Editorial: Terrorist attacks plague Burkina Faso
This week has been a particularly bloody one for sub-Saharan, West Africa mining nations, with major terrorist attacks on targets a day apart in Burkina Faso and Mali. In Burkina…
Gold
Asanko Gold revises guidance, shares tumble
Ten days after Asanko Gold (TSX: AKG; NYSE-MKT: AKG) said it was keeping its 2017 production guidance for its gold mine in Ghana at 230,000 to 240,000 oz. gold, the…
Killing of contractors casts pall over Continental’s Buritica
Over the last year, Continental Gold (TSX: CNL; US-OTC: CGOOF) has met a lot of goals in Colombia. It received the final environmental permit for its Buritica gold project last…
SolGold expands Alpala
VANCOUVER — SolGold (TSX: SOLG; USOTC: SLGGF; LON:SOLG) is building momentum at its 85%-owned Cascabel copper-gold project, 180 km north of Ecuador’s capital Quito. The company expects to ramp up from…
Uncertainty in Guatemala drives Tahoe to suspend dividend and guidance
Tahoe Resources (TSX: THO; NYSE: TAHO) is stopping dividend payments and company-wide guidance due to the suspension of its flagship Escobal silver mine in Guatemala. Ending the monthly 2¢-per-share dividend…
Novo Resources strikes gold at Purdy’s Reward in Australia
VANCOUVER — Shares of Novo Resources (TSXV: NVO; USOTC: NSRPF) have climbed since the company announced on July 12 it had found gold nuggets up to 4 cm long during…
Barrick’s Dushnisky on miner’s rebound, JVs
At the Canadian Mining Symposium hosted by The Northern Miner at Canada House in London, U.K., in May, session moderator Bill Whitelaw, executive vice-president of Northern Miner parent company Glacier…
Red Eagle grapples with ground conditions
VANCOUVER — Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t gone…
East Coast Snapshot: Eight juniors on the hunt in Atlantic Canada
Although many of the mineral deposits in Atlantic Canada are on the smaller side, the region is nonetheless home to dozens of junior explorers and developers with active programs in…
Commentary: One theory on the root of Acacia’s troubles in Tanzania
Long-simmering resource nationalism in Tanzania heated up this March with a sudden export ban on ore concentrates by Tanzanian President John Magufuli, who said that “based on the information that…
Editorial: Barrick’s Acacia, Tanzanian gov’t stay on collision course
The months-long showdown between Barrick Gold’s 63.9%-owned subsidiary Acacia Mining and the Tanzanian government heated up in the last days of July, with Acacia reporting that one of its senior…
US stocks on the rise, July 24-28
On the macroeconomic front, the U.S. dollar remained under pressure after U.S. Federal Reserve commentary on monetary policy, which indicted that inflation remains “below target.” The Fed suggested it would…