TSX Venture declines, Aug. 31-Sept. 4
The S&P/TSX Venture Exchange was down 1.56% to 733.69. Spot gold fell 1.5%, or US$29.50 per oz., finishing the week at US$1,934.80 per ounce. Shares of Cornerstone Capital jumped $1.24…
Gold
‘Dividends create a financial discipline’: Yamana’s Peter Marrone on how to run a gold company at the Global Mining Symposium
Executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY), Peter Marrone, spoke on the second day of the Global Mining Symposium about the company’s assets, its strategy, and his views…
‘Deliver on promises’: B2Gold’s Clive Johnson on building a strong corporate culture at the Global Mining Symposium
The Global Mining Symposium wrapped up its final day with an interview with B2Gold (TSX: BTO; NYSE-AM: BTG) president and chief executive Clive Johnson, who sat down with MINING.com senior…
Int’l Tower Hill raises cash to revive Livengood project in Alaska
International Tower Hill Mines (TSX: ITH; NYSE-AM: THM) plans to raise US$10.3 million in support of a prefeasibility study on its Livengood gold deposit, 110 km north of Fairbanks, Alaska….
‘Investors are still on the sidelines’: John Hathaway says precious metals and mining stocks in ‘early days’ at the Global Mining Symposium
Prominent gold commentator John Hathaway appeared on the second day of The Northern Miner’s Global Mining Symposium. In January, after 22 years at Tocqueville Asset Management, the veteran investment manager…
Russia’s Nordgold sweetens offer in takeover battle with China’s Shandong over Cardinal Resources
Nordgold has sweetened its proposed takeover offer of Cardinal Resources (ASX, TSX: CDV) in order to beat out competition from China’s Shandong Gold. The latest offer would see the Russian…
Nearly a tonne of CO2 per oz. gold produced in 2019: report
Gold mines emitted on average 0.8 tonnes of CO2-equivalent (CO2e) for every ounce of gold that was produced in 2019, according to a report from S&P Global. Strong price performance…
Mexican gov’t scraps key mining post in austerity drive
Mining companies operating in Mexico are showing concern, after the country’s government scrapped the mining sub-secretary post, one of the Ministry of Economy units, as part of a broader austerity…
Radisson finds another high-grade gold trend at O’Brien
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has hit high-grade gold intercepts at its O’Brien gold project in Quebec that point to the potential for a third mineralized area east…
Benchmark drills ‘excellent grades’ at Lawyers project in BC
Benchmark Metals’ (TSXV: BNCH; US-OTC: CYRTF) latest results from drilling the Cliff Creek zone at its Lawyers project in B.C.’s Golden Horseshoe region, includes 31 metres of 2.98 grams gold…
‘Surround yourself with good people’: Franco-Nevada’s Paul Brink on building a multigenerational gold company at the Global Mining Symposium
The Northern Miner’s three-day Global Mining Symposium kicked off on Tuesday with a one-on-one interview with Paul Brink, president and CEO of Franco-Nevada (TSX: FNV; NYSE: FNV). The Northern Miner’s…
Gold production growth will average 2.5% annually from 2020-2029: Fitch
A new report by Fitch Solutions forecasts that global gold production will increase from 106 million oz. in 2020 to 133 million oz. by 2029, for an average annual growth…