Endeavour Mining ends takeover talks with Centamin
Endeavour Mining (TSX: EDV) has walked away from a potential 1.47 billion lb. (US$1.9-billion) acquisition of Centamin (TSX: CEE; LON: CEY), citing lack of information…
Volume 106 Number 2 January 20 – February 2, 2019
Editorial: Canadians mourn loss of fellow citizens on Flight PS752
More than a thousand people attending the Canadian Mining Hall of Fame gala in Toronto on Jan. 9 bowed their heads in silence for the…
US markets rise, Jan. 6-10: Nutrien, Consol Energy, Endeavour Silver
The Dow Jones Industrial Average rose 0.66% to 28,823.77 and the S&P 500 Index gained 0.94% to 3,265.35. Spot gold climbed US$9.80 per oz. to…
TSX Venture dips, Jan. 6-10: K92, ScoZinc, Eloro
The S&P/TSX Venture Composite Index fell 0.87% to 582.35. Spot gold moved higher to US$1,562.10 per oz., up US$9.80 per ounce. Shares of K92 Mining…
TSX moves higher, Jan. 6-10: Kirkland Lake, Detour, Equinox, Teck
The S&P/TSX Composite Index rose 0.99% to 17,234.49 during the first full trading week of January. The S&P/TSX Global Mining Index fell 1.15% to 80.85,…
Commentary: Is a diesel supply shock coming?
New ocean shipping regulations could have a big impact this year. Under International Maritime Organization (IMO) rules that came into effect on Jan. 1, emissions…
Consolidation will continue in the gold sector, B of A says
A new report from Bank of America Securities puts the total deal value of global gold mergers and acquisitions last year at US$20.19 billion —…
Atlantic Nickel sells first nickel concentrate from Santa Rita
Santa Rita — one of the largest open-pit nickel sulphide mines in the world — has sold its first nickel concentrate since being placed on…
Doré Copper options Joe Mann gold mine
Recently listed Doré Copper Mining (TSXV: DCMC) has signed an option agreement to acquire 100% of the Joe Mann gold mine in Quebec. The project…
Alamos Gold takes stake in Red Pine
Alamos Gold (TSX: AGI; NYSE: AGI) has spent $1.9 million for an 11% stake in Red Pine Exploration (TSXV: RPX) on an undiluted basis and…
Sierra Metals grows resource at Bolivar mine
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) has updated the resource for its Bolivar underground mine in Chihuahua state, Mexico, based on 13,698 metres of infill…
State-owned Codelco struggles to maintain output
In October, the wheels started turning on one of the world’s largest conveyor systems. Once in full operation, 14 km of belts will bring 140,000…