TSX mixed, Sept. 14-18
The S&P/TSX Composite Index fell 0.15% to 16,198.97 during the Sept. 14-18 trading week. The S&P/TSX Global Mining Index rose 0.52% to 101.18, and the…
Gold
TSX Venture moves higher, Sept. 14-18
The S&P/TSX Venture Composite Index climbed 1.64% to finish the Sept. 14-18 trading week at 745.37. Spot gold closed the week at US$1,988.90 per oz.,…
Callinex says Pine Bay could revitalise Flin Flon
The Flin Flon mining district, which straddles Manitoba and Saskatchewan, hosts Hudbay Minerals’ (TSX: HBM; NYSE: HBM) 777 mine. The underground mine, which has been…
Gold output to fall 1.7% in 2020 on shutdowns: report
The suspension of mining activities due to the Covid-19 outbreak in the second quarter of this year will result in a 1.7% decline in global…
Chile court orders ‘total and definitive’ closure of Barrick’s Pascua Lama
Chile’s environmental court has put the final nail in the coffin for Barrick Gold’s (TSX: ABX; NYSE: GOLD) giant Pascua-Lama gold-silver project, straddling the Argentina…
TomaGold sells 25% interest in Monster Lake project to Iamgold
TomaGold (TSXV: LOT) is selling its 25% interest in the Monster Lake project to Iamgold (TSX: IMG; NYSE: IAG). Under the sales agreement, Iamgold will pay TomaGold $500,000…
Magna Gold tables study on recently-acquired San Francisco mine
Magna Gold (TSXV: MGR; US-OTC: MGLQF) has released the results of a preliminary feasibility study (PFS) on its San Francisco mine, acquired earlier this year,…
CIBC predicts $32 silver, $2,300 gold in 2021
CIBC has raised its gold price forecasts to US$2,300 per oz. in 2021, US$2,200 per oz. in 2022, US$2,100 per oz. in 2023 and US$2,000…
The View from England: Good and bad news for British miners in September
There has been distinctly mixed news for British miners during the first half of September. First the bad news: The University of Exeter announced that…
Wesdome advances Kiena mine complex in Quebec
Wesdome Gold Mines (TSXV: WDO) has released drill results from underground definition drilling at its wholly owned Kiena mine complex, 15 km northwest of Val-d’Or and…
Argonaut drill results suggest connection between deposits
Drill results from the Central zone at Argonaut Gold’s (TSX: AR) wholly owned past-producing Magino gold project in Ontario hit high-grade gold intervals, which suggest…
Amex drills long gold intercepts at Denise zone in Quebec
Amex Exploration (TSXV: AMX; US-OTC: AMXEF) has reported assay results for seven holes completed at the Denise zone, within its Perron gold property in northwestern…