TSX Venture drops 2.5%, Dec. 4-10
The S&P/TSX Venture Composite Index fell 2.5%, or 12.85 points, to close at 504.28 points, weakened by collapsing oil prices and a sinking loonie.
2015
Nordgold raises stake in Northquest
As Canadian mining companies look inward, licking their wounds from the prolonged rout in commodity markets, a Russian gold producer with nine operating mines and heaps of cash has exercised warrants above market price to take a majority stake…
Anglo American’s radical rethink
VANCOUVER — Anglo American (US-OTC: AAUKY; LSE: AAL) intends to shrink the number of its employees by 63%, suspend its dividend, and close, sell or mothball its cash-flow negative assets to adapt to deteriorating market conditions.
Site Visit: Persistence pays off for INV Metals at Loma Larga
CUENCA, ECUADOR — Richard Spencer likes to think that there is a fine line between tenacity and stupidity in the exploration business.
Pilot rediscovers a Carlin-style gold trend in Utah
It’s not every day that a junior exploration company takes a step outside the well-trodden Carlin and Cortez districts of Nevada to look for Carlin-style gold deposits, but Pilot Gold (TSX: PLG; US-OTC: PLGTF) is proving to be the…
Premier Gold’s Downie sees ‘multiple opportunities’
Premier Gold Mines’ (TSX: PG; US-OTC: PIRGF) CEO Ewan Downie recently talked to The Northern Miner about the company’s decision to buy Pure Gold Mining’s (TSXV: PGM; US-OTC: LRTNF) land package so that it could expand its…
West Kirkland mulls options after landing Three Hills permit
VANCOUVER — West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) has come a long way over the past year at its Three Hills and Hasbrouck gold deposits in Nevada. And with a preliminary construction permit now in hand, it is ready to assess its…
Canadian Oil Sands CEO touts investors’ ‘rich opportunity’
Canadian Oil Sands (TSX: COS) management remains on the offensive in the face of a hostile takeover bid from Suncor Energy (TSX: SU; NYSE: SU) that it calls “opportunistic and exploitive.” On Dec. 1, president and CEO Ryan Kubik…
Uranium prices poised to rebound, analyst says
After some false starts in past years, an uptick in uranium prices may truly be around the corner, and this time analysts are more confident any rise will reflect a balance between demand and supply.
Premier Gold expands Hasaga in Red Lake
Premier Gold Mines’ (TSX: PG; US-OTC: PIRGF) story has of a lot of moving parts that are “moving us in the right direction,” CEO Ewan Downie says in his company’s blog.
Southern Arc shifts focus to Japan
In 2005, Southern Arc Minerals (TSXV: SA) became the first Canadian junior exploration company to return to Indonesia after the Asian financial crisis in 1997. The junior acquired two key projects: the West Lombok property on Southwest Lombok…
Interview: Krcmarov explains how Barrick nurtures its exploration culture
Richard Schodde, managing director of MinEx Consulting, investigated the investments and returns on exploration dollars spent in Canada, and presented his findings at this year’s Prospectors & Developers Association of Canada convention in…