First Quantum options Northern Dynasty’s Pebble
VANCOUVER — First Quantum Minerals (TSX: FM; US-OTC: FQVLF) is the latest large mining company to place a bet on Northern Dynasty Minerals’ (TSX: NDM; NYSE-AM: NAK) controversial, wholly owned Pebble…
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Rubicon wraps up 2017 exploration program at Phoenix
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) drilled 28,500 metres at its Phoenix gold project in Red Lake in 2017. Highlights from the most recent batch of assay results include a…
US markets post gains, Dec. 11-15
Gold closed at US$1,255.10 per oz., up US$6.90 per oz. on the week. The Philadelphia Gold and Silver Index rose 4.1% to 80.23 and the Dow Jones Industrial Average rose…
TSX Venture rises, Dec 11-15
The S&P/TSX Venture Composite Index gained 8.27 points to a 801.23-point close, as spot gold prices rose US$7.95 to US$1,256.44 per oz., and Comex copper prices gained US16¢ to US$3.14…
TSX dips slightly, Dec. 11-15
The U.S. Federal Reserve raised interest rates 0.25% — its third rate increase this year. The central bank said it expects three more interest rate increases in 2018. Spot gold…
New book: The Art and Humour of John Kilburn – Cartoons from The Northern Miner
The Northern Miner is pleased to announce the publication of The Art and Humour of John Kilburn – Cartoons from The Northern Miner. It’s a hilarious, 262-page anthology of mining cartoons…
Pan American Silver confirms ‘minor’ tailings spill at Huaron in Peru
Pan American Silver (TSX: PAA; NASDAQ: PAAS) has confirmed that a small tailings spill at its Huaron underground mine in central Peru, first reported in the local press, occurred earlier…
Sibanye tables US$383M bid for Lonmin
VANCOUVER — South Africa’s Sibanye-Stillwater (NYSE: SBGL) has launched a US$383-million, all-share bid for debt-heavy peer Lonmin (LON: LMI; US-OTC: LNMIY). If the deal closes, it would be Sibanye’s fourth…
Friedland-backed Clean TeQ Holdings debuts on TSX
Clean TeQ Holdings (TSX: CLQ; ASX: CLQ), which owns the Sunrise project in Australia, one of the highest-grade and largest nickel-cobalt deposits outside of Africa and one of the highest-grade…
More exploration needed, MinEx’s Schodde says
VANCOUVER — A looming decline in production from Australia’s gold mining industry could be a wake-up call for explorers worldwide, MinEx Consulting managing director Richard Schodde says. The industry soothsayer…
Glencore optimistic on industrials, electric vehicles
VANCOUVER — Commodity giant Glencore (LON: GLEN) has been the proverbial elephant in the room during the current zinc rally, with the market pondering a scenario involving up to 500,000…
Eastmain advances in James Bay
Goldcorp (TSX: G; NYSE: GG) put the underexplored James Bay gold district of northern Quebec on the map as a highly prospective new gold camp in 2014, when it poured…