Indonesian sale nets Newmont US$1.3B
VANCOUVER — Newmont Mining (NYSE: NEM) indicated earlier this year that it was in talks to divest its Indonesian business unit to a consortium of local investors, and on June 30 it…
Copper
Imperial Metals to resume Mount Polley operations
VANCOUVER — The B.C. Ministry of Energy and Mines has given Imperial Metals (TSX: III; US-OTC: IPMLF) permission to resume full production at its Mount Polley copper-gold mine, 56 km…
Kincora eyes massive land position in Mongolia’s South Gobi
VANCOUVER — Kincora Copper (TSXV: KCC; US-OTC: BZDLF) hopes that a renewed sense of political stability in Mongolia will reinvigorate investor interest, and it is doubling down on the country…
The Northern Miner podcast – episode 18: Brexit, AME BC and First Nations, and pranks!
Lesley and Matt talk the Brexit vote (which Matt incorrectly predicts), a big-time policy statement from the AME BC about unauthorized payment demands by First Nations in B.C., Centerra Gold’s (TSX:…
TSX Venture holds steady, June 13-17
The S&P/TSX Venture Composite Index closed relatively unchanged at 715.36 points. Spot gold nearly broke two-year highs, rising 1.9%, or US$24.41, to a US$1,298.65 per oz. close, as the U.S….
The Northern Miner podcast – episode 17: Permit troubles, bidding wars, and goat brains
Lesley and Matt drill into the unexpected permit rejection of Sabina Gold and Silver’s (TSX: SBB; US-OTC: SGSVF) promising Back River gold property 400 km southwest of the community of Cambridge…
Explorers need to rethink their deposits, John Kaiser says
VANCOUVER — John Kaiser, newsletter writer of Kaiser Research Online, spoke at this year’s Vancouver Commodity Forum — hosted by Zimtu Capital in downtown Vancouver in June — and shared…
Northern Shield, South32 team up
VANCOUVER — A commitment to ore mineralogy is paying off for junior Northern Shield Resources (TSXV: NRN) at its greenfield Huckleberry copper-nickel discovery in the southern Labrador Trough. On June 7,…
Angkor Gold reels in Jogmec
When Mike Weeks first started nosing around for mineral concessions in Cambodia in late 2008 and early 2009, the typical reaction he got from people in the business was that…
The Northern Miner podcast – episode 16: Story time with Lesley and gold rises
The Northern Miner introduces ‘Story Time with Lesley’, wherein we share some entertaining tales from the field, with additional coverage on Lundin Gold‘s (TSX: FUG; US-OTC: FTMNF) Fruta Del Norte project…
Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
Nautilus probes for more in Central Pacific
VANCOUVER — There’s an ocean of opportunity for aspiring seafloor miner Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) at its wholly owned, polymetallic nodule project within the Clarion-Clipperton fracture zone (CCZ)…