US markets dip, Feb. 19-23
Gold closed at US$1,328.20, down 1.36% over the previous week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 3.24% to 80.53 and…
Volume 104 Number 5 March 5 – 18, 2018
Site visit: Northern Empire juggles options for Sterling gold
LAS VEGAS, NEVADA — Out in the Nevada desert, 160 km northwest of Las Vegas and amid military facilities where soldiers pilot drones in the…
Guyana Goldfields to accelerate production
VANCOUVER — Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has updated the mine plan at its flagship Aurora gold operation in Guyana, South America, that could boost…
Newcrest takes 27% stake in Lundin Gold
Newcrest Mining (TSX: NCM), Australia’s largest-listed gold producer, is investing US$250 million for a 27.1% stake in Lundin Gold (TSX: LUG), a Canadian junior whose …
Commentary: Apple and the vertical transformation of mining
In early February, Bloomberg reported that Apple Inc. was in direct talks with an undisclosed mining company to secure long-term cobalt supplies to support the…
Canstar, Adventus and Altius to consolidate Buchans camp
Last year, Osisko Metals (TSXV: OM) acquired more than 500 sq. km in the historic Bathurst mining camp of New Brunswick to develop a multi-deposit…
Prospect generator Evrim adds another JV
In the last year and a half, Evrim Resources (TSXV: EVM) has signed up two new joint-venture partners on projects in Mexico and British Columbia…
Fission Uranium’s Triple R deposit continues to grow
Despite uranium prices at decade lows and three years of belt-tightening, Fission Uranium (TSX: FCU; US-OTC: FCUUF) has increased the indicated resource at its Triple R deposit…
Pembridge offers cash and shares for Minto mine
U.K.-based Pembridge Resources (LON: PERE) is set to acquire the Yukon’s sole producing hard-rock mine. On Feb. 14, the company announced a deal with Capstone…
Probe Metals hikes resource at Val-d’Or East project
Probe Metals (TSXV: PRB; US-OTC: PROBF) has proved up more gold ounces and has greater confidence in its Val-d’Or East project after upgrading inferred ounces…
Peregrine Diamonds boosts resource at Chidliak
A resource update has brought the combined inferred resource of just two of 74 known kimberlites to 22 million carats at Peregrine Diamonds’ (TSX: PGD) Chidliak…
Hecla seeks arbitration to end Lucky Friday strike
VANCOUVER — Hecla Mining (NYSE: HL) is turning to arbitration to resolve a labour dispute at its Lucky Friday underground silver mine in Shoshone County, North…