Canada

TSX Venture Exchange, June 24-28

The S&P/TSX Venture Composite Index has been slipping for four weeks after dropping 1.6%, or 14.39 points, en route to a 881.40-point weekly close. It has lost around 9%, or 87.66 points, since the first week of June. 


Core testing at Royal Nickel's Dumont project in Quebec. Source: Royal Nickel

Royal Nickel’s Dumont reaches feasibility

Royal Nickel (RNX-T) has something to cheer about with a positive feasibility study tabled on its large-scale Dumont nickel-sulphide project in Quebec’s Abitibi region, 25 km west of the city of Amos and 60 km northeast from the…




Fortune Minerals gets strategic investment

Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering Co., is making an $11.7 million strategic investment in Fortune Minerals (FT-T) at a price of 40¢ per share — a 14% premium over…




Recently built surface infrastructure at North American Palladium's Lac des Iles palladium mine near Thunder Bay, Ontario. Source: North American Palladium

NAP raises funds for Lac des Iles

North American Palladium (PDL-T, PAL-N), or NAP, secured some much-needed cash to keep expanding its Lac des Iles (LDI) primary palladium mine near Thunder Bay, Ont. 


Anaconda Mining's Pine Cove open-pit gold mine in Newfoundland's Baie Verte Peninsula. Source: Anaconda Mining

Anaconda improves with age

If you ask Dustin Angelo about Anaconda Mining (ANX-T) and its operating Pine Cove gold mine just east of Baie Verte on Newfoundland’s northeast coast, the first thing he’ll tell you is that it was a turnaround project that has…


A worker prepares samples at Mega Precious Metals' Monument Bay gold-tungsten project, 570 km northeast of Winnipeg, Manitoba. Source: Mega Precious Metals

Mega Precious Metals adds ounces at Monument Bay

VANCOUVER — A lot has changed over the past 18 months for junior explorer Mega Precious Metals (MGP-V) and its Monument Bay gold-tungsten project located 570 km northeast of Winnipeg, Man. Though gold markets have taken a beating, Mega…



Editorial: Building glass mines

Canada’s extractive industries got some high-profile international attention in mid-June. Prime Minister Stephen Harper used the lead-up to the G8 summit in London to announce that the federal government intends to establish new mandatory…


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