Stornoway stock sinks on liquidity issues
In early 2017, Stornoway Diamond (TSX: SWY) achieved commercial production at its 100% owned Renard diamond mine in Quebec. The junior had a lot to celebrate. It had done the…
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Yamana’s Marrone on where gold companies can find value propositions
At The Northern Miner’s Canadian Mining Symposium, held at Canada House in London, U.K., Yamana Gold (TSX: YRI; NYSE: AUY) executive chairman Peter Marrone spoke on the many changes at…
Gahcho Kué delivers fancies, large stones
Partners Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD) and De Beers seem to be finding their stride at the Gahcho Kué mine, in the Northwest Territories. Mountain Province owns a…
Japan Gold drills Ohra–Takamine project
Japan closed all 76 of its gold mines during World War II, and reallocated personnel to base metal mines and factories. After the war, it only reopened 12 of the…
DPA battles diamond mining misconceptions
Jean-Marc Lieberherr readily concedes that the industry he represents and speaks for – global diamond mining – has an image problem. “There are so many misconceptions about diamond mining,” says…
Lucara advances its Clara digital sales platform
Lucara Diamond’s (TSX-LUC) Karowe mine in Botswana continues to turn out enormous diamonds. The latest, in April, weighed in at 1,758 carats. While the diamond was recovered unbroken, the stone…
Gold industry needs to ‘get back to basics,’ Iamgold’s Letwin argues
At The Northern Miner’s Canadian Mining Symposium, held at Canada House in London, U.K., Iamgold (TSX: IMG; NYSE: IAG) president and CEO Steve Letwin spoke on gold. Below is the…
B2Gold sells Nicaraguan mines to Calibre
B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its El Limon and La Libertad gold mines — Nicaragua’s largest gold mines — along with its Pavon gold project and other mineral…
TSX Venture falls, June 24-28: Aurion, Golden Dawn, Itafos
The S&P/TSX Venture Composite Index fell 1.20% to 585.47 during the June 24-28 trading week. Spot gold rose US$9.90 per oz. or 0.71% to US$1,408.90 per oz. Aurion Resources topped…
US markets drop, June 24-28: Agnico Eagle, Rio Tinto
The Dow Jones Industrial Average fell 0.45% to 26,599.96 and the S&P 500 Index dropped 0.30% to 2,941.76. Spot gold rose 0.71% or US$9.90 per oz. to US$1,408.90 per oz….
Commentary: It’s time for a few more crazy ideas
In his 2016 memoir, Nike founder Phil Knight recalls being 24 years old and having what he calls a “crazy idea.” He writes: “That morning in 1962, I told myself:…
Glencore confirms 19 artisanal miners dead in DRC
Glencore (LON: GLEN) says 19 illegal artisanal miners have died, “with possible further unconfirmed fatalities,” when two galleries caved in at Kamoto Copper Co.’s KOV open-pit copper mine in the…