Canada


US stocks drop, July 7-11

The S&P 500 Index dropped 18 points to 1,967.57, marking its worst week since April, as European economic uncertainty continued. The Dow Jones Industrial Average fell 124 points to 16,943.81, while the Nasdaq Composite Index gave back 70…


TSX Venture takes a step back, July 7-11

The S&P/TSX Venture Composite Index lost 1.4%, or 14.83 points, during the trading sessions before closing the week at 1,022.93 points. Markets were hit by falling energy futures and a report from Statistics Canada that indicated the…




Nova Scotia fracking study urges caution

Nova Scotia’s deputy chief medical officer Frank Atherton is recommending that the provincial government take a cautious approach to hydraulic fracturing, or fracking, and argues in a new discussion paper that the relevant authorities…


The Firebag silica sand project in northern Alberta. Credit: Athabasca Minerals

Dundee initiates coverage of Athabasca Minerals

Production at Athabasca Minerals’ (TSXV: ABM; US-OTC: ABCAF) Firebag silica sand project in northern Alberta could ramp up in late 2016 and early 2017 — perfect timing to capitalize on  growing frac sand demand in North…


The mill at Primero Mining's Black Fox gold mine in Timmins, Ontario.  Credit: Primero Mining

Primero gets to work on Black Fox underground

VANCOUVER — After snapping up Brigus Gold and its Black Fox mine for $220 million in late 2013, Primero Mining (TSX: P; NYSE: PPP) pledged it would turn operations around and realize the project’s dormant underground potential….


Geologist Chuck Fipke.

Fipke sells Ekati stakes to Dominion

VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.


TSX takes a break, June 30-July 4

Trading on the Toronto Stock Exchange was on the downbeat during the Canada Day shortened week, with the S&P/TSX Composite Index losing nearly 69 points to finish at 15,214.96.  The spot price for gold retreated US$7.91 per oz. to…




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