Rubicon’s Phoenix unlikely to rise again
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) says there is “significant doubt” that it can continue as a going concern. The junior has breached a technical covenant on a US$50-million secured…
News
Editorial: Is ‘Peak Gold’ finally here?
As the year unfolds, there has naturally been much focus on the newly resurgent price of gold. But the underlying supply numbers are equally as enticing and suggest the long…
Zonte pursues fractional claims over Gramalote in Colombia
VANCOUVER — It’s been a couple of years since Zonte Metals (TSXV: ZON) first spotted — and applied for — fractional claims over joint-venture partners’ AngloGold Ashanti (NYSE: AU) and B2Gold’s…
NuLegacy acquires 100% of Iceberg beside Goldrush
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) has consolidated the Iceberg gold deposit in Nevada, with plans to keep drilling the asset ahead of calculating a maiden resource estimate. NuLegacy found the…
Kinross fights shutdown order at Maricunga mine
VANCOUVER — Kinross Gold (TSX: K; NYSE; KGC) is preparing to contest a shutdown order issued by Chilean regulators at its Maricunga heap-leach operation, 120 km east of the city of…
TSX Venture at seven-month high, March 14-18
The rally in commodity markets is stoking the S&P/TSX Venture Composite Index, gaining 0.8%, or 4.47 points, to a 580.82-point close. Spot gold traded near its one-year high, closing up…
US stocks climb, March 14–18
The U.S. Federal Reserve’s decision to cut interest rate hikes this year due to a weak global environment helped lift U.S. indexes. The central bank held its benchmark interest rate…
Canada’s benchmark index dips slightly, March 14-18
The U.S. Federal Reserve kept interest rates on hold, spot gold rose to US$1,255 per oz. (up US$4.90) and the April contract for North American benchmark crude dropped in price…
The Northern Miner podcast – episode 4: St. Paddy’s day special
Lesley Stokes and Matthew Keevil host a jam-packed show featuring commentary by Exploration Insights’ Brent Cook, a look at B2Gold’s next mine in Mali, and a chat on rising commodity…
Rio Tinto could be ready for a Turquoise Hill takeover, analysts say
VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long-term prospects. There’s some disagreement over the timeline for recovery, but typical analyst…
Barrick fined for Veladero cyanide spill
BUENOS AIRES, ARGENTINA — Barrick Gold (TSX: ABX; NYSE: ABX) has been fined $9.8 million for a cyanide spill that took place at its Veladero gold mine in Argentina’s San…
Analysts see buoyant gold in 2016
Gold prices rallied in mid-March on the back of the U.S.Federal Reserve’s decision to lower interest rate expectations for 2016, with many economists and analysts forecasting the yellow metal would…