Gold industry needs to ‘get back to basics,’ Iamgold’s Letwin argues
At The Northern Miner’s Canadian Mining Symposium, held at Canada House in London, U.K., Iamgold (TSX: IMG; NYSE: IAG) president and CEO Steve Letwin spoke on gold. Below is the…
2019
B2Gold sells Nicaraguan mines to Calibre
B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its El Limon and La Libertad gold mines — Nicaragua’s largest gold mines — along with its Pavon gold project and other mineral…
Facts ‘n’ Figures: Canada’s IPO market struggles at fraction of 2018 pace, PwC says
The following is a release by PwC Canada as part of its quarterly monitoring of the status of initial public offerings in Canada. Visit www.pwc.com/ca for more information. The surge…
TSX Venture falls, June 24-28: Aurion, Golden Dawn, Itafos
The S&P/TSX Venture Composite Index fell 1.20% to 585.47 during the June 24-28 trading week. Spot gold rose US$9.90 per oz. or 0.71% to US$1,408.90 per oz. Aurion Resources topped…
US markets drop, June 24-28: Agnico Eagle, Rio Tinto
The Dow Jones Industrial Average fell 0.45% to 26,599.96 and the S&P 500 Index dropped 0.30% to 2,941.76. Spot gold rose 0.71% or US$9.90 per oz. to US$1,408.90 per oz….
TSX dips, June 24-28: Continental Gold, First Quantum, Northern Dynasty
The S&P/TSX Composite Index fell 0.87% to 16,382.20. Metal indexes moved higher with the S&P/TSX Global Mining Index up 1.30% at 79.44, the S&P/TSX Global Base Metals Index up 1.27%…
SSR Mining acquires past producers
SSR Mining (TSX: SSRM; NASDAQ: SSRM) is acquiring from Newmont Goldcorp (TSX: NGT; NYSE: NEM) and Fairmile Gold Mining two past-producing gold operations to the south of its Marigold mine…
Orvana completes study on Taguas in Argentina
A preliminary economic assessment (PEA) of Orvana Minerals’ (TSX: OR) Taguas gold project, 25 km north of Barrick Gold’s (TSX: ABX; NYSE: ABX) Veladero mine in Argentina, envisions a conventional…
Commentary: It’s time for a few more crazy ideas
In his 2016 memoir, Nike founder Phil Knight recalls being 24 years old and having what he calls a “crazy idea.” He writes: “That morning in 1962, I told myself:…
Glencore confirms 19 artisanal miners dead in DRC
Glencore (LON: GLEN) says 19 illegal artisanal miners have died, “with possible further unconfirmed fatalities,” when two galleries caved in at Kamoto Copper Co.’s KOV open-pit copper mine in the…
Orla completes study on Camino Rojo in Mexico
Orla Mining’s (TSX: OLA) Camino Rojo open-pit project in Zacatecas, Mexico, would produce 97,000 oz. gold annually over seven years and could be built for US$123 million, a new feasibility…
Glencore to support First Cobalt’s refinery in Ontario
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has taken a major step toward becoming the only producer of refined cobalt in North America. The company, which plans to restart its hydrometallurgical…