US equities jump, March 16-20
U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.
Gold
PDAC 2015: John Kaiser sees retail investors as industry lifeblood
Retail investors, historically the “lifeblood” of the junior mining sector, are largely gone from the picture, but need to return for the sector to survive the current downturn, John Kaiser argues.
Silver Wheaton’s Smallwood sees a ‘gold flavour to the portfolio’
VANCOUVER — Royalty and streaming leader Silver Wheaton (TSX: SLW; NYSE: SLW) has been increasing its presence in the gold space recently, and according to president and CEO Randy Smallwood that trend could continue, with many of the…
China’s Zijin Mining invests in Ivanhoe
Fresh on the heels of its 2015 Thayer Lindsley award win for discovering the Kamoa copper deposit in the Democratic Republic of the Congo (DRC), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has reeled in Zijin Mining as a strategic investor.
Sandstorm buys Diavik diamond mine royalty
Gold-focused royalty and streaming company Sandstorm Gold (TSX: SSL; NYSE: SAND) has branched out into diamonds.
NGEx builds on discovery in Chile-Argentina
VANCOUVER — Junior explorer NGEx Resources (TSX: NGQ; US-OTC: NGQRF) continues to expand mineralization at its Filo Del Sol project in a district it refers to as “Chile’s largest new copper-gold camp.” Bob Carmichael,…
PDAC 2015: Bristow bristles at folly of gold industry
Each year in Toronto, at the Prospectors & Developers Association of Canada mining convention, chief executive Mark Bristow holds court at an early morning breakfast meeting for some of the industry’s top bankers, analysts and…
Downturn a chance for governments to craft competitive policies: World Bank
Like other regions, Latin America has seen a slowdown in mining investment owing to the global decline in commodities prices.
Red Eagle poised to build Colombia’s next gold mine
VANCOUVER — It’s been a rapid race to production for junior Red Eagle Mining (TSXV: RD; US-OTC: RDEMF) at its Santa Rosa gold project, 70 km north of Medellin, Colombia. On March 10 the company received an environmental licence for…
Allied Nevada seeks bankruptcy protection
VANCOUVER — It’s been a bleak few years for Allied Nevada Gold (TSX: ANV; US-OTC: ANVGQ) and its employees and shareholders, as falling gold prices and operational difficulties combined to put the company in dire financial straits….
Kirkland Lake Gold mounts a comeback in the Southern Abitibi
VANCOUVER — The past two years have been a story of redemption for producer Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) at its Macassa mine and South Mine Complex in the prolific the Southern Abitibi gold belt, 46 km southeast of…
PDAC 2015: Greg McCoach’s firms to watch in 2015
Newsletter writer Greg McCoach of the Mining Speculator is sharing a number of quality names that he believes are worth looking at, despite the current downturn in the resource market, in part due to the strong U.S. dollar.