Base Metals Snapshot: Eight companies on the hunt for base metals in the Americas
The rise in base metal prices in 2017 and early 2018 has translated into a lively exploration and development scene amongst companies focused on base…
Volume 104 Number 16 August 6 – 19, 2018
US markets hit all-time highs, July 23-27
Spot gold prices fell US$$5.20 over the period at US$1,223.95 per oz. in the face of continued strength in the greenback. The Philadelphia Gold and…
TSX Venture declines, July 23-27
The S&P/TSX Venture Composite Index fell 1% to end the trading week at 707.37. Sokoman Iron shares rose 263% to 15¢ after the company struck…
Site visit: Continental Gold cruising to production at Buritica
“Buritica is the flagship mining project for Colombia,” says Mateo Restrepo, president of Continental Gold (TSX: CNL; US-OTC: CGOOF). The project is more important here…
Editorial: C-suite departures hit Barrick, Teck, Lundin
The sudden and unexpected departure in late July of Barrick Gold president Kelvin Dushnisky — and more tellingly, the lack of a named replacement and…
TSX slips as gold stumbles, July 23-27
Canada’s benchmark index fell 0.25% to 16,393.95. The S&P/TSX Global Mining Index rose 0.98% to 72.68, while the S&P/TSX Global Gold Index fell 3.58% to…
Commentary: The graphite opportunity within the EV boom
One cannot open the paper or go online these days without seeing articles about the rosy future for electric vehicles (EVs) and grid storage, and…
Lundin’s NGEx sees big potential in Josemaria
NGEx Resources (TSX: NGQ) is moving ahead with a prefeasibility study on its Josemaria copper-gold porphyry deposit in Argentina’s San Juan province, and believes it…
Cameco suspends production at McArthur River and Key Lake
Cameco (TSX: CCO; NYSE: CCJ) will indefinitely suspend production at its McArthur River and Key Lake uranium mines in Saskatchewan, and, as a result, permanently…
Newmont buys 50% stake in Galore Creek from NovaGold
Newmont Mining (NYSE: NEM) has acquired NovaGold Resources’ (TSX: NG; NYSE-AM: NG) 50% stake in the Galore Creek copper-gold project in B.C. for staged payments…
Friedland: Ivanhoe is ready for the energy revolution
VANCOUVER — Robert Friedland, executive chairman of Ivanhoe Mines (TSX: IVN, US-OTC: IVPAF), was in fine form during his presentation at the Sprott Natural Resource…
Barrick loses US$94M in Q2
Barrick Gold (TSX: ABX; NYSE: ABX) reported a net loss of US$94 million (8¢ per share) in the second quarter on revenues of US$1.71 billion….