TSX moves higher, April 25-29
After posting a 0.6% gain in January, Canada’s gross domestic product shrank 0.1% in February, but still beat expectations of a 0.2% contraction, according to Bloomberg data. The U.S. Federal…
News
The Northern Miner podcast – episode 10: Aloha! CIM conference and earnings season
Join us as we bid Lesley a groovy week-long vacation in Hawaii; aloha! Matt digs into a flurry of quarterly earnings reports, including Goldcorp (TSX: G; NYSE: GG) and Barrick Gold…
Avnel sees Kalana as open pit mine
Howard Miller, executive chairman and CEO of Avnel Gold Mining (TSX: AVK), has had his fair share of success over the last 35 years. As a founding director of Nelson Resources, he…
Argonaut boosts San Agustin’s economics
Argonaut Gold (TSX: AR) shares gained 11% after an updated preliminary economic assessment (PEA) on the San Agustin gold-silver project in Mexico cut initial cost estimates 36% and improved returns. The…
Sirios rethinks Cheechoo, wins Goldcorp’s interest
VANCOUVER — Explorer Sirios Resources (TSXV: SOI; US-OTC: SIREF) has been toiling away for years in relative obscurity at its flagship Cheechoo gold project, 320 km north of Matagami, Que., but is gaining…
Anglo American sells assets to China Moly for US$1.5B
One of China’s largest molybdenum and tungsten concentrates producers is buying Anglo American’s (US-OTC: AAUKF; LSE: AAL) phosphate and niobium businesses in Brazil for US$1.5 billion in cash. The sale…
Lead and zinc demand set to rise strongly in 2016, says ILZSG
The following is an edited release by the International Lead and Zinc Study Group (ILZSG), which held its spring meetings in Lisbon, Portugal, on April 27. For lead, the ILZSG…
Suppliers news: Geotech keeps busy with surveying contracts
Aurora, Ont.-based Geotech recently won a pair of contracts to fly airborne geophysical surveys in the northern U.S. and the Yukon. The U.S. Geological Survey tapped the firm to fly…
Suppliers news: Galaxy Broadband offers faster satellite Internet service
Telecommunications provider Galaxy Broadband has launched its first high-throughput “Ka-band” network in Canada, which provides burst speeds of up to 100 MB per second and committed information rates of 50…
Fasken Martineau named mining law firm of the year
Fasken Martineau has been named Global Mining Law Firm of the Year for 2016 by Who’s Who Legal, a London-based legal news and information service. The win represents the eighth…
Suppliers news: SRK merges with Mine Ventilation Services
Mining consultancy SRK has announced it is merging its U.S. practice with Mine Ventilation Services (MVS), a firm that specializes in underground engineering and ventilation solutions. “Over the past five…
Shanghai Gold Exchange launches benchmark price
The following is an edited release from the London-headquartered World Gold Council. For more information, please visit www.gold.org. A year and half after it was established in September 2014, the…