TSX down, Aug. 31-Sept. 4
The S&P/TSX Composite Index fell 2.92% to 16,218.01 during the Aug. 31-Sept. 4 trading week. The S&P/TSX Global Base Metals index dropped 0.66% to 104.84, and the S&P/TSX Global Gold…
United States
TSX Venture declines, Aug. 31-Sept. 4
The S&P/TSX Venture Exchange was down 1.56% to 733.69. Spot gold fell 1.5%, or US$29.50 per oz., finishing the week at US$1,934.80 per ounce. Shares of Cornerstone Capital jumped $1.24…
‘Get creative’: Elim Mining’s John Antwi on copper fundamentals at the Global Mining Symposium
Mining executive John Antwi, president and director of privately held Elim Mining, spoke about the copper market on the third day of The Northern Miner’s Global Mining Symposium. Antwi and…
Int’l Tower Hill raises cash to revive Livengood project in Alaska
International Tower Hill Mines (TSX: ITH; NYSE-AM: THM) plans to raise US$10.3 million in support of a prefeasibility study on its Livengood gold deposit, 110 km north of Fairbanks, Alaska….
‘Gold is becoming mainstream’: Ronald-Peter Stoeferle on precious metals and mining stocks at the Global Mining Symposium
The Global Mining Symposium continued apace on the second day of the three-day event with Alisha Hiyate, editor at The Canadian Mining Journal, interviewing Ronald-Peter Stoeferle, managing partner and fund…
‘Conscious capitalism’: Impact investing panel debates social role of mining industry at the Global Mining Symposium
The Northern Miner kicked off its inaugural Global Mining Symposium on Tuesday, with mining leaders, influential investment professionals, and forward-thinking innovators from around the world. The three-day event includes panel…
Gold production growth will average 2.5% annually from 2020-2029: Fitch
A new report by Fitch Solutions forecasts that global gold production will increase from 106 million oz. in 2020 to 133 million oz. by 2029, for an average annual growth…
Scorpio options Mineral Ridge property to Titan for $35M
Scorpio Gold (TSXV: SGN) has granted an option to Titan Mining (TSX: TI) to earn an 80% interest in the Mineral Ridge property in Nevada. The terms of the agreement…
Premier Gold updates Getchell resource in Nevada
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has released an updated resource for the Getchell gold project in Nevada. Last month, the company announced a definitive purchase agreement for the…
New management brings ‘modern thinking’ to environmentally-challenged Bunker Hill Mine
For over a century, the mines of Silver Valley in the Coeur d’Alene Mountains in northern Idaho have been a source of tremendous mineral wealth. From the mid-1880s, those mines…
Coronavirus outbreak mutes outlook at OceanaGold’s Haile mine in South Carolina
OceanaGold (TSX, ASX: OGC) said that the outlook at its Haile gold mine in South Carolina is “uncertain” after 18 staff members tested positive for Covid-19 since June. According to…
Northern Dynasty’s stock craters on Trump media reports
The U.S. Army Corps of Engineers (USACE) has ordered Northern Dynasty Minerals (TSX: NDM) to craft a plan that would mitigate environmental impacts of its proposed Pebble copper-gold-molybdenum mine in…