Centerra breaks even in Q3, before US$18M hit at Kumtor
Centerra Gold (TSX: CG; US-OTC: CAGDF) has widened its third-quarter loss, but is reducing its annual cost guidance to reflect lower operating costs at its Kumtor gold mine in Kyrgyzstan.
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Barrick, Agnico Eagle rise to the occasion
A slew of mining companies have recently rolled out their third-quarter financials, including Toronto-based gold miners Barrick Gold (TSX: ABX; NYSE: ABX) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM). Both firms published better than expected…
TSX edges lower, Oct. 23-29
The S&P/TSX Composite Index finished in negative territory, losing 0.6% to end at 13,791.88 points. The S&P/TSX Capped Diversified Metals & Mining Index dropped 10.6% to 411.68. The S&P/TSX Global Gold Index retreated 1.8% to…
Teck the latest major to join Arena in Atacama
Teck Resources (TSX: TCK.B; NYSE-MKT: TCK) has become the third company this year to sign a joint-venture option agreement with prospect developer Arena Minerals (TSXV: AN) on its Atacama property in Chile, 50 km from the port of Antofagasta.
Netolitzky’s Skeena seeks high grade at GJ
VANCOUVER — It’s taken NGEx Resources (TSX: NGQ; US-OTC: NGQRF) over three decades to bid farewell to its GJ porphyry copper-gold property, 60 km south of Dease Lake, B.C., but now the Chilean-focused explorer, along with majority…
Wolfden hunts for nickel in Manitoba
VANCOUVER — When nickel giant Vale (NYSE: VALE) dropped its claims over the Rice Island nickel and copper project in the highly prolific Flin Flon–Snow Lake mining district of Manitoba in May, junior explorer Wolfden Resources…
Another wave of red across Freeport’s quarterly results
VANCOUVER — Heavily weighted in the copper and energy business, mining giant Freeport-McMoRan (NYSE: FCX) is enduring the worst of the commodity rout, with big losses announced in its third-quarter fiscal results.
Diamond explorers flock to Botswana
Botswana is the world’s largest diamond producer by value and home to the incredibly rich and long-lived Tier 1 Orapa and Jwaneng mines, both owned…
Sable PEA sweetens Ekati
Looking to extend the mine life at its Ekati operation beyond 2020, when it’s now slated for closure, Dominion Diamond (TSX: DDC; NYSE: DDC) has…
Kennady North diamond project ‘coming together’: Site visit
YELLOWKNIFE — There’s a frosty glow across the rugged northern tundra at the Kennady North diamond project, 280 km east of Yellowknife, but the icy…
NuLegacy earns 70% of Iceberg gold deposit in Nevada
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) is standing at a crossroads, after fulfilling its 70% earn-in on the property in Nevada that hosts its flagship Iceberg gold deposit.
Kivalliq unveils robust Dipole results
Kivalliq Energy’s (TSXV: KIV; US-OTC: KVLQF) hunt for another high-grade uranium deposit at its Angilak property, 350 km west of Rankin Inlet, Nunavut, may well be over, with new assay results that have transformed the company’s…