TSX Venture down with commodities, May 1-5
The S&P/TSX Venture Composite Index shed 25.05 points to a 781.72-point close over the trading week, as spot gold prices plunged US$40.27 to US$1,228.01 per oz., and Comex copper prices…
News
NxGold hunts for gold near Meliadine
VANCOUVER — NxGold (TSXV: NXN), a company founded by management of uranium explorer NexGen Energy (TSX: NXE; US-OTC: NXGEF), is preparing to explore for structurally hosted gold mineralization at its Kuulu project,…
TNM Video: Celebrating the GSC’s 175th ft. Steve Irwin
Lesley heads to the Geological Survey of Canada’s (GSC) offices in downtown Vancouver to celebrate Canada’s oldest scientific agency during its 175th anniversary. The GSC is part of the Earth Sciences…
TSX rises despite sagging commodity prices, May 1-5
Despite declining prices for gold and oil, Canada’s benchmark index has finished in positive territory. The S&P/TSX Composite Index rose 0.2% to 15,582.04. The S&P/TSX Global Mining Index, however, lost…
Gold price down, US markets up, May 1-5
The Dow Jones Industrial Average rose 0.32% to 21,006.94 and the S&P 500 climbed 0.63% to 2,399.29. The Philadelphia Gold and Silver Index fell 3.39% to 80.28 as gold prices…
Golden Arrow teams up with Silver Standard in Argentina
Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) has jumped from an explorer to a silver producer in Argentina in a fairytale-esque way. It will receive a 25% stake in Silver…
The Northern Miner podcast – episode 58: London Calling & the GSC’s 175th
Matt’s packing his bags and off to London for our inaugural Canadian Mining Symposium on May 9, but not before digging into the mining news/issues of the day and paying…
Editorial: Christy Clark targets US thermal coal in defense of BC lumber
Forget about blood diamonds, uranium and coltan, the most politically charged mined commodity these days in North America is coal, which has emerged as a political football in the B.C….
Lithium producers ramp up
Lithium is heating up, with the price globally on the rise following higher demand. The U.S. Geological Survey (USGS) estimates lithium production last year increased 12% due to a spike…
First Cobalt picks up assets in Canada, DRC
Since joining First Cobalt (TSXV: FCC) in March, president and CEO Trent Mell has wasted little time getting down to work — unveiling two large property transactions, raising $6 million…
Riverside, Centerra see promise at Glor in Sonora
VANCOUVER — Prospect generator Riverside Resources (TSXV: RRI) has launched into a 2,000-metre drill campaign with partner Centerra Gold (TSX: CG; US-OTC: CAGDF) at their Glor gold project, 8 km west of…
Camino CEO on possible IOCG discovery at Los Chapitos
VANCOUVER — Camino Minerals (TSXV: COR; US-OTC: CAMZF) is off to a strong start at its newly acquired, 67 sq. km Los Chapitos copper property in southern Peru. Camino is the…