Far North Snapshot: Seven companies active in the Arctic and near-Arctic
With metal prices on the rise, mineral projects and mines in the Far North are once again becoming more attractive, and companies are devoting more funds this year to work…
Volume 104 Number 9 April 30 – May 13, 2018
White Gold District Yukon’s best hope for gold deposits
Mike Burke has been working as a geologist in the Yukon since 1990. He’s seen a lot of smaller discoveries, but says the territory still hosts company-defining gold deposits. “When…
Metals Commentary: Gold could hit US$1,450 this year, says Metals Focus
The following is an edited release from Metals Focus in London, based on its annual Gold Focus report. For more information and to access the full report, visit www.metalsfocus.com. After…
Osisko Metals on a mission of resource conversion at Pine Point
Just three days after Osisko Metals (TSXV: OM) closed the $34-million acquisition of Pine Point Mining, it announced it had kicked off a 50,000-metre drill program at the historic Pine…
US markets rise marginally, April 16-20
The Dow Jones Industrial Average climbed 0.42% to 24,462.94 and the S&P 500 Index rose 0.52% to 2,670.14. Alcoa posted the largest gain, surging $5.05 per share to $60.01. The…
TSXV moves higher, April 16-20
The S&P/TSX Venture Composite Index climbed 1.13% to end the trading week at 804.96. Shares of Evrim Resources jumped 55¢, or 59.8%, to $1.47, on new exploration results at Cuale,…
TSX posts gain, April 16-20
Canada’s benchmark index gained 1.38% to 15,484.32. The S&P/TSX Global Mining Index rose 2.49% to 61.77 and the S&P/TSX Global Gold Index increased 0.80% to 191.79, while spot gold fell…
Editorial: Rusal sanctions sow market turmoil
The global aluminum markets have been in an uproar since April 6, when the U.S. government imposed tough sanctions on Russia’s oligarchs. Caught in the net are aluminum giant Rusal…
Southern Silver dropping first holes into CLM West claims
In the coming months, Southern Silver Exploration (TSXV: SSV; US-OTC: SSVFF) will drill up to 13,000 metres at its 265 sq. km Cerro Las Minitas (CLM) polymetallic silver project, 70…
Nighthawk keeps drills turning
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) is drilling 25,000 metres this year at its 899 sq. km Indin Lake gold property in the Northwest Territories. The $11-million exploration program began…
Nemaska Lithium attracts financing for Whabouchi
Nemaska Lithium (TSX: NMX; US-OTC: NMKEF) has landed two big financing deals in as many weeks with Japanese multinational conglomerate SoftBank Group Corp. and private equity firm Orion Mine Finance….
Nouveau Monde plans all-electric mine in Quebec
Nouveau Monde Graphite (TSXV: NOU) wants to build an all-electric, open-pit mine that will have a carbon neutral footprint at its Matawinie project in Quebec, 120 km north of Montreal. A…