Editorial: Keeping up with gold price forecasts
As if there weren’t enough upheaval in the markets. Now Canada’s Bank of Nova Scotia (Scotiabank) — one of the world’s biggest lenders to the…
Gold
Marathon Gold raises $30M in bought deal
Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has announced a $30 million (upsized from $26 million) bought deal. The net proceeds will be spent on permitting,…
Great Bear drills ‘robust gold results’ at Dixie
Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) has released drill results from its wholly owned 91.4-sq.-km Dixie gold property in Ontario. Of the 17 holes…
Africa Snapshot: Eight companies active on the continent
Africa offers pre-production and operating companies large areas of underexplored prospective terrain and, in many countries, established mining legislation. West Africa, in particular, has attracted…
PNG clashes with Barrick, Zijin over fate of Porgera mine
Barrick Gold (TSX: ABX; NYSE: GOLD) welcomed a court ruling on May 1 ordering the government of Papua New Guinea (PNG) to review a requested…
Balmoral makes high-grade gold discovery in Quebec
Balmoral Resources (TSX: BAR; US-OTC: BALMF) has made a new high-grade gold discovery at its wholly-owned Fenelon property. The property forms part of the company’s…
US markets fall, April 27-May 1: Vale, Barrick
The Dow Jones Industrial Average fell 0.22%, or 51.58 points, to 23,723.69, and the S&P 500 dropped 0.21%, or 6.03 points, to finish the trading…
TSX rises, April 27-May 1: MAG Silver, Lundin Gold, Troilus, SolGold
The S&P/TSX Composite Index rose 1.39% to 14,620.30 during the April 27-May 1 trading week. The Global Mining Index fell 0.81% to 82.25 and the…
TSX Venture rises, April 27-May 1: Probe Metals, Orford Mining, Bluebird Battery Metals
The S&P/TSX Venture Composite Index rose by 2.26%, or 10.45 points, to finish the trading week at 473.09, with gold finishing the week at US$1,702.90…
Perseus pushes ahead in West Africa, despite virus threat
Perseus Mining (TSX: PRU; ASX: PRU ) is building its second open-pit mine in Cote d’Ivoire and its third in West Africa, and expects to…
Commentary: Gold hits turbulence amid coronavirus disruptions
A key result of the grip of the coronavirus is the severe disruption to the commodity markets on both sides of the supply chain. A…
COVID-19 disrupts US$6.9B of global mining output, S&P Global says
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get…