Argentine tycoon Elsztain bets big on gold
Eduardo Elsztain — one of Argentina’s richest men — has been buying and selling hard assets for the last 35 years. His first real estate deal in 1982, when he…
2016
Editorial: Brazil’s anti-corruption drive takes out Rousseff
Brazil’s political and economic turmoil has grabbed headlines around the world, the culmination of years of top-level judicial investigations and countrywide street protests against corruption in politics. On May 12,…
TSX Venture marches upwards, May 9-13
The S&P/TSX Venture Composite Index advanced towards one-year highs, up 1.6%, or 10.71 points, en route to a 679.68-point weekly close. Spot gold dropped 1.21%, or US$15.54, to US$1,273.45 per…
Guyana Goldfields off to a strong start at Aurora
VANCOUVER — Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has wrapped up its first commercial quarter at the Aurora open-pit gold mine in Guyana, and the results hint at an operation that’s…
Hunt Mining acquires Martha mine in Argentina
Matthew Hughes found the Martha silver deposit while looking out the window of his pick-up truck. It had just rained and a red line streaked across the dirt road in…
Eldorado exits China with US$900-million in asset sales
VANCOUVER — It took two years, but mid-tier gold miner Eldorado Gold (TSX: ELD; NYSE: EGO) is finally divesting all of its development and production assets in China with the…
US markets end in the red, May 9-13
Concern about domestic and global growth sent the Dow Jones Industrial Average and the S&P 500 Index into the red for the third straight week. The Dow fell 1.12% to…
TSX ekes out slim gain, May 9-13
The ferocious wildfires in Alberta’s oil patch around Fort McMurray knocked an estimated 1 million barrels a day offline, prompting many economists to lower their 2016 gross domestic product growth…
The Northern Miner podcast – episode 12: Good times for gold
Lesley returns from Hawaii in time to talk about Goldcorp‘s (TSX: G; NYSE: GG) takeover of Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) and its Coffee project in the Yukon. Matt…
Facts ‘n’ Figures: Silver demand hit record 1.17B oz. in 2015, Silver Institute finds
The following is an edited summary from the Silver Institute, based on findings in its World Silver Survey 2016. For more information visit www.silverinstitute.org. The silver market saw record demand…
Enrollment opened under the Extractive Sector Transparency Measures Act
Natural Resources Canada (NRCAN) has opened the enrollment process for companies who meet the definition of a “reporting entity” under the Extractive Sector Transparency Measures Act (ESTMA). Reporting entities can…
Trevali lowers costs at Santander mine
Trevali Mining’s (TSX: TV; US-OTC: TREVF) Santander zinc-lead-silver mine in Peru keeps beating expectations, and the company says it’s one of the lowest-cost operating mines in the country’s Central Mineral Belt….