Brucejack, Silvertip among BC’s biggest recent successes
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or…
Volume 105 Number 2 January 21 – February 3, 2019
Editorial: Newmont-Goldcorp merger rocks gold industry
The new year continues to be a fascinating one in the global mining industry, with the unveiling on Jan. 14 of Newmont Mining’s blockbuster US$10-billion…
Odds ‘n’ Sods: The treasure of Leija Cave
After spending 17 years with Newmont Mining as a senior exploration geologist, and being transferred twice in the same year (1997), I decided it was…
US markets rise, Jan. 7-11: Hecla, Pretium, Teck
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The…
TSX rises, Jan. 7-11: Barrick, Xanadu, Golden Queen, Pretium, Nautilus
After a jittery year-end, investors jumped back into stocks on the Toronto Stock Exchange during the first full week of trading in 2019, pushing the…
Newmont to buy Goldcorp for US$10B
Newmont Mining (NYSE: NEM) will acquire all outstanding Goldcorp (TSX: G; NYSE: GG) shares in a deal that values Goldcorp at US$10 billion to create…
TSX Venture rises, Jan. 7-11; Cobalt 27, K92, Ascot-IDM
Shares of Cobalt 27 Capital rose 26¢ to $4.44. In January 2019, the company bought Westgold Resources’ royalty on the Mount Marion lithium mine in…
Auryn finds copper zone at Sombrero in Peru
Auryn Resources (TSX: AUG; NYSE-AM: AUG) has found a zone of oxide copper mineralization at the Milpoc prospect, 12 km south of the Sombrero Main…
White Gold discovers near-surface mineralization at Betty
White Gold (TSXV: WGO; US-OTC: WHGOF) has found near-surface gold mineralization on its Betty gold project in Yukon’s White Gold district after drilling shallow, rotary…
Pacific Empire builds substantial land position in BC’s Babine district
Pacific Empire Minerals (TSXV: PEMC) has consolidated 90 sq. km of contiguous claims in central B.C.’s Babine copper-gold porphyry district into its Paragon copper-gold project…
Metals Commentary: Bright lights at end of long tunnel for lithium
Cold water was thrown on the lithium market in 2018, with prices falling and lithium miners’ equity prices falling alongside. We at Fastmarkets believe the…