TSX Venture dips, Sept. 18-22
The S&P/TSX Venture Composite Index shed 1.56 points to a 778.1-point close, as commodity prices declined amid hawkish comments from the U.S. Federal Reserve. Spot gold prices fell US$22.88 to…
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TSX rises, Sept. 18-22
During a relatively quiet week politically, Canada’s benchmark index rose steadily to 15,454.23 — a 1.85% gain — while the S&P/TSX Global Mining Index rose 0.24% to 66.34 and West…
Tahoe gets licence back, blockade remains at Escobal
Guatemala’s Supreme Court may have reinstated the Escobal mining licence of Tahoe Resources’ (TSX: THO; NYSE: THO) subsidiary, but the company can’t restart operations at the silver mine until a…
US markets post marginal increase, Sept. 18-22
The Dow Jones Industrial Average inched up 0.37% to 22,349.59 and the S&P 500 Index rose 0.08% to 2,502.22. The Philadelphia Gold and Silver Index fell 2.63% to 86.06, as…
Hecla sees ‘huge potential’ along Casa Berardi trend
VANCOUVER — Hecla Mining (NYSE: HL) saw untapped potential at the Casa Berardi gold mine when it swooped in with a “white knight,” $796-million offer for Aurizon Gold in early 2013….
Kinross cuts gold at Yorbeau’s Rouyn
Kinross Gold (TSX: K; NYSE: KGC) has intercepted high-grade gold during drilling at the Rouyn property, 4 km south of Rouyn-Noranda, Que., that could add significant resources at depth, partner…
Balmoral discovers more gold at Martiniere
Since drilling its first holes into the overburden that covers most of its Martiniere property in Quebec, Balmoral Resources (TSX: BAR; US-OTC: BALMF) has delineated three gold-bearing deposits along a…
Quebec’s Orbit Garant drills most since 2012
After a lengthy downturn across the industry, Orbit Garant Drilling (TSX: OGD) drilled more metres in fiscal 2017 than during any other year since the peak of the last cycle…
NorthIsle Copper tables PEA for North Island in BC
VANCOUVER — NorthIsle Copper and Gold (TSXV: NCX; US-OTC: NTCPF) has outlined a mine plan for its wholly owned North Island low-grade copper-gold project near the town of Port Hardy, B.C., at…
Eldorado withdraws threat to suspend investment in Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) will “temporarily postpone” a decision it made earlier this month to suspend its investments in Greece on Sept. 22 due to permitting delays and…
Adam Lundin on family ties, new role at Filo Mining
BEAVER CREEK, COLORADO — Almost two decades ago, Lukas Lundin’s Argentina Gold discovered the multimillion-ounce Veladero gold deposit in northwest Argentina, which led to the company being acquired in 1999 by Homestake…
Kinross solidifies plans at Tasiast, Round Mountain
VANCOUVER — Canadian producer Kinross Gold (TSX: K; NYSE: KGC) has outlined a path forward for two gold operations that it hopes will grow the company over the next decade. On…