TSX mixed, Nov. 26-30
Canada’s benchmark index rose 1.24% to end the trading week at 12,197.82. The S&P/TSX Global Mining Index fell 0.19% to 62.58 and the S&P/TSX Global Gold Index fell 1.4% to…
Canada
Marathon hits more high-grade intercepts in Newfoundland
Infill drilling in the southwestern part of the Marathon gold deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports. The company recently completed its 41,000-metre stepout and…
Maple Gold Mines finds drilling success at Douay
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has completed its first drill campaign on its Douay gold project in Quebec since assembling a technical committee and exploration team a year…
Flin Flon mining to stop in 2021, Hudbay memo says
Despite its best efforts, the “most likely scenario” is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM;…
Nighthawk explores regions near Colomac in NWT
Since it kicked off this year’s 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and Grizzly Bear gold deposits, which, along…
Test mining validates Rubicon’s resource for Phoenix
Testing at Rubicon Minerals‘(TSX: RMX; US-OTC: RBYCF) Phoenix gold project has yielded positive reconciliation results that validate the 2018 mineral resource estimate, as well as the new geological model and…
Osisko grows Lynx deposit at Windfall in Abitibi
Infill drilling from March through October at Osisko Mining’s (TSX: OSK) Lynx deposit at its Windfall project, in the Abitibi greenstone belt in the James Bay region of Quebec, has…
Interview: Rob McEwen responds to criticism of US$90M at-the-market offering
On Nov. 8, McEwen Mining (TSX: MUX; NYSE: MUX) entered an equity distribution agreement with UBS Securities, BMO Capital Markets, Cantor Fitzgerald & Co., H.C. Wainwright & Co., Roth Capital…
Fall Economic Statement full of goodies for Canadian miners
In an unprecedented move long sought by mineral explorers, Canada’s federal government has extended the mineral exploration tax credit (METC) for five years. The news came in November as part…
Younger consumers shaping diamond industry trends: Editorial
Suddenly, the diamond sector is an exciting place to be. Personally, I feel a renewed sense of optimism about the industry after being a part of the first ever Diamonds…
Five themes from the 2018 Diamonds Symposium
The first annual Diamonds Symposium, organized by The Northern Miner and Diamonds in Canada, spanned the earliest days of Canada’s diamond rush in the early 1990s to present trends and…
Sabina hits more gold at Back River
Sabina Gold & Silver’s (TSX: SBB) Back River project is already expected to produce 198,000 oz. gold a year in its first 12 years at all-in sustaining costs of US$620…