Volume 101 Number 48 Jan 11 - 17, 2016



Claude Resources' flagship  Seabee gold operation, located in northeastern Saskatchewan. Credit: Claude Resources

Top gold performers in 2015

Since the commodities downturn started four years ago, gold companies have sought ways to reduce costs and push ahead. The spot gold price ended 2015 at US$1,061 per oz., down 10% for the year and 36% since closing 2012 at US$1,664 per oz….



The Great Hall of the People at the western edge of Tiananmen Square in China's capital Beijing. Photo by Zheng Zhou.

Worry over Chinese demand is overdone, Aussie analyst says

While people in the mining sector wring their hands about slowing growth in China, declining demand for base metals and collapsing prices, they’re all missing one key point, according to an Australian mining engineer, research…


Banro's Namoya gold mine in the Democratic Republic of the Congo. The is 200 km southwest of its Twangiza gold mine. Credit: Banro

Banro lands US$98.8M

A Chinese mining investment fund and a Connecticut-based fund management company are giving Banro (TSX: BAA; NYSE-MKT: BAA) some breathing room this year with a private placement, term loan and streaming deal, worth nearly US$100 million.


Warwick Board, Pretium Resources' chief geologist, inspects a sample while conducting regional exploration at the Brucejack gold project in British Columbia. Credit: Pretium Resources.

Pretium explores porphyry potential at Brucejack

VANCOUVER — Warwick Board, chief geologist at Pretium Resources (TSX: PVG; NYSE: PVG), says excitement is building for exploration at the company’s Brucejack project in northwestern B.C., as his team zeroes in on discoveries…




TSX finishes lower, Dec. 23-31

Sliding commodity prices and worries about slowing global growth sent the resource-heavy Toronto stock market down 11% to end 2015 at 13,000.95 — its worst performance since the financial crisis of 2008. Spot gold finished 2015 at…



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