Sumitomo joins Iamgold at Côté gold project
VANCOUVER — Iamgold (TSX: IMG; NYSE: IAG) been searching for a partner to help shoulder capital development costs at its Côté gold property, 130 km southwest of Timmins, Ont., and it…
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Site visit: Sam Coetzer breathes new life into Golden Star
PRESTEA, GHANA — Sam Coetzer was senior vice-president of Kinross Gold’s (TSX: K; NYSE: KGC) South American operations when he got a call in 2011 from Christopher Thompson, chairman of the board…
Cobalt deficit on the horizon
Cobalt prices have nearly doubled in the first quarter of the year, with demand for its use in rechargeable batteries and the electric-vehicle market, in particular, expected to take off….
Gahcho Kué achieves commercial production
Seven months after turning out its first diamonds last August, De Beers and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine in the Northwest Territories began commercial production…
The Northern Miner podcast – episode 62: Exploration Insights & extinction-level events ft. Brent Cook
We’re back with an action-packed episode that tackles — in equal parts — the state of junior mining markets and extinction level events. Lesley swings by for another edition of the…
Dominion Diamond explores options after takeover approach
It’s been an eventful year for Dominion Diamond (TSX: DDC; NYSE: DDC), with the company receiving an unsolicited takeover approach in February, shortly after CEO Brendan Bell announced his resignation…
Osisko Gold to buy Orion’s royalties for $1.1B
VANCOUVER — Osisko Gold Royalties (TSX: OR; NYSE: OR) CEO Sean Roosen says his firm had been “keeping the powder dry” in anticipation of a transaction that would make it a…
TSX Venture eases down, May 29-June 2
The S&P/TSX Venture Composite Index lost 7.61 points over the report period to an 800.98-point close, as spot gold prices gained US$12.41 to US$1,278.17 per oz., and Comex copper prices…
US markets inch higher, May 29-June 2
Markets in the U.S. were closed for the Memorial Day holiday on May 29. For the rest of the week, the Dow Jones Industrial Average rose 0.60% to 21,206.29 and…
[Update] Barrick, Acacia embroiled in political turmoil in Tanzania
VANCOUVER — Barrick Gold‘s (TSX: ABX; NYSE: ABX) senior management is getting directly involved in an evolving sociopolitical situation in Tanzania that could materially impact its annual gold production. The company holds a 63.9%…
Canada’s benchmark index posts marginal advance, May 29-June 2
Canada’s real growth domestic product advanced at a 3.7% annualized rate in the first quarter, or more than triple the 1.2% rate posted in the United States. Business investment was…
China ‘holds the key’ to thermal coal price stability
The Northern Miner recently spoke with Andy Roberts, Wood Mackenzie’s research director of global thermal coal markets, to get an overview of the sector. Based in Austin, Texas, Roberts analyzes…