As Saudi Arabia took military action against Houthi rebels in Yemen, U.S. equity indexes dropped and gold rose. The Dow Jones Industrial Average lost 2.3%, falling to 17,712.66, and the S&P 500 Index declined 2.2% to 2,061.02. Spot gold…
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…
South Africa is world renowned for its exceptional mineral wealth and vast underground mining complexes, but one of the weakest links in the critical sector is national, state-owned electrical utility Eskom, whose deep operational and…
Following our interview with Ecuador’s Mining Minister Javier Cordova at the recent Prospectors & Developers Association of Canada convention (PDAC), The Northern Miner interviewed Ecuador’s Minister of Strategic Sectors, Rafael…
In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but…
The S&P/TSX Venture Composite Index closed in the green, rising 1.6%, or 10.84 points, en route to a 681.43-point close. Gains were underpinned by rising commodity futures, while Federal Reserve chair Janet Yellen said the U.S. central bank…
At a time when many junior companies are dropping like flies, Dynacor Gold Mines (TSX: DNG: US-OTC: DNGDF) generates about US$700,000 to US$800,000 in cash flow per month, has about US$13.5 million in the bank, no debt, and plans to…
The era of double-digit growth in demand for metals is over, as China’s economy moves from investments in fixed asset growth and industries that are metal-intensive towards domestic consumption and the service sector, Barclays Bank states…
With eight drill rigs on-site at its Lamaque South project just east of Val-d’Or, Que., and 20,000 metres of drilling already completed this year, Integra Gold (TSXV: ICG; US-OTC: ICGQF) stands out as being one of the most active…
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.
Ecuador’s new mines minister Javier Cordova has only been on the job since February, but he knows that the country’s infamous windfall profits tax is unpopular with miners.
Cash-strapped Golden Star Resources (TSX: GSC; NYSE-MKT: GSS) has reported positive feasibility study results on adding an underground mine to its producing Wassa open-pit gold mine in Ghana to bring down costs.
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