Bidding war heats up for Guyana Goldfields
Takeover target Guyana Goldfields (TSX: GUY) said it has received a proposal from a “foreign-based multinational miner” valuing the company at $323 million (US$240 million),…
Read More
YMP launches $61.5K scholarship fund, including new lottery scholarship
The Young Mining Professionals (YMP) has announced the 2020 launch of its YMP Scholarship Fund, with a total of $61,500 available for the 2020-21 academic…
Perseus Mining to acquire Exore Resources
Perseus Mining (TSX: PRU; ASX: PRU) is acquiring Exore Resources (ASX: ERX) in an all-share deal worth A$58.9 million (US$41million). Exore Resources’ flagship Bagoe project…
Probe Metals extends gold zones at Val-d’Or East
Probe Metals (TSX: PRB; US-OTC: PROBF) has released assay results for drill holes completed at its wholly owned Val-d’Or East property, which covers 119 sq….
GoldMining reports 1M oz. resource at Almaden in Idaho
GoldMining (TSX: GOLD; US-OTC: GLDLF) has reported a mineral resource estimate for its wholly owned 17.2-sq.-km Almaden project, 140 km north of Boise in Idaho….
Atlantic Nickel hits milestones at Santa Rita in Brazil
The Santa Rita mine in Brazil — one of the largest open-pit nickel sulphide mines in the world — remains fully operational with limited disruptions…
Belgium expands probe into zinc miner Nyrstar
Belgium’s Financial Services and Markets Authority (FSMA) has broadened a probe kicked off in September 2019 into zinc firm Nyrstar NV that is looking into…
Osisko Mining raises $150M in bought deal
Osisko Mining (TSX: OSK) has entered into an agreement with Canaccord Genuity and Eight Capital as co-lead underwriters of a syndicate, which has agreed to…
The Northern Miner Podcast – episode 189: First Cobalt CEO Trent Mell on electric vehicles, cobalt demand and working with Glencore
This episode features First Cobalt CEO Trent Mell in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event…
Rio Tinto destroys 46,000-year-old Aboriginal site in Australia
Rio Tinto (NYSE: RIO; LSE: RIO) has apologized for accidentally blowing up a 46,000-year-old sacred indigenous site with dynamite while carrying out work to expand…
Editorial: One Country, One System
When my colleagues and I at the Far Eastern Economic Review and other news organizations covered Hong Kong’s return to Chinese rule on July 1,…
Centerra Gold kicks off commercial mining in Turkey
Centerra Gold (TSX: CG) has declared commercial production at its Öksüt mine in Turkey, four months after it poured first gold at the operation. The…
Genesis Metals drills Chevrier gold project in Quebec
Genesis Metals (TSXV: GIS) has released assay results for four holes completed at its 290-sq.-km Chevrier gold project near Chibougamau, Quebec. The drill highlights include…
Novagold under pressure after short seller report
Novagold Resources (TSX: NG; NYSE-AM: NG) said it’s preparing a full response to a scathing report from J Capital Research that accuses managers of the…
Iamgold buys Monarch Gold’s Fayolle for $11.5M
Monarch Gold (TSX: MQR) is selling its Fayolle property in western Quebec to Iamgold (TSX: IMG; NYSE: IAG) in a cash and share deal valued…
Exploration Snapshot: Eight gold companies mining in Canada
Canada’s prolific geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate…
TSX Venture rises, May 25-29: Searchlight Resources, Ely Gold Royalties, Azimut Exploration
The S&P/TSX Venture Composite Index rose by 2.20% to finish the trading week at 553.77. Spot gold ended the week at US$1,728.70 per oz., a…
US markets advance, May 25-May 29: Vale, Cleveland Cliffs, Fortuna Silver, Barrick
The Dow Jones Industrial Average rose 3.75% to 25,383.11, and the S&P 500 increased 3.01% to 3,044.31. Spot gold fell US$4.00 per oz., or 0.23%,…
TSX rises, May 25-29: Endeavour Mining, Yamana, RTG Mining, Guyana Goldfields
The S&P/TSX Composite Index rose 1.87% to 15,192.80 during the May 25-29 trading week. The S&P/TSX Global Mining Index fell 2.49% to 86.50 and the…
Canada Nickel grows Main and East zones at Crawford
Canada Nickel (TSXV: CNC) has released full assays for hole CR20-33 as well as nickel assays for hole CR20-32, which step out the East zone…
BofA forecasts metal price recovery post-COVID-19
Bank of America forecasts global copper consumption could contract by 18% year-over-year in 2020 should global GDP drop by an estimated 4.2% due to economic…
EPA declines to evaluate Northern Dynasty’s Pebble project despite concerns
Northern Dynasty Minerals (TSX: NDM) appears to be back on track towards obtaining final permits for its proposed massive copper-gold mine in Alaska after the…
Codelco profits down 85% despite output increase
Chile’s Codelco, the world’s largest copper producer, saw profit nosedive in the first three months of the year as prices for the metal dropped to…
The Northern Miner Podcast
The Northern Miner Podcast – episode 189: First Cobalt CEO Trent Mell on electric vehicles, cobalt demand and working with Glencore
The Northern Miner Podcast – episode 188: Golden Predator CEO Janet Lee-Sheriff on gold, community engagement and ESG
The Northern Miner Podcast – episode 187: How COVID-19 is impacting the uranium market, ft. Cameco
The Northern Miner Podcast – episode 186: Newmont ‘well-positioned’ to weather economic storm
Special Focus: Africa 2020
Africa Snapshot: Eight companies active on the continent
Africa offers pre-production and operating companies large areas of underexplored prospective terrain and, in many countries, established mining legislation. West Africa, in particular, has attracted…
Read More
Perseus pushes ahead in West Africa, despite virus threat
Ivanhoe trims budget; stays course at Kakula
Special Focus: Far North 2020
Far North Snapshot: Eight companies exploring the frontiers
As existing deposits and mines are advanced, companies are looking for new frontiers to secure their long-term production and growth. The northern portion of this…
Read More
Solstice Gold updates plans for Kahuna project in Nunavut
Palladium One lays groundwork for massive sulphide project in Finland
PDAC 2020
The Northern Miner Podcast – episode 180: The story of Pretium’s Brucejack mine, ft Joe Ovsenek at PDAC
This episode features a keynote speech by Pretium Resources president and CEO Joe Ovsenek at the Prospectors and Developers Association of Canada (PDAC) conference in…
PDAC tallies three confirmed COVID-19 cases
As the science continues to evolve around the transmission of the deadly coronavirus, the 23,000 people who attended the Prospectors & Developers’ Association of Canada…
The Northern Miner Podcast – episode 179: Superbugs, alternative energy and mining, ft Robert Friedland at PDAC, part 2
This episode features the second part of a keynote speech by mining mogul and financier Robert Friedland at the Prospectors and Developers Association of Canada (PDAC) conference…
The Next Frontier: Prospecting & mining on the Moon
Lost amid concerns about the COVID-19 coronavirus outbreak that has dominated headlines for weeks was news that the China National Space Administration (CNSA) has achieved…
The Northern Miner Podcast – episode 178: ‘The electrification of everything’, ft Robert Friedland at PDAC, part 1
This episode features the first part of a keynote speech by mining mogul and financier Robert Friedland at the Prospectors and Developers Association of Canada…
Editorial: Disruption – The new normal
What was surprising about the Prospectors and Developers Association of Canada (PDAC) conference this year was how many people actually showed up, with Covid-19 ripping…
The Northern Miner Podcast – episode 177: Gold ‘teetering on the brink of a production decline’, ft. Mark Bristow at PDAC
This episode features a keynote speech by Barrick Gold CEO Mark Bristow at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Bristow…
PDAC: Mark Bristow hammers home organic growth message
Mark Bristow used his keynote address at the 2020 PDAC conference to stress the importance of exploration for miners. “It’s geologists and exploration that drive…
PDAC: Mining is ‘close to home’ for Minister O’Regan
Canada’s Minister of Natural Resources Seamus O’Regan made his first appearance at the Prospectors and Developers Association of Canada (PDAC) convention in Toronto last week,…
PDAC: Investors increase scrutiny over ESG reporting
Among the many challenges facing the minerals exploration and mining industry, Environmental, Social and Governance (ESG) issues are receiving increased attention, with ESG programs now…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in…
PDAC: Friedland previews ‘Revenge of the Miners’
Renowned mining mogul Robert Friedland took a theatrical approach to introduce his message to PDAC convention attendees in early March. The Star Wars theme song…