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…
News
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…
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…