World Gold Council: Gold demand off to a soft start in 2018
The following is an edited summary from the World Gold Council, based on its Gold Demand Trends Q1 2018 report. To access the full report, visit www.gold.org. Gold demand had…
Volume 104 Number 10 May 14 – May 24, 2018
South America Snapshot: Lithium joins gold and silver as top targets
Higher commodity prices have a brought a fresh wave of exploration and pilot-stage mining to South America by Canadian-based juniors. While gold projects remain a favourite, silver and lithium are…
Ontario gov’t reaches resource revenue-sharing deal with First Nations
The Ontario government and several First Nations in the province have reached an agreement that will see the province share revenues from mining and forestry projects with local First Nations….
Editorial: Former Massey Energy CEO, ex-con Blankenship attempts comeback in US Senate
It’s hard to figure out what the lessons are here, but the audacity and sheer political spectacle can’t go unremarked: the disgraced former CEO of Massey Energy, Don Blankenship, is…
TSX Venture continues slow slide, April 30-May 4
The S&P/TSX Venture Composite Index fell 1.47% to end the trading week at 772.24. The index has been on a three-week slide since mid-April, when it traded briefly above 800…
US equities dip slightly, April 30-May 4
Uncertainty about the future of the central bank’s monetary policy and concern about a U.S.-China trade war kept a lid on U.S. equities. The Dow Jones Industrial Average fell 48.68…
TSX rises slightly, April 30-May 4
Canada’s benchmark index rose 0.38% to 15,729.4, with little movement in Canadian markets. The S&P/TSX Global Mining Index rose 1.62% to 73.18, while the S&P/TSX Global Gold Index fell 0.13%…
While seeking JV partner, Lara drills Planalto in Brazil
Lara Exploration (TSXV: LRA) is drilling its 47 sq. km Planalto copper property in Brazil’s northern Carajas district. “We’re a prospect generator and we typically don’t drill projects ourselves,” Lara…
Harte Gold approaches commercial production
Harte Gold (TSX: HRT; US-OTC: HRTFF) is fully funded to finish building its Sugar Zone mine project in northern Ontario — 80 km east of the Hemlo gold camp —…
Lithium Chile spins out base metals
Although Lithium Chile (TSXV: LITH) has been a lithium-focused company since 2015, that wasn’t always the case. It went public in 2011 under the name Kairos Capital, and did so…
Centerra rebuffs Chaarat’s $800M offer for Kumtor mine
Before Chaarat Gold (LON: CGH) launched an US$800-million, cash-and-share proposal to acquire Centerra Gold’s (TSX: CG) Kumtor mine in Kyrgyzstan, very few North Americans had even heard of the junior…
Rubicon adds to resource at Phoenix in Red Lake
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has boosted the measured and indicated resource by 113% and the inferred resource by 80% at its Phoenix gold project in Red Lake, Ont.,…