Metals Commentary: Economic uncertainty drives gold prices higher
The gold industry feels optimistic for the first time in years, as the price of the precious metal steadily rises amid fears of a global economic downturn. Gold miners, in…
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Ontario Snapshot: Eight companies with Ontario mines and exploration projects
Ontario is the largest mineral-producing province by value in Canada. Last year the province produced $10.1 billion in minerals, or 21.4% of Canada’s $47-billion worth of mineral production. It also…
Teranga’s Wahgnion gold mine starts ahead of schedule
Teranga Gold’s (TSX: TGZ; US-OTC: TGCDF) Wahgnion open-pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to 40,000 oz….
Is Chile losing ground in the lithium space?
Chile should lead the world in lithium production. The Salar de Atacama in northern Chile is the world’s largest and richest lithium resource, containing almost half the world’s known reserves,…
Argonaut Gold to hedge gold from El Castillo
After a challenging second quarter at its El Castillo complex in Mexico, Argonaut Gold (TSX: AR) will hedge part of the operation’s remaining life-of-mine production. The company told shareholders in…
Probe Metals hikes resource estimate at Val-d’Or East
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released an updated resource estimate for its Val-d’Or East project in Quebec. The project consists of three of its wholly owned properties — Pascalis,…
The Northern Miner Podcast – episode 150: Scotiabank’s Rory Johnston on metal prices and the global slowdown
This week marks the 150th episode of The Northern Miner Podcast, with new music, a hat tip to previous hosts, and a feature interview by acting editor-in-chief Trish Saywell with…
Rubicon optimistic on Phoenix study
A positive preliminary economic assessment (PEA) suggests Rubicon Minerals’ (TSX: RMX; US-OTC: RBYCF) once-troubled Phoenix gold project in northwestern Ontario could rise again. Trial mining of Phoenix’s F2 gold deposit…
Minera takes stake in Prime Mining
Minera Alamos (TSXV: MAI; CVE: MAI) has acquired a 16% interest in Prime Mining (TSXV: EPWR) — formerly known as ePower Metals — after buying 9.45 million Prime shares at 30¢ per share…
Osisko Gold Royalties bets on Sable Resources
Sable Resources (TSXV: SAE) says agreements potentially worth up to $12.6 million with Osisko Gold Royalties (TSX: OR) will finance exploration across its projects for the next four years. Osisko…
Kootenay drills more high-grade silver at Columba
High-grade silver assays are boosting Kootenay Silver’s (TSXV: KTN; US-OTC: KOOYF) confidence in its Columba silver project in the Mexican state of Chihuahua. The property is located 25 km south…
Horizonte shares rise on Orion financing
Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals’ (TSX: HZM; AIM: HZM) Araguaia project in Brazil, one of the…