US markets mixed, April 26-30
The Dow Jones Industrial Average slipped 0.50% to finish the week at 33,874.85 and the S&P 500 rose 0.02% to 4,181.17. Spot gold declined by US$7.80 per oz., or 0.44%,…
Canada
TSX slightly up, April 26-30
The S&P/TSX Composite Index rose 0.03% to 19,108.33 during the April 26-30 trading week. The S&P/TSX Global Mining Index slipped 3.78% to 106.88, and the S&P/TSX Global Base Metals Index…
Deep-sea mining tests resume as lost robot rescued
Belgium’s Global Sea Mineral Resources (GSR) has resumed tests that could lead to the mining of battery minerals from the Pacific Ocean floor after it managed to recover a robot…
Champion Iron reports record Bloom Lake production
Production at Champion Iron‘s (TSX: CIA; ASX: CIA) Bloom Lake iron ore mine near Fermont, Que., inched upward 1% in the year ended Mar. 31, 2021 to a record 8…
JV Article: Climate-driven impacts present risks to infrastructure constructed on permafrost
Mineral exploration and mining companies need to adopt a “proactive approach” to managing climate-driven impacts on infrastructure built on permafrost, says Christopher Stevens, senior consultant at SRK Consulting (U.S.), Inc. …
Northern Dynasty releases ESG for Pebble project
Northern Dynasty Minerals (TSX: NDM; NYSE:NAK), the company behind the controversial Pebble copper-gold-molybdenum-silver project in Alaska, has released an environmental, social and governance (ESG) report for the proposed mine, as…
US Department of Energy provides funds for First Cobalt’s Iron Creek project
The U.S. Department of Energy’s Critical Materials Institute is giving Toronto-based junior First Cobalt (TSXV: FCC; US-OTC: FTSSF) US$600,000 over two years for research on mineral processing techniques for the…
Barrick readies to open Loulo-Gounkoto underground mine
Barrick Gold (TSX:ABX; NYSE:GOLD), the world’s second-largest bullion miner, said a third underground mine at the company’s giant Loulo-Gounkoto gold complex in Mali has reached its first mining level and…
Arctic Star unearths new kimberlites at Diagras
Since beginning drilling this year at its Diagras joint-venture project in Lac de Gras, Northwest Territories, earlier this month, Arctic Star Exploration (TSXV: ADD) has already found two new kimberlites….
Ontario budget boosts funding for exploration, mine rescue
The Ontario government is launching a new program to fund junior exploration in the province and upping financial support for the Ontario Mine Rescue program. The province’s 2021 budget, which…
Fortuna Silver to buy Roxgold in US$884 million deal
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is buying Roxgold (TSX: ROXG; US-OTC: ROGFF) in an all-share deal valued at about $1 billion (US$884.32 million), as strong gold prices spurs a wave…
Amex drill results outline ‘highly predictable and continuous’ gold system at Perron
Drilling at Amex Exploration‘s (TSXV: AMX) Perron gold project, 110 km north of Rouyn-Noranda in Quebec, continues to deliver both high-grade gold and longer sections of broad, near surface gold…