers ponder future of mining finance
Debt, balance sheet repair and available financing were the main themes of a panel discussion on capital markets at the Prospectors & Developers Association of Canada convention. Since the early…