President and CEO Fabio Capponi of Western Atlas Resources (TSXV: WA) has increased his stake in the company to 23.37%, or 13.67 million common shares. The junior exploration company with…
Barrick Gold (TSX: ABX; NYSE: ABX) president Kelvin Dushnisky is leaving the company at the end of August to join AngloGold Ashanti (NYSE: AU) as CEO. Dushnisky joined Barrick in…
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) hosted a site visit in late June to its advanced-stage Meliadine gold project in Nunavut, which is expected to start production in the…
Less than a month after paying US$390 million in cash for a cobalt stream from Vale’s (NYSE: VALE) Voisey’s Bay mine on the north coast of Labrador, Wheaton Precious Metals (TSX: WPM; NYSE:…
In its second major overture in three months, Lundin Mining (TSX: LUN) said it plans to offer US$1.4 billion in cash for Nevsun Resources (TSX: NSU; NYSE: NSU). Lundin Mining…
Noranda was poking around 300 km north of Montreal, Que., in the 1970s when it drilled into what it believed was a skarn deposit grading around 0.5% copper, and walked…
Rising discord between the U.S. and its major trading partners Canada, Europe and China put pressure on some stocks, while the rising U.S. dollar put pressure on gold. The Dow…
Canada is the world’s third-largest diamond producer in terms of volume in carats and value, according to production estimates of New York-based diamond analyst Paul Zimnisky. The Northern Miner has…
When John Robins, founder and chairman of Kaminak Gold, sold the junior to Goldcorp (TSX: GG; NYSE: GG) for $560 million in 2016, the exploration geologist and entrepreneur let it…
Cobalt27 Capital (TSXV: KBLT) recently acquired a US$300-million cobalt stream on Vale’s (NYSE: VALE) Voisey’s Bay nickel-copper-cobalt mine, beginning in 2021. It also has a stream on the Ramu nickel-cobalt…
The S&P/TSX Venture Exchange dropped 2.15% to finish the trading week at 739.96. Aurania Resources fell 65¢ to $2.15 per share. The company completed a first tranche of a non-brokered,…
The S&P/TSX Composite Index fell 1.05% to 16,277.73. The S&P/TSX Global Gold Index declined 0.63% to finish at 191.54, while spot gold fell 1.15% to US$1,252.40 per oz. gold. The…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.