TSX climbs, May 16–20
Canada’s benchmark index advanced ahead of the Victoria Day holiday weekend, rising 171 points, or 1.2%, to 13,919.58, as investors took in higher oil prices and the possibility that the…
Africa
A bit of excitement: Diamonds in Canada Editorial
Not long after Lucara Diamond installed a large diamond-recovery circuit at its Karowe mine in Botswana last year, the mine produced a record-breaking stone. The 1,109-carat Lesedi La Rona is…
Rock Hounds
Diamonds in Canada’s annual roundup of Canadian-listed producers, developers and active juniors Alto Ventures Alto Ventures (TSXV: ATV) has negotiated more time to earn a 60% stake in the GEFA…
Q&A: Why diamond stocks haven’t lost their shine
After a 12-15% decline in rough diamond prices last year, 2016 has seen a stronger start to the year. Even so, Edward Sterck, Director of Equity Research, Metals and Mining…
Freeport to sell Tenke stake for US$2.7B
VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been working to reduce its sky-high debt loads, and on May 9 it made the deepest cut to date. The company has agreed to sell…
Ivanhoe outlines economics for Big Zinc at Kipushi
VANCOUVER —Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has tabled a preliminary economic assessment (PEA) for the redevelopment of the brownfield Kipushi zinc-copper project in the Democratic Republic of the…
Endeavour posts mixed Q1
Endeavour Mining (TSX: EDV) eked out a small profit in the first quarter as it increased gold production and lowered all-in sustaining costs, but missed analysts’ expectations. Net earnings for the…
Avnel sees Kalana as open pit mine
Howard Miller, executive chairman and CEO of Avnel Gold Mining (TSX: AVK), has had his fair share of success over the last 35 years. As a founding director of Nelson Resources, he…
Roxgold reports maiden resource on Bagassi South’s QV1 target
Roxgold (TSXV: ROG; US-OTC: ROGFF) expects to become a junior producer in June when it pours the first gold from its Yaramoko project in Burkina Faso. In the meantime, the…
Roxgold eyes the finish line at Yaramoko
Building a mine on time and within budget is a tough feat to pull off, but it’s something Africa-focused junior Roxgold (TSXV: ROG; US-OTC: ROGFF) is close to achieving. On April 12,…
US equities climb, April 11–15
The Dow Jones Industrial Average registered a 1.8% gain to close at 17,897.46, in its best week since March 18. The S&P 500 Index rose 1.6% to finish at 2,080.73,…
Asanko hits commercial production
This year so far has been a great one for Asanko Gold (TSX: AKG; NYSE-MKT: AKG). In January, the company kicked off first production at its namesake gold mine in…