PNG refuses to extend mining lease for Barrick’s Porgera mine
Papua New Guinea (PNG) is set to take control of Barrick Gold’s (TSX: ABX; NYSE: GOLD) Porgera mine after refusing to extend the company’s lease on environmental and social grounds,…
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BofA forecasts higher silver prices
Silver prices have dropped sharply year-to-date and are currently down 13.2% year-on-year at US$15.29 per oz., but the Bank of America (BofA) says its supply and demand model suggests that…
CIBC raises gold price forecast; shares top stock picks
CIBC is increasing its gold price forecast to US$1,725 per oz. in 2020 and US$1,800 per oz. in 2021, up from its previous estimates of US$1,600 per oz. for both…
GoGold drill results show ‘significant potential’ at Los Ricos
GoGold Resources (TSX: GGD; US-OTC: GLGDF) has reported assay results from 12 drill holes at its Los Ricos South project in the Mexican state of Jalisco, 100 km northwest of…
Silver investment demand jumped 12% in 2019: report
Despite the challenges presented by the COVID-19 pandemic in forecasting silver market conditions over the rest of the year, extended physical demand could drive the metal’s price higher in 2020,…
Emissions to drop 6% this year due to pandemic: WMO
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not…
Kirkland Lake drill results suggest high-grade corridor
Kirkland Lake Gold (TSX: KL; NYSE: KL) has released the results of 19 drill holes, as well as assays for 15 historical unreported and reinterpreted holes from the Macassa mine…
Canada Nickel’s Mark Selby sees Dumont-style deposit at Crawford
Mark Selby led a team that raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec from an initial resource to a fully permitted, construction-ready project for RNC…
BofA forecasts US$3,000 gold in 18 months
Bank of America says gold could hit US$3,000 per oz. in 18 months, up from a previous forecast of US$2,000 per oz. “As economic output contracts sharply, fiscal outlays surge,…
The Northern Miner Podcast – episode 183: PDAC, biogeochemistry, AI and space mining, ft Carl A. Williams
This week’s episode features an interview with Northern Miner senior reporter Carl A. Williams, who discusses all things mining and science, including biogeochemical prospecting, artificial intelligence and space mining. He…
Editorial: The good, the bad and the absurd
First the good news: Quebec’s decision last week to add mining to the list of priority activities and services permitted during the pandemic elicited quiet cheers from investors and lifted…
Gold Resource reports Q1 production from Nevada, Mexico
Gold Resource (NYSE-AM: GORO) has released preliminary first-quarter production results for its mining operations in the U.S. and Mexico. In Nevada, its Isabella Pearl open-pit heap leach mine, the company’s…