Coal mining byproduct effective for land reclamation, study says
A researcher at the University of Alberta in Canada has discovered that nano humus, a substance extracted from coal mine deposits and then crushed to a black, powdery material, is…
Canada
US markets rise, July 19-23
The Dow Jones Industrial Average rose 1.08% to finish the week at 35,061.55 and the S&P 500 climbed 1.96%% to 4,411.79. Spot gold dropped US$10.00 per oz., or 0.55%, to US$1,802.20…
TSX Venture down, July 19-23
The S&P/TSX Venture Composite Index dropped 0.63% to finish the trading week at 902.56. Spot gold fell US$10.00 per oz., or 0.55%, to US$1,802.20 per ounce. Nouveau Monde Graphite climbed 39¢ to $8.95….
TSX up, July 19-23
The S&P/TSX Composite Index rose 1.02% to 20,188.43 during the July 19-23 trading week. The S&P/TSX Global Mining Index climbed 0.50% to 107.36, and the S&P/TSX Global Base Metals Index…
Q&A: Evolution Mining to acquire Kundana assets from Northern Star Resources
Evolution Mining (ASX: EVN) announced on July 22 that it is acquiring assets from Northern Star Resources’ (ASX: NST), most of which are within eight km of its Mungari mine…
Evolution Mining is on a roll
When Jake Klein spoke about Evolution Mining at the Northern Miner’s Global Mining Symposium in May, the company’s founder and executive chairman emphasized that his team was “continually looking to…
Top Ten U.S. miners
Mining in the United States has played a significant role in the country’s development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization,…
BHP inks conditional port deal for Jansen potash mine
The mining giant said in June it would present its board with a decision on whether to move ahead with Jansen after choosing between two port options.
Skeena’s Eskay Creek gold project boasts NPV of $1.4 billion, IRR of 56%
Skeena Resources (TSX: SKE: US-OTC: SKREF) has released a preliminary feasibility study on its 100%-owned Eskay Creek gold project. The study outlined an after-tax net present value of $1.4 billion…
Iamgold updates Côté gold construction, costs
Iamgold (TSX: IMG; NYSE: IAG) recently updated construction progress and costs at its Côté gold project near Gogama, Ontario. The project is 65% owned and operated by Iamgold. Sumitomo Metal…
Eldorado Gold grabs stake in Probe Metals for US$18.9 million
Eldorado Gold (TSX:ELD; NYSE:EGO) has bought an 11.5% stake in Quebec-focused explorer Probe Metals (TSXV: PRB; US-OTC: PROFB) in a deal worth about $23.7 million (US$18.9 million). The acquisition of…
Deep-South takes Namibia’s mining minister to court over licence refusal
Miner also seeks to prevent the government from granting exploration or mining rights over the same licence area to another company.