The S&P/TSX Venture Composite Index dropped 1.5%, or 8.41 points, before closing at 541.50 points. The Canadian dollar hit an 11-year low during the trading period at US$74.76, while oil and base metal futures also finished in the red….
Listening to the CEOs of the world’s largest gold miners at this year’s annual Denver Gold Forum in September, you couldn’t help but notice they all sang off the same songsheet, despite the challenges of their individual…
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proving that struggling equity markets and global economic woes can’t keep a good project down. On Sept. 15 the company announced terms for a US$540-million…
The S&P/TSX Venture Composite Index had a bumpy ride, but gained 2.71 points en route to a 549.91-point close.
VANCOUVER — Attending the Coal Association of Canada’s annual gathering here in downtown Vancouver, it’s clear it’s a pretty terrible time to be in the coal business, and that goes for both the metallurgical (met or…
For a company that hasn’t had to raise equity since 2006 and whose last financing was a $7-million convertible debenture in 2012, which isn’t due until 2017, Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) has performed fairly well…
VANCOUVER — Noront Resources (TSXV: NOT; US-OTC: NOSOF) has emerged as a leader across the Ring of Fire region in the James Bay Lowlands of Northern Ontario, and it has a long-term plan in the works that it hopes will establish a…
South Africa-based Lonmin (LSE: LMI), one of the world’s largest primary producers of platinum group metals (PGMs), has signed an option agreement to earn a 50% initial interest in Wallbridge Mining’s (TSX: WM) four Parkin…
Galaxy Broadband has announced that Spectrum Telecom will represent the enterprise telecommunications provider in northern Ontario.
Stephen Harper is the only Canadian prime minister to ever attend the annual Prospectors & Developers Association of Canada convention in Toronto. As a show of respect on election day Oct. 19, he’ll have my vote.
Less than two months after a prefeasibility study showed that Rambler Metals & Mining (TSXV: RAB; LSE:RMM) could extend the life of its underground Ming copper-gold mine in Newfoundland’s Baie Verte region from six to 21 years, the…
At the end of August, Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) completed its earn-in for a 30% stake in the Wawa gold project, which hosts eight past-producing gold mines with average grades of 8.9 grams gold per tonne, 2 km southeast of…
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