Gold Fields faces restructuring after losses and impairment charge
Gold Fields (NYSE: GFI) has posted an impairment charge of US$359 million in the first half of the year at its troubled South Deep mine…
Gold
TMAC posts mixed Q2 results
TMAC Resources (TSX: TMR) posted a net loss of $10.3 million (11¢ per share) in the second quarter and warned there might be a risk…
American Pacific Mining drills gold in Elko
Vancouver-based American Pacific Mining (CSE: USGD; US-OTC: USGDF) has reported encouraging results from its first phase drilling program at the Turscarora gold project in Elko,…
Osisko Mining to acquire Beaufield Resources
Osisko Mining (TSX:OSK) is stitching together a larger land package around its Windfall project in northern Quebec with its proposed $17.5 million all-share acquisition of…
Sokoman Iron sparks gold fever in Newfoundland
VANCOUVER — Sokoman Iron (TSXV: SIC; US-OTC: GDNDF) has struck gold with the first hole in drilling at its Moosehead gold project in central Newfoundland,…
Malian gov’t to double stake in B2Gold’s Fekola mine
B2Gold (TSX: BTO; NYSE-AM: BTG) is reporting the Malian government intends to buy an additional 10% stake in B2Gold’s Fekola gold mine in western Mali….
Barrick and NovaGold’s Donlin project receives federal permits
The Donlin gold project — one of the largest and highest grade undeveloped open-pit gold endowments in the world — has received a record of…
AngloGold terminates JV with Equinox
AngloGold Ashanti (NYSE: AU) has terminated the earn-in joint venture at Equinox Gold’s (TSXV: EQX; US-OTC: EQXGF) Aurizona gold mine project in northeastern Brazil. Equinox…
US markets slip, Aug. 6-10
The trading week began with U.S. President Donald Trump reimposing a number of sanctions on Iran — three months after he pulled the U.S. out…
TSX moves lower, Aug. 6-10
U.S. President Donald Trump’s decision to double tariffs on Turkish steel and aluminum roiled markets and prompted a further sell-off of Turkey’s currency. The S&P/TSX…
Top 10 Canada-based juniors with substantial assets in the US
Canadian junior companies have a large presence south of the border. The Northern Miner presents its top-10 list of the biggest Canada-based juniors with substantial…
First Majestic reports Q2 loss
Shares of First Majestic Silver (TSX: FR; NYSE: AG) were down 15% to $7.21 on the Toronto Stock Exchange at midday, after the company released…