Gold Fields bets big on South America
Since finding Salares Norte in the Atacama region of northern Chile in 2011, Gold Fields (NYSE: GFI) has carved out a resource from the project’s two orebodies of 3.66 million…
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Agnico Eagle slashes stake in Belo Sun Mining
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has sold 44.6 million common shares in Belo Sun Mining (TSX: BSX), slashing its stake in the company from 19.14% to 9.57%. The…
Equinox Gold nears production at Aurizona
Equinox Gold (TSXV: EQX; US-OTC: EQXGF) expects to pour the first gold at its Aurizona open-pit project in northeastern Brazil before year-end. The past-producing mine — which was put on…
White Gold District Yukon’s best hope for gold deposits
Mike Burke has been working as a geologist in the Yukon since 1990. He’s seen a lot of smaller discoveries, but says the territory still hosts company-defining gold deposits. “When…
Metals Commentary: Gold could hit US$1,450 this year, says Metals Focus
The following is an edited release from Metals Focus in London, based on its annual Gold Focus report. For more information and to access the full report, visit www.metalsfocus.com. After…
Osisko Metals on a mission of resource conversion at Pine Point
Just three days after Osisko Metals (TSXV: OM) closed the $34-million acquisition of Pine Point Mining, it announced it had kicked off a 50,000-metre drill program at the historic Pine…
TNM Video: Pierre Lassonde on gold stocks vs. bullion at CMS 2018
Franco-Nevada chairman and Canadian Mining Hall of Fame inductee Pierre Lassonde discusses the relationship between the price of gold and gold stocks in this clip from an interview with Northern…
TNM Video: Pierre Lassonde on the Dow-gold ratio at CMS 2018
Franco-Nevada chairman and Canadian Mining Hall of Fame inductee Pierre Lassonde shares his views on the Dow vs. gold ratio in this clip from an interview with Northern Miner publisher Anthony…
US markets rise marginally, April 16-20
The Dow Jones Industrial Average climbed 0.42% to 24,462.94 and the S&P 500 Index rose 0.52% to 2,670.14. Alcoa posted the largest gain, surging $5.05 per share to $60.01. The…
TSXV moves higher, April 16-20
The S&P/TSX Venture Composite Index climbed 1.13% to end the trading week at 804.96. Shares of Evrim Resources jumped 55¢, or 59.8%, to $1.47, on new exploration results at Cuale,…
TSX posts gain, April 16-20
Canada’s benchmark index gained 1.38% to 15,484.32. The S&P/TSX Global Mining Index rose 2.49% to 61.77 and the S&P/TSX Global Gold Index increased 0.80% to 191.79, while spot gold fell…
Editorial: Rusal sanctions sow market turmoil
The global aluminum markets have been in an uproar since April 6, when the U.S. government imposed tough sanctions on Russia’s oligarchs. Caught in the net are aluminum giant Rusal…