Probe drills high-grade gold at Cadillac Break East
Deeper drilling in a previous drill hole intersected 8 grams gold per tonne over 9 metres at the Cadillac Break East property near Val-d’Or, Que., Probe Metals (TSXV: PRB; US-OTC:…
Volume 106 Number 13 June 22 – July 5, 2020
Global Copper Snapshot: Companies developing the next generation of copper assets
Copper demand is expected to grow over the coming years, as the world continues the transition to electric-powered vehicles. However, many industry watchers have noticed a scarcity of pre-production copper…
Editorial: Speaking Out
When Trent Mell, the president and CEO of First Cobalt, contacted our newspaper last week and asked what our thoughts were on tackling the George Floyd protests as they relate…
Copper price rally could be short-lived, analyst says
Copper prices surged to their highest levels in nearly three months on June 11, reaching US$5,801.5 per tonne (US$2.63 per lb.) on the London Metals Exchange (LME), up almost 20%…
Diamonds Snapshot: Six juniors staying in the game
For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one – even before the coronavirus pandemic….
Zijin Mining revealed as the mystery buyer of Guyana Goldfields
China’s Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals’ (TSX: SVM; NYSE: SVM) bid for Guyana Goldfields (TSX: GUY), with a deal that values the target…
TSX drops June 8-12: Barrick, Starcore, B2Gold
Concerns about a new surge of coronavirus infections sent the S&P/TSX Composite Index down 3.77%, or 597.50 points, to finish the June 8-12 trading week at 15,256.57. Spot gold rose…
TSX Venture slips, June 8-12: Artemis Gold, Rupert Resources, SRG Mining
The S&P/TSX Venture Composite Index fell by 0.36% to finish the June 8-12 trading week at 554.91, with gold finishing the week at US$1,730.50 per oz., a rise of US$46.50…
US markets tank, June 8-12: AngloGold Ashanti, Rio Tinto, Kinross Gold
Coronavirus cases in the U.S. topped 2 million and fears of a rise in infections pummelled the stock market. The Dow Jones Industrial Average Index plunged 5.55%, or 1,505.44 points,…
Lucara’s digital sales platform poised for growth during Covid-19
Since its first sale through its Clara sales platform in late 2018, Lucara Diamond (TSX: LUC) has sold US$12.1 million worth of diamonds using the digital technology. The sales platform…
Taseko maintains production through pandemic
While gold miners have been stealing the pandemic limelight as that precious metal’s price has soared, copper miners have struggled with the collapse of their main markets, like China, and…
Vale raises emergency alert level at inactive tailings dams
Brazilian mining giant Vale (NYSE: VALE) has issued a level one emergency alert for three inactive tailings dams in the country’s southeastern state of Minas Gerais. The miner, the world’s…