TSX rises while gold falls, July 9-13
Canada’s benchmark index rose 1.15% to 16,561.12 on a down trading week. The S&P/TSX Global Mining Index fell 1.6% to 73.19 and the S&P/TSX Global Gold Index fell 2.76% to…
Africa
The Northern Miner Podcast – episode 112: Gren and Eira Thomas – feature interview with two icons of Canadian diamond mining
Recorded live at The Northern Miner‘s inaugural Diamonds in Canada Symposium in Toronto in June 2018, this episode features in-depth “fireside” chats with two Canadian diamond mining icons: Canadian Mining…
US markets down, June 25-29
Gold fell 1.3% to close at US$1,252.4, as threats of a trade war with China continue to loom over the United States. The Philadelphia Gold and Silver Index slipped 0.5%…
Africa Snapshot: Eight juniors on the hunt for precious metals, battery minerals
Apart from the usual gold targets in West Africa and base metals in the Copperbelt, a couple of new trends in the junior exploration and development scene in Africa are…
Nevsun’s Bisha not going away any time soon
It looks like the Bisha zinc-copper mine in Eritrea is going to be around a little longer — or perhaps a lot longer than most would have expected, after its…
Editorial: New DRC mining code comes into force
After months of outcry from foreign mining companies active in the Democratic Republic of the Congo (DRC), the new DRC mining code proposed in March was signed into law with…
CITIC buys 19.9% of Ivanhoe
CITIC Metal, subsidiary of Chinese company CITIC, will acquire a 19.9% stake in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), making it the company’s largest single shareholder. The companies signed the…
Roxgold hits Q1 record high for gold production at Yaramoko
Roxgold (TSX: ROXG; US-OTC: ROGFF) has hit a record high for first-quarter production at its Yaramoko underground gold mine in southwestern Burkina Faso, 200 km southwest from the capital city…
TSX inches higher while gold dips, June 11-15
Canada’s benchmark index rose 0.68% to 16,314.42 during a mixed week. The S&P/TSX Global Mining Index fell 1.9% to 75.17. The S&P/TSX Global Gold Index rose 1.3% to 191.66, while…
Eira Thomas takes the reins at Lucara
Lightning has struck more than once so far in Eira Thomas’s career of more than 25 years. The geologist famously spotted a nearly 2-carat diamond in drill core — an…
Resolute Mining to invest $21M in Orca Gold
African-focused gold miner Resolute Mining (US-OTC: RMGGF) is investing nearly $22 million in Orca Gold (TSXV: ORG: US-OTC: CANWF) in a two-tranche deal that Orca expects will close this July….
Iamgold makes headway in West Africa
It’s been a big year in West Africa for Iamgold (TSX: IMG; NYSE: AIG). The company kicked off 2018 with high-grade assay results from its Siribaya gold project in Mali…