US markets up, Nov. 9-13
The Dow Jones Industrial Average rose 4.42% to finish the trading week at 29,479.81 and the S&P 500 climbed by 2.16% to 3,585.15. Spot gold dropped US$60.60 per oz., or…
2020
TSX Venture slips, Nov. 9-13
The S&P/TSX Venture Composite Index fell 0.80% to finish the Nov. 9-13 trading week at 736.37. Spot gold dropped 3.11%, or US$60.60 per oz., to US$1,889.20 per ounce. Shares of…
Bull market for base metals likely to remain intact, says David Rosenberg at the Global Mining Symposium
The Northern Miner’s Global Mining Symposium virtual conference this week – the second one this year – was yet another resounding success, with thousands of viewers tuning in from around…
Economist David Rosenberg says ‘mad, mad world’ driving gold bull market
David Rosenberg, chief economist and strategist at Rosenberg Research & Associates, has spent a lifetime analyzing trends and identifying future shifts in the global economy and financial markets. But even…
China’s Gangfeng boosts stake in Bacanora’s Sonora lithium project
Shares in lithium explorer and developer Bacanora Minerals (LSE: BCN) surged after it announced its Chinese partner had more than doubled its stake in the company’s Sonora project in Mexico….
Natural resources entrepreneur Serafino Iacono shares ‘know how’ and ‘know who’ at the Global Mining Symposium
For Serafino Iacono, executive chairman of Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF), mining has been a passion that has driven his business career back to the early 1980s. In…
Southwest US snapshot: Eight companies active in the region
The southwestern United States has a long-standing history of mining and remains one of the nation’s top mineral regions. With existing infrastructure, an established regulatory and permitting regime and prospective…
‘Cybersecurity an integral part of an organization’s culture’: EY panel says employees prime target of online threats
A panel of cybersecurity experts from across the industry kicked off the Global Mining Symposium this week with a discussion of how mining companies can build cybersecurity-resilience into their operations….
Guinea approves railroad and port plan for large-scale Simandou project
Guinea’s government has approved a multinational group’s plan to build a railroad and deep-water port to export from the large-scale Simandou iron ore deposit to key markets, including China, the…
Alrosa pink diamond sets record price at auction
An extremely rare, purple-pink diamond mined and polished by Russia’s Alrosa (MCX: ALRS) has set a record price for a gem of that colour sold at an auction after fetching…
Kerr Mines strikes financing deal with Star Royalties
Kerr Mines (TSX: KER; US-OTC: KERMF) will finance the restart of production from its Copperstone gold mine in Arizona with the help of a US$18 million streaming deal with Star…
‘There are not a lot of good projects out there’: Haywood’s David Elliott on the state of the mining industry at the Global Mining Symposium
In an interview at this week’s Global Mining Symposium, David Elliott, a founding partner at Haywood Securities and new inductee into the Canadian Mining Hall of Fame, spoke candidly about…