Goldsource seeks to chart scalable development of Eagle Mountain
Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country’s second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern…
South America
Bolsonaro vows to keep mining out of Yanomami reservation
President Jair Bolsonaro of Brazil promised the Yanomami indigenous people that he would respect their wishes to keep mining out of their reservation in the…
TSX up, May 24-28
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and…
Peru voters divided ahead of June 6 presidential election
A surprise win by a left-wing candidate in the first round of Peru’s presidential elections has alarmed foreign investors and the mining sector. But the…
Lithium Americas, Ganfeng planning Stage 2 expansion at Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) and partner Ganfeng Lithium have approved a second-stage expansion at the Caucharí-Olaroz lithium project in Jujuy province, Argentina. Caucharí-Olaroz,…
79North reports new gold discovery at Nassau project in Suriname
79North (CSE: JQ; US-OTC: SVNTF) has made a new discovery at its 20,000 hectare Nassau gold project in Suriname, about 20 km south of Newmont’s…
SQM shuns fears of higher taxes in Chile, fast-tracks expansions
SQM (NYSE: SQM), the world’s No. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in copper powerhouse Chile, as it…
TSX Venture down, May 10-14
The S&P/TSX Venture Composite Index fell 2.47% to finish the trading week at 931.38. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90…
US markets slip, May 10-14
The Dow Jones Industrial Average slipped 1.14% to finish the week at 34,382.13 and the S&P 500 fell 1.39% to 4,173.85. Spot gold increased by US$13.20…
Lundin Gold sees record production at Fruta del Norte
Canada’s Lundin Gold (TSX: LUG) has reported record gold production for the March quarter, which marked a year since its Fruta del Norte gold-silver mine in…
Deadly shootout in Brazil’s Amazon as illegal miners enter indigenous land
At least three illegal gold miners inside the Yanomami reservation in northern Brazil have died, after they opened fire with automatic weapons on an indigenous…
Metals price rally could hamper switch to green energy — IEA
Soaring metals prices may be good for miners, but they risk the ongoing transition to clean energy as batteries, solar panels and wind turbines need…