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…
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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…
Orla completes study on Camino Rojo in Mexico
Orla Mining’s (TSX: OLA) Camino Rojo open-pit project in Zacatecas, Mexico, would produce 97,000 oz. gold annually over seven years and could be built for US$123 million, a new feasibility…
Glencore to support First Cobalt’s refinery in Ontario
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has taken a major step toward becoming the only producer of refined cobalt in North America. The company, which plans to restart its hydrometallurgical…
Global Energy Metals expands Nevada footprint
Global Energy Metals (TSXV: GEMC; US-OTC: GBLEF) struck an option agreement in January with Nevada Sunrise Gold (TSXV: NEV) to acquire 85% of the historic Lovelock cobalt mine and nearby…
US Dept. of Commerce recommends uranium quota: Bloomberg report
Shares of Energy Fuels (TSX: EFR) and Ur-Energy (TSX: URE) moved higher on a report from Bloomberg that the U.S. Department of Commerce is recommending that Washington take measures to…
Metals Commentary: Chromium markets suppressed with ongoing surplus ore supply, says Roskill
The following is an edited release by London-based metals market consultants Roskill. For more information, visit www.roskill.com. The current price for primary South African chrome ore of around US$170 per…