O3 Mining hits near-surface gold at Malartic
Drilling at O3 Mining’s (TSXV: OIII) Malartic property in Val d’Or, Que., hit near-surface extensions of the Kierens gold deposit, outside of the proposed pit…
News
China targets 20% share of new energy vehicle sales by 2025
The Chinese government has launched a new energy vehicle (NEV) industry development plan that will see NEV sales account for 20% of the country’s total…
The Northern Miner Podcast – episode 211: Professor Dennis Buchanan on building skills in the mining business
This week’s episode featured Professor Dennis Buchanan, senior research fellow and director of the MSC in metals and energy finance in the department of Earth…
Rainbow, Bosveld to develop rare earths project in South Africa
Africa-focused Rainbow Rare Earths (LSE: RBW) has signed an agreement with Bosveld Phosphates to co-develop the Phalaborwa rare earths project in South Africa. The asset…
Torex Gold posts ‘extraordinary’ Q3 results
Mexico-focused Torex Gold Resources (TSX: TGX) is the latest gold miner to report surging profits on the back of a strong gold price. For its…
Rio Tinto closes Argyle diamond mine after 37 years
Pink diamonds, already rare, are about to get scarcer as Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has closed its iconic Argyle diamond mine,…
Copper Mountain posts strong Q3, lowers cost guidance
In the third quarter, Copper Mountain Mining’s (TSX: CMMC) flagship namesake open-pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. copper-equivalent,…
VanadiumCorp says Lac Dore is ‘one of the largest and highest-grade vanadium resources in North America’
VanadiumCorp Resource (TSXV: VRB; US-OTC: APAFF) has released the first resource estimate for the Main zone at its wholly-owned Lac Dore vanadium project in northern Quebec,…
Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in…
US markets slump, Oct. 26-30
The Dow Jones Industrial Average slumped 6.47% to finish the week at 26,501.60, and the S&P 500 fell by 5.64% to 3,269.96. Spot gold dropped…
TSX down, Oct. 26-30
The S&P/TSX Composite Index fell 4.44% to 15,580.64 during the Oct. 26-Oct. 30 trading week. The S&P/TSX Global Mining Index declined by 2.52% to 92.89,…
TSX Venture falls nearly 5%, Oct. 26-30
The S&P/TSX Venture Composite Index fell 34.35 points, or 4.78%, to 683.78 during the Oct. 26-30 trading week. Spot gold finished the trading week at…