US markets falter, Aug. 7-11
U.S. President Donald’s Trump threats last week to unleash “fire and fury” against the North Korean regime if it endangered the U.S. or its allies sent the Dow Jones Industrial…
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TSX Venture eases off, Aug. 8-11
The S&P/TSX Venture Composite Index lost 2.87 points to a 762.81-point close, as spot gold prices rose US$30.4 to US$1,289.31 per oz. and Comex copper prices gained US2¢ to US$2.91…
TSX finishes lower, Aug. 8-11
Increased political tensions on the Korean peninsula triggered more uncertainty across global markets, pushing down Canada’s benchmark index 1.47% to 15,033.38 — its biggest weekly drop since June. The geopolitical…
SolGold expands Alpala
VANCOUVER — SolGold (TSX: SOLG; USOTC: SLGGF; LON:SOLG) is building momentum at its 85%-owned Cascabel copper-gold project, 180 km north of Ecuador’s capital Quito. The company expects to ramp up from…
McEwen Mining buys Primero’s Black Fox
McEwen Mining (TSX: MUX; NYSE: MUX) is expanding its footprint in the Timmins camp of Ontario with the purchase of Primero Mining’s (TSX: P; NYSE: PPP) Black Fox mine complex…
Pala sets up new tech metals fund
Over the last decade, Pala Investments has invested across a range of metals, including cobalt, lithium, rare earths, tin, nickel and copper. More recent investments include the $200-million public offering…
Uncertainty in Guatemala drives Tahoe to suspend dividend and guidance
Tahoe Resources (TSX: THO; NYSE: TAHO) is stopping dividend payments and company-wide guidance due to the suspension of its flagship Escobal silver mine in Guatemala. Ending the monthly 2¢-per-share dividend…
Novo Resources strikes gold at Purdy’s Reward in Australia
VANCOUVER — Shares of Novo Resources (TSXV: NVO; USOTC: NSRPF) have climbed since the company announced on July 12 it had found gold nuggets up to 4 cm long during…
Barrick’s Dushnisky on miner’s rebound, JVs
At the Canadian Mining Symposium hosted by The Northern Miner at Canada House in London, U.K., in May, session moderator Bill Whitelaw, executive vice-president of Northern Miner parent company Glacier…
Sprott Conference: Friedland pitches metals used in EVs
VANCOUVER — The electric vehicle revolution is accelerating, and it will inevitably change the orientation of the mining industry, Robert Friedland, executive chairman of Ivanhoe Mines, argued during a presentation…
Trek sets stage for Aurizona restart in Brazil
VANCOUVER — Trek Mining (TSXV: TREK) is on track to revive its flagship Aurizona gold mine in northwestern Brazil. On July 31, the company unveiled a revised feasibility study of a…
Red Eagle grapples with ground conditions
VANCOUVER — Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t gone…