Timberline options 1M oz. Talapoosa gold project in Nevada
Since taking the helm of Timberline Resources (TSXV: TBR; NYSE-MKT: TLR) on Jan. 1, Kiran Patankar has wasted little time getting to work and enlarging the junior’s footprint in Nevada.
United States
Adamera envisions a golden future in Washington
VANCOUVER — Explorer Adamera Minerals (TSXV: ADZ; US-OTC: DDNFF) is hoping to contribute to a long history of gold mining in the prolific Cook Mountain district in northern Washington state. The region hosts Kinross Gold’s (TSX: K;…
TSX falls on higher oil, gold prices, March 23-27
Canadian stocks fell for a third straight week, following bleak U.S. economic data and rising tensions in the Middle East. Oil and gold prices spiked after Saudi Arabia and its allies launched airstrikes against Houthi rebels in Yemen, who are…
Coal sector woes expected to accelerate, experts say
With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says…
US equities jump, March 16-20
U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.
Allied Nevada seeks bankruptcy protection
VANCOUVER — It’s been a bleak few years for Allied Nevada Gold (TSX: ANV; US-OTC: ANVGQ) and its employees and shareholders, as falling gold prices and operational difficulties combined to put the company in dire financial straits….
Editorial: Easy does it for the Fed
The U.S. Federal Open Market Committee’s latest statement on March 18 after its two-day meeting drew attention from those keen on understanding the health of the global economy, including commodity investors and miners.
Commentary: The pros and cons of private equity investment
In Canada, private equity (PE) firms have not traditionally played a prominent role in the mining industry. Perhaps this is due to uncertainty regarding the longer payoff periods associated with the mineral extraction industry and the fact that…
U.S. equities gain, Feb. 16-20
U.S. stocks rose after the Greek government secured a four-month extension to its debt bailout package, pushing the S&P 500 Index up 0.7% to close at 2,110.30, while the Dow Jones Industrial Average advanced 0.6% to 18,140.44, its highest…
Stephen Alfers advances Pershing’s Relief Canyon
Barry Honig and Phillip Frost are not names that immediately come to mind when one thinks of strategic investors in the mining industry.
Kinross defers Tasiast mill expansion
Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…
Sandstorm to scoop up Gold Royalties in $5.7M all-share deal
VANCOUVER — Streaming and royalty outfit Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) has been on a bit of a dealmaking tear to start the year. The company locked down 10 new royalty agreements in West Africa and Nevada, and on Feb. 18 it…