TSX slips, Oct. 14-18: First Majestic, Wesdome, Alamos Gold, Teck
The S&P/TSX Composite Index fell 0.23% to 16,377.10. The S&P/TSX Global Mining Index lost 1.29% to 73.48 and the S&P/TSX Global Base Metals Index dropped 0.60% to 96.86. The S&P/TSX…
Gold
US markets mixed, Oct. 14-18: Agnico Eagle, AngloGold Ashanti, Newmont Goldcorp
The Dow Jones Industrial Average fell 0.17% to 26,770.20, while the S&P 500 Index rose 0.54% to 2,986.20. Gold stayed relatively flat at US$1,489.60 per oz., up 0.05% for the…
Pretium’s Brucejack nets ‘steady cash flow’
In 2011, Pretium Resources (TSX: PVG; NYSE: PVG) shares skyrocketed on some of the most extraordinary gold and silver grades ever reported in B.C.’s Golden Triangle. An early assay from…
RNC bets Higginsville mill, mines worth cost of dilution
RNC Minerals (TSX: RNX; US-OTC: RNKLF) chairman and CEO Paul Huet is like the hockey coach who takes over mid-season because the team is underperforming. The Toronto-based company brought Huet…
TSX loses ground, Sept. 30-Oct. 4: Detour, Torex, Continental, Nutrien
The S&P/TSX Composite Index fell 1.5% to close at 16,449.35. Spot gold finished the trading week at US$1,504 per oz., up US$8.10 per ounce (0.54%). The S&P/TSX Global Gold Index…
Pit wall fails at Avesoro’s New Liberty gold mine in Liberia
Avesoro Resources (TSX: ASO) has suspended mining activities in the Kinjor-East pit at its New Liberty gold mine in Liberia, following the failure of a pit wall and ramp in the…
Sprott Asset Management invests $2M in Kootenay Silver
Kootenay Silver (TSXV: KTN; US-OTC: KOOYF) has announced a $2-million investment from Sprott Asset Management through a non-brokered private placement of 7.7 million units at 26¢ per unit. Each unit consists…
Premier and Centerra expand Hardrock deposit in Ontario
Greenstone Gold Mines, a 50-50 partnership between Premier Gold Mines (TSX: PGM) and Centerra Gold (TSX: CG), reports that its Hardrock gold deposit in northwestern Ontario has grown in grade…
Iamgold makes discovery at Karita project in Guinea
Iamgold (TSX: IMG; NYSE: IAG) has confirmed a new grassroots exploration discovery at its Karita gold project in northeastern Guinea. The project sits along a portion of West Africa’s Senegal-Mali…
Kinross denies Reuters report ‘putting future deals in Russia on hold’
A Reuters news report stating Kinross Gold (TSX: K; NYSE: KGC) is “putting future deals in Russia on hold” after recently acquiring a development project in the country is “an…
The Northern Miner Podcast – episode 154: Higher gold prices coming but may take time, ft Jeffrey Christian
This week’s episode features a special interview with CPM Group’s Jeffrey Christian by acting editor-in-chief Trish Saywell. Christian discusses precious metals prices and the macroeconomic dynamics that might be influencing…
Premier pours first gold at El Nino mine in Nevada
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has poured first gold at its El Nino underground mine in Nevada. The El Nino mine is part of the South Arturo mine project, which…