TSX Venture wobbles, March 19-23
Worries of a possible U.S.-China trade war spooked investors on the TSX Venture Exchange, sending the S&P/TSX Venture Composite Index down 1.90% to 817.80. Goldex Resources posted the largest gain,…
Africa
US markets fall, March 19-23
Gold rose 2.5% to close at US$1,346.8 during a poor week for U.S. markets. The Philadelphia Gold and Silver Index rose 3.5% to 81.5, the Dow Jones Industrial Average fell…
First Cobalt to acquire US Cobalt and its Iron Creek project in Idaho
The proposed acquisition of a junior explorer with a cobalt project in Idaho will give Canada-focused First Cobalt (TSXV: FCC; US-OTC: FTSSF) a footprint in the U.S. and burnish its…
The Northern Miner podcast – episode 95: Back to the mothership ft YMP Toronto’s Stephen Stewart
The Northern Miner podcast takes a turn this week as it relocates to our Toronto head office with a new cast of regular hosts including editor-in-chief John Cumming, senior staff…
Editorial: New DRC tax rates chasten foreign miners
In the mining world there’s no better epitome of a high-reward, high-risk jurisdiction than the Democratic Republic of the Congo (DRC), with its array of superb mineral deposits, but a…
TSX Venture Exchange inches higher, March 5-9
After rising as many as 24 points midway through the trading week, the S&P/TSX Venture Composite Index levelled off at 828.9 — a 0.35% gain over the previous week. Shares…
US markets dip, Feb. 19-23
Gold closed at US$1,328.20, down 1.36% over the previous week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 3.24% to 80.53 and the Dow Jones Industrial Average…
Commentary: Apple and the vertical transformation of mining
In early February, Bloomberg reported that Apple Inc. was in direct talks with an undisclosed mining company to secure long-term cobalt supplies to support the mounting demands of the company’s…
US markets fall, Feb. 5-9
Gold closed at US$1,315.7 per oz., down 1.2% over the previous week. U.S. markets suffered as the Philadelphia Gold and Silver Index fell 6.6% to 78.35, and the Dow Jones…
New DRC mining code upsets miners
A new mining code in the Democratic Republic of the Congo that would raise royalties on metal production and eliminate a stability clause enshrined in the previous 2002 charter that…
Editorial: Cobalt positioned to enjoy strong year
In many eyes, cobalt is set to become an investor darling for 2018, and the recent royalty hike on cobalt production by the government of the world’s largest producer —…
TSX dips slightly, Jan. 22-26
Canada’s benchmark index fell 0.69% to close the trading week at 16,239.20. The S&P/TSX Global Mining Index fell 0.13% to 75.23 while the S&P/TSX Global Gold Index rose 1.55% to…