Top 10 US-based miners
The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization. 1. Newmont Goldcorp Market cap: US$31.8 billion Newmont Goldcorp (NYSE: NEM) is a…
Royal Gold Inc
Cupric Canyon secures financing for Khoemacau in Botswana
A US$565-million funding package brings Cupric Canyon Capital one step closer to turning its Khoemacau project into a major copper and silver mine in northwestern…
Site visit: Sam Coetzer breathes new life into Golden Star
PRESTEA, GHANA — Sam Coetzer was senior vice-president of Kinross Gold’s (TSX: K; NYSE: KGC) South American operations when he got a call in 2011 from Christopher…
New Gold redesigns tailings facility, raises capex
With tailings dam disasters at Imperial Metals’ Mount Polley mine in B.C., and the Samarco mine jointly owned by BHP Billiton and Vale in Brazil,…
Centerra unveils US$1.1B bid for Thompson Creek
VANCOUVER — Centerra Gold (TSX: CG; US-OTC: CAGDF) has been shopping for gold assets in Canada, and on July 5 the company found a fit in debt-heavy Thompson…
TSX returns to a bull market, May 30–June 3
The S&P/TSX Composite Index rose nearly 0.9% to close at 14,226.78, up 20% from its Jan. 20 low, and marking a return to a bull…
TSX moves higher, April 25-29
After posting a 0.6% gain in January, Canada’s gross domestic product shrank 0.1% in February, but still beat expectations of a 0.2% contraction, according to…
Thornton’s Barrick looks leaner
Barrick Gold (TSX: ABX; NYSE: ABX) is benefitting from going back to the basics, under the direction of chair John Thornton.
TSX ends mixed, Feb. 1-5
Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified…
TSX approaches 12,000 level, Jan. 11-15
It was a nasty week on the markets as oil sank below US$30 per barrel for the first time since 2003 and the Canadian dollar dropped below US69¢ for the first time in 13 years, closing at US68.82¢. The S&P/TSX Composite Index…
Rubicon’s F2 deposit is uneconomic
A revised geological model and updated resource estimate that eviscerates much of the tonnage and grade at Rubicon Minerals’ (TSX: RMX; US-OTC: RBYCF) F2 gold deposit means that more exploration would be needed at depth and along strike…
Wall Street stocks down sharply, Jan. 4-8
The opening week of 2016 marked the worst first week in history for Wall Street stocks, as oil prices fell to their lowest level in more than a decade and concerns about slowing growth in China spooked global markets. Manufacturing data in…