Editorial: Faulty design behind Samarco tailings disaster
A review panel tasked with determining the cause of the Samarco tailings disaster in Minas Gerais, Brazil, 10 months ago has released its report on the immediate causes of the…
South America
Barrick takes fresh look at Pascua-Lama
Barrick Gold (TSX: ABX: NYSE: ABX) has rehired one of its former executives and a seasoned mine builder to evaluate options for a more modest, scalable starter project that could…
TSX slips, Aug. 22-26
Canada’s benchmark index fell 0.3% to 14,639.88, as U.S. Federal Reserve Chair Janet Yellen noted in a speech that “the case for an increase in the federal funds rate has…
US stocks fall, Aug. 22–26
U.S. equities tumbled during the last trading week of August, amidst speculation that the central bank could hike interest rates as early as mid-September. The Dow Jones Industrial Average fell…
Coeur builds on 2016 success with exploration investment
Coeur Mining (NYSE: CDE) is reaping the fruits of its laborious corporate transformation, helped along by higher precious metal prices, as it produced earlier-than-expected positive free cash flow of US$12.2…
TSX slips, Aug. 15–19
Canada’s benchmark index retreated into negative territory, down 0.4% to 14,687.46. The S&P/TSX Global Mining Index fell 1.4% to 66.62. The S&P/TSX Global Gold Index lost 4% to close at…
Brazil Resources to buy Titiribi
Brazil Resources (TSXV: BRI; US-OTC: BRIZF) aims to grow its gold resources by acquiring the large Titiribi gold-copper project in central Colombia. The Vancouver-based junior, which has gold projects in…
Sierra Metals sees exploration growth at its three underground mines
Sierra Metals (TSX: SMT) shares gained momentum after the company outlined its commitment to increase high-grade tonnage at its Yauricocha polymetallic mine in Peru, and Bolivar and Cusi mines in…
Dynasty Metals shares surge on proposed US$4M financing
Shares of cash-strapped Dynasty Metals & Mining (TSX: DMM; US-OTC: DMMIF) have shot up after the company announced a US$4-million private placement with three directors of Goldgroup Mining (TSX: GGA;…
US indexes set new records, Aug. 8-12
Wall Street set a record on Aug. 11, after stronger oil prices and better corporate earnings from several large retailers. The last time its three major indexes touched record levels…
Odds ‘n’ Sods: The rediscovery of Nambija and the road to FDN in Ecuador
The following is an edited version of the first chapter from an upcoming memoir entitled “The Last Great Adventure,” for which any profits will go to the Baca Ortiz Hospital…
CB Gold surges on Santa Ana deal
Shares of CB Gold (TSXV: CBJ) jumped 36% on news that the junior explorer has bought the Santa Ana silver project in Colombia. Santa Ana, on the eastern side of…