Silver Wheaton paying US$800M to raise Salobo gold stream to 75%
Silver Wheaton (TSX: SLW; NYSE: SLW) is offering a subsidiary of Vale (NYSE: VALE) US$800 million to buy another 25% gold stream from the Salobo…
Copper
TSX Venture rises, July 25-29
The S&P/TSX Venture Composite Index jumped 26.2 points, or 3.4%, to a 796.17-point close, while spot gold prices gained US$28.55, or 2.2%, to US$1,351.28 per…
Yukon Premier supports mines
DAWSON CITY, YUKON — Lining the quartz-gravel roads of Yukon’s Dawson City, the commercial hub of the legendary Klondike placer goldfields, are a number of…
TSX moves lower, July 18-22
A state of emergency imposed in Turkey following a failed military coup, an attack at a shopping mall in Germany that left nine people dead,…
Lupaka’s Invicta to hit commercial production in November
Lupaka Gold (TSXV: LPK) says a recent US$6.1-million gold purchase agreement with New York-based Pandion Mine Finance will get the construction of its Invicta polymetallic…
The Northern Miner podcast – episode 21: Land of the Midnight Sun
Matt and Lesley record on-site at the Yukon Mining Alliance Investment Conference 2016 in Dawson City! We dig into our conversations with Goldcorp (TSX: G; NYSE:…
Odds ‘n’ Sods: Strange discovery under a freakish quartzite mound in Arizona
Let’s start this story close to its end with an April 27, 1967, front-page headline from Tucson’s Arizona Daily Star: “Papagos lease site for copper…
Lundin Mining discovery to extend Eagle mine life
VANCOUVER — Lundin Mining’s (TSX: LUN; US-OTC: LUNMF) high-grade Eagle East nickel-copper discovery is on track to extend the life of its Eagle mine in western Marquette County of…
Centerra unveils US$1.1B bid for Thompson Creek
VANCOUVER — Centerra Gold (TSX: CG; US-OTC: CAGDF) has been shopping for gold assets in Canada, and on July 5 the company found a fit in debt-heavy Thompson…
Indonesian sale nets Newmont US$1.3B
VANCOUVER — Newmont Mining (NYSE: NEM) indicated earlier this year that it was in talks to divest its Indonesian business unit to a consortium of local investors,…
Imperial Metals to resume Mount Polley operations
VANCOUVER — The B.C. Ministry of Energy and Mines has given Imperial Metals (TSX: III; US-OTC: IPMLF) permission to resume full production at its Mount…
Kincora eyes massive land position in Mongolia’s South Gobi
VANCOUVER — Kincora Copper (TSXV: KCC; US-OTC: BZDLF) hopes that a renewed sense of political stability in Mongolia will reinvigorate investor interest, and it is…