Premier hits exploration hard at Mercedes
Premier Gold Mines (TSX: PG) is convinced it can add years to the mine life at its 2,000-tonne-per-day Mercedes gold-silver mine in Mexico’s Sonora state. “We’ve got about a four-…
News
Proposed Pala deal undervalues Cobalt 27: Anson Funds
In June, Cobalt 27 Capital’s (TSXV: KBLT) board agreed to a $501-million takeover offer from Pala Investments, which already owns 19% of the company. Cobalt 27 has a cobalt stream…
‘As goes mining, so goes the Yukon’: Government and corporate leaders on territory’s potential
With 11 of 13 First Nations reaching settlements on land claims and a new gold mine set to ramp up production, Yukon was the focus of discussion during the Territorial…
Armenian gov’t clears path for Lydian despite environmental concerns
Lydian International’s (TSX: LYD) Amulsar gold project in Armenia may have to go through a new environmental review — the fourth in the past year — after the country’s prime…
Kinross picks up Chulbatkan in US$283M deal
Kinross Gold (TSX: K; NYSE: KGC) is leveraging its expertise as a cold-climate, heap-leach operator with a 24-year operating history in Russia by acquiring N-Mining’s Chulbatkan project in Russia’s Far…
Rockridge reports first resource for Knife Lake in Saskatchewan
Rockridge Resources (TSX-V: ROCK) has completed the first resource estimate for its flagship Knife Lake project in Saskatchewan. The project has an indicated resource of 3.8 million tonnes grading 0.83%…
Top 10 US-based miners
The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization. 1. Newmont Goldcorp Market cap: US$31.8 billion Newmont Goldcorp (NYSE: NEM) is a leading gold and copper producer…
Ecuador’s pro-mining stance tests country’s resolve
More than a decade since Ecuador opened its doors to mining, the Andean country is beginning to see the results. In July, production began at the country’s first large-scale mining…
TSX rises, Aug. 5-9: Wheaton; First Majestic; Pan American; Asanko Gold
The S&P/TSX Composite Index posted a 0.43% gain to 16,341.30. Spot gold finished the trading week at US$1496.20 per oz., up US$56.20 per oz., or 3.9%. The S&P/TSX Global Gold…
TSX Venture down, Aug. 5-9: SilverCrest; Chesapeake Gold; Garibaldi Resources; Barksdale Capital
The S&P/TSX Venture Composite Index fell 0.49% to 592.82 during the trading week. SilverCrest Metals recorded the biggest value gain, rising $1.08, or 15.3%, to $8.16 per share. The company…
The Northern Miner Podcast – episode 147: Silver miners need much higher prices, ft. Americas Silver CEO Darren Blasutti
In this episode, acting editor-in-chief Trish Saywell interviews Americas Silver CEO Darren Blasutti on macroeconomics, silver prices and the economic challenges facing silver miners. Blasutti says many silver companies will…
US markets down, gold up, Aug. 5-9: Franco-Nevada; Kirkland Lake; Pretium
President Trump’s declaration on Aug. 1 that he would impose a 10% tariff on a further US$300 billion of Chinese imports to the U.S. starting on Sept. 1, and his…