Editorial: Oil climbs to two-year highs, gold hangs tough
Oil is one the largest unit costs for many miners, especially for those involved with open-pit operations and remote mines dependent on diesel power generation….
News
The Northern Miner podcast – episode 79: The cobalt craze (!) & AI in mining ft. IBM
We’re going high-tech this week with a focus on technological metals and the future of big data in the mining industry. Matt chats with Cobalt…
Chakana’s Soledad attracts Doug Kirwin
When a renowned geologist like Douglas Kirwin throws his weight behind a junior exploration company, the mining world usually sits up and takes notice. Kirwin,…
Broadway looks for porphyry discovery in Montana
VANCOUVER — Broadway Gold Mining (TSXV: BRD; US-OTC: BDWYF) is big-game hunting at its Madison gold-copper property in the historic Butte-Anaconda mining district, 38 km…
Venture posts gains, Oct. 30-Nov. 3
The S&P/TSX Venture Composite Index gained 4.6 points to a 791.98-point close, as spot gold prices fell US$3.44 to US$1,273.35 per oz., and Comex copper…
TSX rises slightly, Oct. 30-Nov. 3
Canada’s benchmark index rose 0.42% to finish the trading week at 16,020.16. The S&P/TSX Gold Mining Index and the S&P/TSX Global Gold Index posted incremental…
Rockcliff’s MacBride attracts Nevada Zinc
Nevada Zinc (TSXV: NZN) has entered an option agreement with Rockcliff Metals (TSXV: RCLF) to buy up to an 80% interest in Rockliff’s wholly owned…
US markets post marginal gains, Oct. 30-Nov. 3
The unemployment rate in the U.S. fell to 4.1% to a new 17-year low over the reporting period. Spot gold ended the week at US$1,269.40…
Site visit: Orca poised to succeed in Sudan
ABU HAMAD, SUDAN — It’s easy to tell when and where it last rained in the Nubian Desert. Grass sprouts up within a couple days…
Moody’s downgrades its outlook on Eldorado Gold
Eldorado Gold’s (TSX: ELD; NYSE: EGO) troubles in Greece and Turkey have prompted Moody’s Investors Service to downgrade its rating outlook for the gold producer…
Ross McElroy stakes new ground in Saskatchewan
Ross McElroy may call Kelowna, B.C., home, but his heart lies in Saskatchewan, where he has played a key role in four major discoveries in…
Cameco loses US$50M in Q3 as uranium languishes
VANCOUVER — Canada’s Cameco (TSX: CCO; NYSE: CCJ) is in damage control mode amidst the worst uranium market in over a decade. The company’s underwhelming…