Horizonte shares rise on Orion financing
Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals’ (TSX: HZM; AIM: HZM) Araguaia project in Brazil, one of the…
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Mexico Snapshot: Precious metals from coast to coast
Mineral companies large and small are active throughout Mexico. Precious metals remain the target of choice for explorers, developers and mine operators alike. Here are eight firms advancing assets in…
Probe Metals uncovers new gold zone at Monique
A regional exploration program on the Monique property, 25 km east of Val-d’Or in Quebec, has identified a new gold zone, Probe Metals (TSXV: PRB; US-OTC: PROBF) says. The 5,357-metre drill…
Site visit: Coro dusts off new copper find
MEJILLONES, CHILE — Coro Mining (TSX: COP) could soon be building Chile’s newest copper mine. You would think someone would have already looked here. High in the arid hills above…
US stocks drop, Aug. 19–23: Barrick, AngloGold Ashanti, Harmony Gold
The Dow Jones Industrial Average fell 0.99% to 25,628.90, and the S&P 500 Index dropped 1.44% to 2,847.11. Barrick Gold rose US75¢ to US$19.14 per share. The company reported second-quarter…
The Northern Miner Podcast – episode 149: Millennials and the mining industry, ft Bell, Usmar, Markham, Braunsteiner, Merrin
This episode features the Next-Gen Leaders Panel at The Northern Miner’s annual Canadian Mining Symposium held at Canada House in London, U.K., earlier this year. The panel consisted of Frederick…
TSX Venture rises, Aug. 19–23: Great Bear, Equinox, Cantex, Gowest
The S&P/TSX Venture Composite Index gained 2% to 581.95 during the trading week. Great Bear Resources recorded the biggest value gain, rising $1.45 to $6.52. On Aug. 21, the company…
TSX down, Aug. 19–23: Seabridge, SSR Mining, Torex, Prophecy
The S&P/TSX Composite Index fell 0.69% to 16,037.58. Spot gold finished the trading week at US$1526.60 per oz., up US$13.80, or 0.91%. The S&P/TSX Global Gold Index gained 4.67% to…
Mystery nickel buyer could restart First Quantum’s Ravensthorpe
First Quantum Minerals (TSX: FM; LSE: FQM) management says it could have a buyer for any nickel produced from a restart of the venerable Ravensthorpe nickel-cobalt mine at Bandalup Hill…
Editorial: Musings on Greenland, tariffs and inverted yield curves
Last week the U.S. president abruptly cancelled a state visit to Denmark after the Danes rebuffed his proposal to buy Greenland, a semi-autonomous Danish territory strategically located between the North…
President of Mexico says ‘no new mining concessions’
Global mining companies operating in Mexico are working with the country’s mining chamber, Camimex, to determine the impact of Mexico’s President Andres Manuel Lopez Obrador’s statement earlier this month that…
Macarthur assays from Hillside show anomalies
Three of the initial assays from Macarthur Minerals’ (TSXV: MMS) Hillside gold and copper project in the Pilbara region of Western Australia have returned anomalous grades for base metals and…