Editorial: Copper, iron, oil, gold prices all head south
Miners across the globe gritted their teeth in mid-November as commodity prices slumped further, continuing a decline that began more than a month ago.
Gold
Low gold prices in Q3 fuel rise in demand
The following is an edited summary of the World Gold Council’s Gold Demand Trends report for this year’s third quarter. For the full report, please visit www.gold.org.
High-grade shear zones a ‘game changer’ for Integra
Diligence is paying off for gold explorer Integra Gold (TSXV: ICG; US-OTC: ICGQF) in the prolific Val-d’Or gold mining camp, as a steady drill program has allowed the company to upgrade resources at its Triangle Zone gold deposit, 2.5 km…
Reservoir Minerals teams up with Rio Tinto
For a junior company to entice a major to earn-into an exploration project is impressive. To repeat that success with a different major on a separate set of concessions, and, at a dismal time in commodity markets, is nothing short of amazing….
Adventures in automation
Leaders in the mining industry are starting to recognize that automation is part of the answer to the sector’s productivity problems, says Michael Murphy, chief engineer, mining technology enabled solutions with leading mining sector…
Is mining innovation an oxymoron?
Newspapers are replete with articles denouncing the dearth of innovation in the mining sector. While we may argue about the causes – the sector’s capital intensive nature, the people who work in mining, etc. — most people will…
Open innovation takes root
Mining companies and organizations are increasingly going outside of the industry and using open innovation platforms to find solutions to their challenges.
US stocks inch up, Oct. 30-Nov. 5
U.S. equities stayed in positive territory, as investors waited for the monthly jobs report and possible reasons for the Federal Reserve to hike interest rates in December. The Dow Jones Industrial Average rose 107.63 points, or 0.6%, to…
Rubicon halts trial mining at Phoenix in Red Lake
VANCOUVER — Shares of developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) saw heavy losses after the company suspended underground development at its Phoenix gold deposit in Ontario’s prolific Red Lake district. The move…
Drones take productivity to new heights
In the face of one of the biggest downturns in the industry, cash-strapped miners and explorers are turning to unmanned aerial vehicle (UAV), or drone, technology as one way to help drive down costs, boost productivity and harness safety at…
Barrick pioneers cyanide-free processing at Goldstrike
Barrick Gold (TSX: ABX; NYSE: ABX) hit a major milestone late last year, after it poured its first cyanide-free gold bar at its Goldstrike operations in Nevada using nothing other than a common potato fertilizer.
Netolitzky’s Skeena seeks high grade at GJ
VANCOUVER — It’s taken NGEx Resources (TSX: NGQ; US-OTC: NGQRF) over three decades to bid farewell to its GJ porphyry copper-gold property, 60 km south of Dease Lake, B.C., but now the Chilean-focused explorer, along with majority…