SolGold CEO Nick Mather to retire after shareholder pressure
SolGold (TSX: SOLG; LSE: SOLG) announced that Nick Mather would step down as CEO after 13 years at the helm of the company. His resignation…
South America
Gran Colombia’s Segovia continues to deliver with over 220,000 oz gold in 2020
Gran Colombia Gold (TSX: GCM) churned out 220,194 oz. of gold from its operations in Antioquia, Colombia, 180 km northeast of Medellin last year, meeting…
US markets mixed, Jan. 4-8
The Dow Jones Industrial Average rose 1.61% to finish the week at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped…
Lundin Gold goes ahead with $18.6m Fruta del Norte expansion
Canada’s Lundin Gold (TSX:LUG) is going ahead with expansion plans for its Fruta del Norte gold-silver mine in Ecuador, the country’s largest, only a year after producing the first doré…
US markets up, Nov. 23-Nov. 27
The Dow Jones Industrial Average rose 2.21% to finish the week at 29,910.37 and the S&P 500 climbed 2.27% to 3,638.35. Spot gold dropped US$67.30…
TSX mixed, Nov. 23-Nov. 27
The S&P/TSX Composite Index rose 2.22% to 17,396.56 during the Nov. 23-Nov. 27 trading week. The S&P/TSX Global Mining Index increased by 0.27% to 94.34,…
Solaris reports strong assay results from Warintza project in Ecuador
Solaris Resources (TSXV: SLS) has reported new assay results that feature strong copper intercepts from its flagship Warintza project in southeastern Ecuador, about 85 km…
English court blocks lawsuit against BHP over Brazil dam failure
The High Court of Manchester, northwestern England, on Nov. 9, blocked a £5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating…
JX Nippon increases ownership in troubled Caserones copper mine
Japan’s top smelter, JX Nippon Mining & Metals, is buying a stake in its majority-owned Caserones copper mine in Chile, which was put up for sale on Nov.9…
US markets slump, Oct. 26-30
The Dow Jones Industrial Average slumped 6.47% to finish the week at 26,501.60, and the S&P 500 fell by 5.64% to 3,269.96. Spot gold dropped…
Teck profit drops 67% on weak coal prices
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK), Canada’s largest diversified miner, saw its third-quarter adjusted profit fall by 66.6% as steelmaking coal prices collapsed in the…
Newcrest expands access to North American capital with TSX listing
Following its listing on the Toronto Stock Exchange on Oct.13, Newcrest Mining (TSX: NCM; ASX: NCM), Australia’s largest gold producer, hopes to improve the company’s global visibility…