U.S. markets rise, March. 1-5
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped…
Gold
TSX Venture falls, March 1-5
The S&P/TSX Venture Composite Index dropped 9.83% to 918.36. Spot gold fell US$35.50 per oz. to US$1,700.10. Shares of New Found Gold climbed 48¢ to…
Miners await presidential elections in Ecuador
On April 11th, Ecuadorians choose a new president with critical implications for the country’s nascent mining industry. For many, the vote is a referendum on…
Resource nationalism surge spells rough times for miners
Resource nationalism has spiked in more than 30 countries over the last year and more than half of those nations are key producers of minerals and…
Colombia, Ecuador & Peru Snapshot: Companies with interesting properties to watch
While Colombia, Ecuador and some parts of Peru are less explored than some more established mining jurisdictions, the three countries feature a rich mining history…
Unigold hits high-grade mineralisation at depth on Neita concession in the Dominican Republic
Unigold (TSXV: UGD; US-OTC: UGDIF) has released the latest drill results from its exploration program at the Candelones Extension deposit, part of the company’s wholly-owned Neita…
Generation Mining feasibility defines 13-year open pit mine
A feasibility study from Generation Mining (TSX: GENM) on its 80%-held Marathon palladium-copper project in northwestern Ontario suggests a 25,200 tonne per day open pit…
PureGold drills high-grade gold at three targets as mine ramps up
Pure Gold Mining (TSXV: PGM; LSE: PUR) has released the results of surface exploration drilling completed at the Wedge, Treasure Box and No. 1 Vein…
Turquoise Hill CEO quits on Rio Tinto meddling
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) announced on March 4 that its CEO Ulf Quellmann is leaving the company after majority-owner Rio Tinto (NYSE:…
Golden Predator to acquire Viva Gold and build ‘premier junior gold producer’
Golden Predator Mining (TSXV: GPY) has entered into a definitive arrangement agreement to acquire Viva Gold (TSXV: VAU) — bringing together Golden Predator’s past-producing Brewery…
Tier One Silver raises $13.5M ahead of Q2 drilling in Peru
With a listing on the Toronto Venture Exchange in the works, Tier One Silver has raised $13.5 million for exploration at its flagship Curibaya silver-gold…
First Majestic Silver takes Mexico tax row to arbitration
First Majestic Silver (TSX: FR; NYSE: AG) has initiated arbitration proceedings against the government of Mexico, which is seeking more than US$500 million from the company…