US markets edge lower, July 20-24
The Dow Jones Industrial Average fell 0.76% to 26,469.89 and the S&P 500 fell 0.28% to 3,215.63. Spot gold jumped US$91 per oz., or 5.03%, to finish the July 20-24…
Silver
TSX Venture rises, July 20-24
The S&P/TSX Venture Composite Index rose by 2.5% to finish the July 20-24 trading week at 691.39, with spot gold finishing the week at US$1,901.30 per oz., a rise of…
US Mint limits gold, silver coin sales
The U.S. Mint has reduced the supply of gold and silver coins to third-party distributors as the coronavirus pandemic slows down the production of coin currency. The Mint’s New York-based…
TSX posts slight decrease, Jul 20-24
The S&P/TSX Composite Index fell 0.78% to 15,997.06 during the July 20-24 trading week. The S&P/TSX Global Mining Index rose 1.48% to 98.48, and the S&P/TSX Global Base Metals Index…
US gov’t approves Ambler access road in Alaska
The U.S. Bureau of Land Management has approved the development of the northern route to provide access to the Ambler mining district in northwest Alaska. According to South32 (ASX: S32)…
Editorial: Gold and silver fire on all cylinders
The stars continue to align for precious metal prices, driven higher by unprecedented economic and political uncertainty and enormous monetary and stimulus programs. This week leaders of the European Union…
Top 10 US-based mining companies
Mining in the United States has been ongoing for centuries and has played a role in the country’s development over the years. The Northern Miner presents its annual Top-10 listing…
Northern Dynasty awaits final permit at controversial Pebble project
Northern Dynasty Minerals (TSX: NDM) is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week, the regulatory chief for the U.S. Army Corps…
Discovery drills high-grade silver at Cordero
Discovery Metals (TSXV: DSV; US-OTC: DSVMF) has released results from eight holes completed at its Cordero project in Mexico’s Chihuahua state, including 1 metre grading 1,907 grams per tonne silver-equivalent…
Yamana to list on London Stock Exchange
Yamana Gold (TSX: YRI; NYSE: AUY) is in the advanced stages of its London Stock Exchange (LSE) listing, the company says. The Toronto-based miner, currently listed on the TSX and…
RBC hikes silver price forecasts
The mining and materials equity team at RBC Capital Markets has raised its silver price forecasts by 16% in 2020, 17% in 2021 and 14% in 2022. RBC now forecasts…
Triple Flag closes US$550M gold and silver stream on Northparkes mine
Mine financing company Triple Flag Precious Metals has closed a US$550 million gold and silver stream on future production from China Molybdenum’s Northparkes mine in Australia. The deal gives Triple…