Ernst & Young supports the merger of the TMX Group and LSE since it believes that the respective strengths of the two exchanges would complement one another. In a report looking at increased market capitalization on the TSX by miners, Ernst & Young says that both the LSE and TSX provide rich sources of capital to companies at different stages in the mining lifecycle. While the TSX is good at attracting startup and exploration companies, the LSE is focused on developed and diversified businesses.

Market capitalisation for miners on the TSX and TSX Venture rose from Can$325 billion in 2009 to $467 billion in 2010, according to a study released by Ernst & Young on Wednesday. The study also found that the mining sector raised $17.7 billion through IPOs and private placements, eclipsing the oil and gas industry which only managed $11.3 billion. The study also found that there were 52 mining initial public offerings on the TSX and TSX Venture that raised more than $1.3 billion.

Quebec's three-year run as the Fraser Institute's favourite mining jurisdiction ended after Alberta took the top spot. Releasing it's findings on Wednesday, the think tank lauded Alberta's tax policies and clear rules regarding mining. “Alberta’s resource-friendly government, competitive taxation regime, and superior infrastructure render the province a standout for mining investment, not only in Canada but also globally,” said Fred McMahon, coordinator of the survey and the Institute’s vice-president of international policy research.

On Tuesday the Ontario Superior Court of Justice dismissed Inspiration Mining Corporation’s court application against URSA Major Minerals. Inspiration sought to reverse […]

Argonaut Resources NL (ASX:  ARE) announced on Friday results from pre-collar assays from the Alford project (EL3969) on South Australia’s Yorke Peninsula. Highlights from the intercepts were ALDDH10: 78m at 0.62% Cu from 88m. It also included 54m at 0.86% Cu from 88m.

Bellzone Mining announced on Tuesday that it had completed a US$133 million placement of 102 million ordinary shares. Canaccord Genuity Limited was the lead manager. Bellzone, an AIM-listed company, is developing two iron ore and nickel/copper assets in Guinea, West Africa. The Kalia iron deposit, a 50mtpa iron ore operation, is the company's flagship project.

Fifteen holes have been drilled so far at Ormonde Mining's Tungsten project in Barruecopardo. The company released the final results of the infill drilling program on Wednesday.

CALGARY, ALBERTA As previously announced, TVI and TG World have entered into an Arrangement Agreement whereby holders of TG World shares will receive 0.458 of a common share of TVI for each TG World share held. The Arrangement is subject to approval of

Looking at the hostile offer by Equinox to buy Lundin, The Globe and Mail reports that some of the recent mining deals may […]

Canada Lithium said today it will have to take another look at a resource estimate it used to fund a Can$202-million open pit mine in Quebec. The company said that it was unable to reconcile its own results with a previously announced 43-101-compliant report dated Oct. 28, 2010. In January the company raised Can$110 million via a bought-deal financing.

Quadra Fnx Mining earned $173 million or $1.11 per share in 2010 compared to $89 million in 2009. “The increased earnings in […]

Gross domestic product in Canada rose 0.8% in the fourth quarter, said Statistics Canada today. The result was a doubling of the […]