Minera Alamos buys Cerro de Oro gold project in private sale
Canada’s Minera Alamos (TSX-V: MAI) is expanding its footprint in Mexico by acquiring the Cerro de Oro gold project in the north-central state of Zacatecas, its third asset…
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Donald Trump Jr calls for blocking Pebble mine
Opponents of Northern Dynasty Minerals’ (TSX: NDM) proposed Pebble copper-gold-molybdenum mine in Alaska found a new ally on Tuesday, as U.S. President Donald Trump’s son…
Covid-19 creates ‘perfect storm’ for gold investment: World Gold Council
With the price of gold having crested US$2,000 an ounce, the World Gold Council released its latest report on the precious metal’s demand trends. The…
Torex posts ‘solid’ Q2; updates 2020 guidance
Mexico-focused producer Torex Gold Resources (TSX: TXG) released its second quarter financial results and updated production guidance for the year: with 59,508 oz. gold generated…
B of A forecasts US$3,000 gold, US$35 silver on ‘financial repression’
In April, Bank of America Global Research increased its 18-month price target on gold from US$2,000 per oz. to US$3,000 per oz. and forecast an…
Gold breaks US$2,000 to all-time record high
Gold’s rally took another upturn on Tuesday, as it surpassed US$2,000 per ounce. By midday, spot gold had hit US$2,009.20 per oz., and at press…
Barrick, Skeena reach deal on Eskay Creek
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest bullion miner, said today that Canadian junior Skeena Resources (TSX-V: SKE) has decided to exercise an…
Pan American expands La Colorada deposit in Mexico
Silver producer Pan American Silver (TSX: PAAS; NYSE: PAAS) has updated the resource estimate for the La Colorada skarn deposit near its wholly owned La…
Lynas gets green light for waste treatment plant in Malaysia
Malaysia has approved Australian rare earths miner Lynas Corp.’s (ASX: LYC) application to build a permanent disposal facility for waste treatment, a minister said on…
Star Diamond reports sample results as Rio Tinto legal battle looms
Star Diamond (TSX: DIAM) has begun to receive results from Rio Tinto‘s bulk-sampling program at the Star-Orion South project in central Saskatchewan. Rio so far…
The Northern Miner Podcast – episode 198: Teck CEO Don Lindsay on the shift to copper, China and India, energy and ESG
This week’s episode features a wide-ranging interview with Teck Resources president and CEO Don Lindsay at the Canadian Mining Symposium on June 17, 2020. Northern…
Chilean regulator threatens to shut down BHP’s Escondida for exceeding its water permit
Chile’s environmental watchdog said it would charge BHP’s (NYSE, LSE: BHP) Escondida copper mine, the world’s largest, with drawing more water than its permits allowed…