Taiga Gold, SSR Mining report visible gold at Fisher
In May 2016, Silver Standard Resources, now called SSR Mining (TSX: SSRM; NASDAQ: SSRM), acquired Claude Resources and its Seabee gold operation in Saskatchewan for $337 million in cash and…
Articles by Trish Saywell
Wealth Minerals and Rosatom sign MOU
Russia’s state nuclear group Rosatom and Canada’s Wealth Minerals (TSXV: WML) are working towards a partnership at the junior’s Atacama lithium project in northern Chile. The two companies signed a memorandum…
Horizonte releases PFS on Vermelho
Vermelho — one of the largest and highest-grade undeveloped laterite nickel-cobalt resources in the world — will generate US$7.3 billion in total cash flow over 38 years, Horizonte Minerals (TSX:…
Orla secures financing for Camino Rojo in Mexico
Orla Mining (TSX: OLA) has reached an agreement with Trinity Capital Partners for a project finance facility of up to US$125 million to build its first mine — the Camino…
Editorial: Cratering demand signals more trouble in coal country
The shift from coal to cheaper and cleaner fuel sources like natural gas and renewables claimed another victim in the U.S. last week. Peabody Energy said it will close its…
Protests over austerity measures in Ecuador put investors on edge
A wave of nationwide protests has shaken Ecuador and investor confidence in the emerging mining jurisdiction. As part of President Lenin Moreno’s US$4.2-billion financial deal with the International Monetary Fund…
TSX Venture posts small gain, Oct. 14-18: Novo Resources, New Pacific Metals, BonTerra, Cobalt 27
The S&P/TSX Composite Index rose 0.30% to 542.43 during the trading week. Spot gold finished at US$1,489.60, up 80¢. Novo Resources jumped 33¢ to $2.80. The company recently reported positive…
TSX slips, Oct. 14-18: First Majestic, Wesdome, Alamos Gold, Teck
The S&P/TSX Composite Index fell 0.23% to 16,377.10. The S&P/TSX Global Mining Index lost 1.29% to 73.48 and the S&P/TSX Global Base Metals Index dropped 0.60% to 96.86. The S&P/TSX…
US markets mixed, Oct. 14-18: Agnico Eagle, AngloGold Ashanti, Newmont Goldcorp
The Dow Jones Industrial Average fell 0.17% to 26,770.20, while the S&P 500 Index rose 0.54% to 2,986.20. Gold stayed relatively flat at US$1,489.60 per oz., up 0.05% for the…
Pretium’s Brucejack nets ‘steady cash flow’
In 2011, Pretium Resources (TSX: PVG; NYSE: PVG) shares skyrocketed on some of the most extraordinary gold and silver grades ever reported in B.C.’s Golden Triangle. An early assay from…
Lynas and Blue Line to build rare earths separation capacity in US
A combination of growing demand for rare earth elements (REEs) and supply uncertainty related to the ongoing trade war between the U.S. and China has reignited project investment, with rare…
Nemaska Lithium announces layoffs
Nemaska Lithium (TSX: NMX, US-OTC: NMKEF) plans to lay off 64 employees, or about half of its staff, after financing delays for its Whabouchi project in Quebec. “This difficult decision…