AME names 2016 award winners
The Association for Mineral Exploration (AME) has announced the recipients of its annual awards. The winners will be honoured at the AME Awards Celebration of Excellence Gala on Jan. 25,…
Volume 102 Number 46 December 26, 2016 – January 1, 2017
Editorial: Top stories of 2016
For miners 2016 amounted to the fifth year of the industry downturn, albeit with a renewed sense of better days ahead with rallies for gold, silver, copper, zinc, iron ore…
EnGold explores for high-grade gold at Lac La Hache
VANCOUVER — Recent drill results from EnGold Mines’ Aurizon South gold-copper-silver zone, 14 km from the town of Lac La Hache in central B.C., is casting a renewed light on…
Letter to the editor: Discovering mineralization vs a deposit at Schaft Creek
In response to the Dunns’ letter on Schaft Creek, it is unfortunate that the Dunns apparently have not had the opportunity to read the 32-page chapter on Schaft Creek in…
TSX Venture drops, Dec. 12-16
The S&P/TSX Venture Composite Index dropped 13.58 points, or 1.8%, to a 735.22-point close on weaker commodity prices. Spot gold prices fell US$24.98 per oz. gold to a fresh 10-month…
TSX retreats, Dec. 12–16
Canada’s largest stock market weakened, after the U.S. Federal Reserve raised its short-term interest rate by a quarter of a percentage point to between 0.5% and 0.75%. The spot gold…
US markets relatively stable, Dec. 12-16
The U.S. Federal Reserve’s decision to raise its key interest rate 25 basis points to a range of 0.5% to 0.75% — its first rate hike since December 2015 —…
Letter to the editor: Nick Bird discovered Schaft Creek in BC
We are writing in reference to the Odds ‘n’ Sods article “Doda, Dink and Zoran” by Dr. Harold Linder (T.N.M., Dec. 3-11/16). The author’s biography at the end states, “Dr….
Arizona shares tumble on speculation
Arizona Mining (TSX: AZ) shares slightly recovered on promising assays from the Taylor zinc-lead sulphide deposit at its Hermosa property, following a sharp decline after a mining publication raised concerns…
Eco Oro files for arbitration against Colombian gov’t
Eco Oro Minerals (TSX: EOM) claims the Colombian government has eviscerated its US$250-million investment in the country and is filing for international arbitration. The Vancouver-based junior has been developing its…
Matamec splits gold and energy projects into two companies
Montreal-based Matamec Explorations (TSXV: MAT) is dividing its gold and energy-related projects into two entities in hopes of gaining more traction among investors. “Our strategy is to split Matamec into…
GMV Minerals CEO discusses ‘unexpected’ target at Mexican Hat
VANCOUVER — GMV Minerals (TSXV: GMV; US-OTC: GMVMF) is shifting the narrative around its Mexican Hat gold property, 115 km east–southeast of Tucson, Arizona. Earlier this year the company was outlining…