Eldorado exits China with US$900-million in asset sales
VANCOUVER — It took two years, but mid-tier gold miner Eldorado Gold (TSX: ELD; NYSE: EGO) is finally divesting all of its development and production assets in China with the…
News
US markets end in the red, May 9-13
Concern about domestic and global growth sent the Dow Jones Industrial Average and the S&P 500 Index into the red for the third straight week. The Dow fell 1.12% to…
TSX ekes out slim gain, May 9-13
The ferocious wildfires in Alberta’s oil patch around Fort McMurray knocked an estimated 1 million barrels a day offline, prompting many economists to lower their 2016 gross domestic product growth…
The Northern Miner podcast – episode 12: Good times for gold
Lesley returns from Hawaii in time to talk about Goldcorp‘s (TSX: G; NYSE: GG) takeover of Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) and its Coffee project in the Yukon. Matt…
Trevali lowers costs at Santander mine
Trevali Mining’s (TSX: TV; US-OTC: TREVF) Santander zinc-lead-silver mine in Peru keeps beating expectations, and the company says it’s one of the lowest-cost operating mines in the country’s Central Mineral Belt….
Goldcorp offers $520M for Kaminak
Goldcorp (TSX: G; NYSE: GG) has offered to buy Kaminak Gold (TSXV: KAM) in a $520-million, all-share deal to get its hands on the junior’s high-grade Coffee gold project in…
Erdene’s Bayan Khundii gold discovery in Mongolia
VANCOUVER — Erdene Resource Development’s (TSX: ERD; US-OTC: ERDCF) presence in Mongolia dates back to the late 1990s, and it has experienced the good and bad of the oft-volatile country. The…
Veteran miner Kerry Knoll bets on moly renaissance
Since leaving his job as a journalist at The Northern Miner in 1987, Kerry Knoll has co-founded four companies and built four mines with his business partner Ian McDonald. Their…
Endeavour Silver to acquire Oro Silver Resources
Endeavour Silver’s (TSX: EDR; NYSE: EXK) search for development opportunities to shore up its portfolio of three producing silver mines in Mexico has resulted in an agreement to acquire Oro…
Falco outlines $905M gold mine in Horne PEA
VANCOUVER — Falco Resources (TSXV: FPC; US-OTC: FPRGF) hopes to have the historic Horne gold complex in Quebec back in production by 2020. On May 9, the company released a preliminary…
Netolitzky’s Skeena raises expectations for Spectrum
VANCOUVER – Skeena Resources’ (TSXV: SKE; US-OTC: SKREF) first resource for its Spectrum gold project, 37 km west of Imperial Metals’ (TSX: III; US-OTC: IPMLF) Red Chris mine in northwest…
Editorial: Taking stock of the wildfires that ravaged Fort McMurray
While there are no metals, minerals or coal in the nearby ground, the city of Fort McMurray, Alberta — as ground zero of Canada’s massive oilsands industry and all the…