Barrick inks option deals with Precipitate Gold and Golden Minerals
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked two earn-in agreements in as many days on projects in the Dominican Republic and Argentina. The gold major is earning a 70%…
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The Northern Miner Podcast – episode 182: Mining industry ‘resilient’ in tough economy, ft Erik Buckland
This week’s episode features veteran mining recruiter Erik Buckland, senior client manager at Lincoln Strategy International. Buckland describes how the mining industry has held up relatively well compared to the…
Fiore grows resource, completes study at Gold Rock
Fiore Gold (TSXV: F; US-OTC: FIOGF) has completed a preliminary economic assessment (PEA) for its Gold Rock project in Nevada and provided an updated mineral resource estimate and a base…
Alamos Gold confirms robbery at Mulatos mine
Management at Alamos Gold’s (TSX: AGI; NYSE: AGI) headquarters in Toronto have confirmed that the company’s wholly owned Mulatos gold mine in Mexico was robbed last week. A group of…
O3 Mining expands zones at East Cadillac
O3 Mining (TSXV: OIII) has released drill results from four zones at its East Cadillac property, 40 km east of Val d’Or, Quebec. The drilling targeted new areas of mineralization…
S&P Global lowers GDP, metals price forecasts
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous…
BofA forecasts 4.7M tonne aluminium surplus
Bank of America Securities estimates global demand for aluminium will fall by 7.2% year-on-year in 2020 while supply will likely increase by 2%. Prices for the metal already have plunged…
Gold climbs to highest level since 2012
The gold price rallied again on Thursday, as investors sought a store of value after the Fed said it was pumping an additional US$2.3 trillion in the US economy to…
Russia slams Trump’s order to mine Moon, asteroids
Russia’s space agency Roscosmos has condemned U.S. President Donald Trump’s order that encourages citizens to mine the moon and other celestial bodies for commercial purposes. The government body likened the…
Disruptive drill technology offers potential for miners
A new means of exploiting previously overlooked zones of gold mineralization may prove to be the type of disruptive technology needed once the global COVID-19 pandemic is over. Called sustainable…
Gold ETFs hit record high in Q1
Global gold-backed exchange-traded funds (ETFs) had US$23 billion, or 298 tonnes, of net inflows, in the first quarter of 2020 – the highest quarterly amount ever and the largest tonnage…
Exploding Costs: An analysis of Galore Creek
The mining industry is fraught with capital cost overruns — a quick internet search will turn up many examples. The results quickly highlight that as many as two-thirds of mining…