The geology behind Ontario’s world class metal districts
VANCOUVER — Ontario has a long and lively geological past dating back 3.3 billion years, when the Earth was covered by oceans. During that time, intense volcanism formed the Earth’s…
2016
Editorial: Metallurgical coal prices go through the roof
While so much attention this year has focused on gold, it’s metallurgical coal that has suddenly become the unlikely star performer of 2016. Traders in metallurgical coal, also known as…
TSX Venture rises, Sept. 6-9
The S&P/TSX Venture Composite Index gained 1.24 points to an 812.16-point close. Spot gold peaked at US$1,350 per oz. after a subpar U.S. jobs report, before falling to US$1,327.83 per…
PotashCorp, Agrium propose US$36B merger
VANCOUVER — Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) and Agrium (TSX: AGU; NYSE: AGU) have unveiled a plan to merge and create the largest crop-nutrient company in the world,…
Canada’s benchmark index down sharply, Sept. 6-9
Stock and commodity markets came under pressure after comments by European Central Bank President Mario Draghi and Eric Rosengren, the president of the Boston Federal Reserve. Draghi disappointed markets by…
Wall Street ends in the red, Sept. 6-9
U.S. equities slipped in September, as higher oil prices failed to offset investor concerns over the Federal Reserve’s next move. The Dow Jones Industrial Average lost 2.2% to finish at…
The Northern Miner podcast – episode 29: Risk and reward ft. Joe Mazumdar
Western Editor Matthew Keevil sits down with Joe Mazumdar from Exploration Insights for a wide-ranging discussion on the resource sector. Topics include the recent resource estimation troubles for Orezone Gold…
Orezone cuts Bomboré 29%
VANCOUVER — Orezone Gold (TSXV: ORE; US-OTC: ORZCF) disclosed in August that more conservative engineering methods would likely drop global resources at its flagship Bomboré gold project in Burkina Faso. On…
New Gold redesigns tailings facility, raises capex
With tailings dam disasters at Imperial Metals’ Mount Polley mine in B.C., and the Samarco mine jointly owned by BHP Billiton and Vale in Brazil, the integrity of tailings management…
Interview: Kirkland Lake Gold’s new CEO discusses vision for the company
Anthony Makuch took the helm of Kirkland Lake Gold (TSX: KGI) on July 18, 2016. Before joining the Ontario-focused gold producer, Makuch was president and CEO of Lake Shore Gold,…
Odds ‘n’ Sods: An introduction to bush life
I spent my first summer in the bush in 1958, soon after graduating from MIT with a bachelor’s degree in geology and geophysics. McPhar Geophysics had hired me as chief…
Orefinders plans to cash in on historic Mirado stockpiles
VANCOUVER — Orefinders Resources (TSXV: ORX; US-OTC: ORFDF) has found a way to finance potential development and exploration at its past-producing Mirado gold project, 35 km southeast of Kirkland Lake in…