TSX posts marginal gain, Oct. 16-20
The S&P/TSX Composite Index rose 0.32% to finish the trading week at 15,857.22. The S&P/TSX Global Mining Index and the S&P/TSX Global Gold Index moved in the opposite direction, falling…
2017
US markets falter, Oct. 16-20
Gold closed at US$1,280 per oz., down US$23.30 per ounce. The Philadelphia Gold and Silver Index dropped 2.61% to 85.01, while the Dow Jones Industrial Average stayed strong, rising 2%…
Video: Progressive Mine Forum 2017
A replay of The Northern Miner‘s Progressive Mine Forum that took place on Oct. 23, 2017, in Toronto. Video 1: Video 2:
Pretium ramps up
VANCOUVER — Pretium Resources’ (TSX: PVG; NYSE: PVG) new 8.7 million oz. Brucejack gold mine in northwestern B.C.’s Golden Triangle district is “well on its way” to becoming a 500,000…
SEC charges Rio Tinto with fraud
The U.S. Securities and Exchange Commission (SEC) has charged Rio Tinto (NYSE: RIO; LON: RIO) and two of its former executives with fraud for inflating the value of coal assets…
Successful juniors communicate well, AME panel says
VANCOUVER — A panel of mining executives speaking at the Association for Mineral Exploration’s latest Speaker Series event before a crowd of more than 100 in downtown Vancouver in early…
Miners dismiss Marc Faber as director after racist comments
Sprott Inc. (TSX: SII), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and Nova-Gold Resources (TSX: NG; NYSE-AM: NG) have ejected Marc Faber from their boards after the Asia-based investment pundit penned…
The Northern Miner podcast – episode 77: What’s up with the Witwatersrand?
This week we’ve got a geological bonanza, as Lesley chats with Hartwig Frimmel about the genesis of the Witwatersrand (Wits) gold deposit in South Africa. The geological anomaly has received…
BMO: Gold miners may revisit dormant megaprojects
VANCOUVER — The last five years have seen large-cap gold miners shelve and write down many ambitious, greenfield development projects that carry significant price tags and heightened risk. Miners instead refocused…
Falco Resources completes feasibility study on Horne 5
A new feasibility study of the Horne 5 gold project in Rouyn-Noranda, Que., estimates it could cost C$1 billion to build, Falco Resources (TSXV: FPC; US-OTC: FPRGF) says. Preproduction construction costs for…
Four Canadian mining giants to join Hall of Fame
In 2018 the Canadian Mining Hall of Fame will induct four new members to its ranks: Ross J. Beaty, Robert A. Gannicott, A. Terrance MacGibbon and Edward G. Thompson. The…
Helicopter attacked in mid-air at Tahoe’s Escobal
A helicopter carrying supplies to Tahoe Resources’ (TSX: THO; NYSE: TAHO) silver mine in Guatemala was attacked by small-arms fire from the ground, and the pilot had to make an…