TSX up, Sept. 28-Oct. 2
The S&P/TSX Composite Index rose 0.83% to 16,199.25 during the Sept. 28-Oct. 2 trading week. The S&P/TSX Global Mining Index increased 0.14% to 96.25, and the S&P/TSX Global Base Metals…
Agnico Eagle Mines
Newmont and Agnico Eagle team up in Colombia
Newmont Mining (TSX: NGT; NYSE: NEM), the world’s largest gold producer, and Canada’s Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have formed a 50-50 joint venture in Colombia to explore…
Miners use on-site testing to keep operations coronavirus-free
Timothy Ray Sewell is no stranger to pandemics. In the early 2000s, he developed emergency management plans in Indonesia and Borneo for BHP Billiton during the H1N1 influenza pandemic and…
‘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…
BHP to fund Midland nickel exploration in Quebec
Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec. BHP’s unit,…
Mexican gov’t greenlights Orla Mining’s Camino Rojo
Mexico has approved the environmental impact statement (EIS) for Orla Mining’s (TSX: OLA) Camino Rojo oxide gold project in Zacatecas state — clearing the way for mine construction to start….
Mulatos mine keeps paying off for Alamos Gold
When Alamos Gold (TSX: AGI; NYSE: AGI) paid Placer Dome $10 million for the Mulatos project in Mexico in November 2001, gold was below US$300 per ounce. At that gold…
Agnico, Yamana target underground potential at Canadian Malartic
Joint-venture partners Agnico Eagle Mines (TSX, NYSE: AEM) and Yamana Gold (TSX: YRI; NYSE: AUY) will begin construction of an underground ramp at their Canadian Malartic open pit mine, 25 km…
Agnico Eagle profits soar in the second quarter
Agnico Eagle Mines (NYSE, TSX: AEM) reported on July 29 a near four-fold increase in quarterly profit, owing to a surge in gold prices and a reduction in exploration costs…
Editorial: The good, the bad and the absurd
First the good news: Quebec’s decision last week to add mining to the list of priority activities and services permitted during the pandemic elicited quiet cheers from investors and lifted…
Solstice Gold updates plans for Kahuna project in Nunavut
Solstice Gold (TSXV: SGC) has completed a new technical report on its Kahuna gold project, located 26 km northeast of Rankin Inlet and 15 km from Agnico Eagle Mines‘ (TSX:…
Quebec mines deemed an essential service
With Quebec Premier François Legault’s announcement on Monday declaring mining operations in the province an essential service, mines will be allowed to start back up on April 15, with additional…