New producer Marlin Gold debuts streaming subsidiary
VANCOUVER — Marlin Gold Mining (TSXV: MLN; US-OTC: MLNGF) just built a gold mine in Mexico’s Sinaloa state for US$23 million. That is intriguing, but on closer inspection, the intrigue deepens.
Volume 100 Number 5 Mar 17 - 23, 2014
Rob McEwen on gold, royalty companies and Argentina
In January 2013 Rob McEwen’s McEwen Mining (TSX: MUX; NYSE: MUX) opened its 100%-owned El Gallo 1 open-pit heap-leach mine in Mexico for $13 million. This year the mine is expected to produce 40,000 oz. gold at an average cash cost of…
Every hole a hit as Fission joins zones at PLS
VANCOUVER — Thirty-six holes into a 90-hole winter program, the five drill rigs at Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) Patterson Lake South (PLS) project are batting 100% in their hunt for mineralization between the known…
TSX posts gains, Mar. 3-7
Disappointing jobs data in Canada showing that the economy shed 7,000 jobs in February — leaving the country’s unemployment rate unchanged at 7% — were offset by news of stronger employment numbers in the U.S. The S&P/TSX…
US stocks up on strong jobs data, March 3-7
U.S. equities ended the trading week in positive territory, lifted by strong jobs data. The Labor Department reported that U.S. employers created 175,000 jobs in February, above the expected 149,000 positions.
TSX Venture bounces back, Mar. 3-7
The S&P/TSX Venture Composite Index returned to the black during the week, as it posted a 1.7%, or 17.6-point gain, en route to a 1,043.01-point weekly close. The political turmoil in the Ukraine is fuelling market volatility, with…
Markets show signs of financing life
VANCOUVER — For three years the sector struggled through a dearth of financing and mergers and acquisitions (M&A) activity. Two months into 2014, it seems this year will be better: equity valuations are improving, M&A offers are…
Nicaragua a priority, B2Gold says
With two of the company’s three operating mines in Nicaragua, B2 Gold (TSX: BTO; NYSE-MKT: BTG) is the country’s largest gold exporter and taxpayer, and one of its largest employers.
Editorial: Korean trade deal helps Canadian coal, aluminum
The Canadian government presented another gift to Canada’s mining industry with the signing of a new free-trade agreement with mineral-hungry South Korea.
PDAC honours six industry leaders
The Prospectors & Developers Association of Canada (PDAC) held its annual awards gala during the PDAC 2014 convention in Toronto earlier this month. Six exemplars of excellence in the industry were recognized. The award recipients are…
More big things to come from little Panama
PANAMA CITY, PANAMA — There may be 117 countries with more land mass and another 131 countries ahead of it when it comes to population, but for such a small country, Panama likes to do things big.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, March 11 2014Precious MetalsPrice…