Puma beats staking rush in NB
Puma Exploration (TSXV: PUM) has been active in northern New Brunswick’s Bathurst mining camp for more than a decade, but stepped up its involvement last year with agreements to acquire…
Articles by Trish Saywell
Roxgold grows Bagassi South resource in Burkina Faso
Roxgold (TSX: ROXG; US-OTC: ROGFF) has improved grades by 37% and the resource size by 14% at its Bagassi South satellite gold deposit in Burkina Faso. Bagassi South is 1.8…
Washington Companies bids US$1.2B for Dominion Diamond
A privately held group with no experience in diamond mining owned by American industrialist and entrepreneur Dennis R. Washington — who got his start building roads in Alaska — is…
TSX rises, July 10-14
Canada’s central bank raised its overnight lending rate by a quarter-percentage-point to 0.75% from 0.5%–the first interest rate hike in seven years. “Growth is broadening across industries and regions and…
US stocks up, July 10-14
On the macroeconomic front, the U.S. Labor Department reported that the U.S. inflation rate for the first six months of the year was 1.6%, which could mean the central bank…
Nighthawk Gold extends high-grade zone at Colomac
Nighthawk Gold (TSX: NHK), which graduated to the TSX in May, is halfway through a 25,000-metre drill program at its Colomac project in the Northwest Territories, and all of the…
Top 10 Canadian-based diamond companies
Canada is the fifth-largest diamond producer in the world, according to the Mining Association of Canada. Last year two new diamond mines came into production: Gahcho Kué in the Northwest…
Cardinal Resources delineates 4.2M oz. gold at Namdini in Ghana
Archie Koimtsidis, cofounder and CEO of Cardinal Resources (TSX: CDV; ASX: CDV), is confident that the company’s Namdini gold deposit will become the first big gold mine ever built in…
Banro navigates risk in the DRC
The Democratic Republic of the Congo (DRC) is often described by miners as “elephant country” — a metaphor for a land filled with extra-large mineral deposits. The elephant in the…
Guatemalan court suspends Tahoe’s licence for Escobal
The Supreme Court of Guatemala has suspended Tahoe Resources’ (TSX: THO; NYSE: TAHO) flagship Escobal silver mine until it can hear an action brought against the government’s Ministry of Energy…
Gold juniors reap investment windfall from majors
Direct investment in TSX-listed shares of junior gold companies is the highest it’s been in the last 10 years, CIBC World Markets says in a report. The bank’s research analysts…
US markets down, June 26-30
Real gross domestic product in the U.S. increased at an annual rate of 1.4% in the first quarter of 2017, down from 2.1% in the fourth quarter of 2016. Consumer…