Commentary: Despite price rise, copper at historic low against gold
According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal’s use in…
Gold
Chakana Copper drills Soledad project in Peru
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has launched a fully-funded, 15,000-metre drill program at its Soledad copper-gold-silver project in Peru, with a target date of March 2021 to release its…
EnGold takes new approach at Lac La Hache in B.C.
EnGold Mines’ (TSXV: EGM) wholly-owned Lac La Hache copper-gold-silver project in British Columbia’s southern Cariboo region has a history dating back several decades. The property, 14 km northeast of Lac…
Political turmoil in Kyrgyzstan raises risks for miners
Mining — more than most industries — relies heavily on infrastructure and institutions at locations where operations are based. The ongoing political chaos in Kyrgyzstan, which saw thousands take to the streets in…
Agnico invests $6.2M in Maple Gold Mines, signs JV
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is investing $6.2 million into Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) as the two companies announced they’ve signed an agreement to consolidate…
Equinox Gold increases reserves, resources at Mesquite mine
Equinox Gold (TSX: EQX; NYSE: EQX) has announced an increase in reserves and resources at its Mesquite open-pit heap leach gold mine in California, 56 km east of Brawley and…
Yamana Gold to begin trading on the London Stock Exchange
Yamana Gold (TSX: YRI; NYSE: AUY) has been officially admitted on the London Stock Exchange, one of the world’s oldest markets, where it will begin trading its shares on Oct….
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
Osisko Royalties spins out Osisko Development, raises $100M
Osisko Gold Royalties (TSX: OR; NYSE:OR) has announced the spin-out, through a reverse-takeover transaction (RTO), of Osisko Development. The newly formed developer will hold the past-producing Cariboo gold project in…
Corvus sees ‘excellent growth potential’ at Bullfrog
Preliminary economic assessments (PEAs) on standalone operations at Corvus Gold’s (TSX: KOR; US-OTC: CORVF) North Bullfrog and Mother Lode projects in southwestern Nevada suggest potential for the junior to be…
Northern Star, Saracen create US$11.5B Australian gold giant
Australia’s Northern Star Resources (ASX: NST) is buying smaller peer Saracen Mineral Holdings (ASX: SAR) in a deal that will create an A$16 billion (US$11.5 billion) gold giant, the world’s…
Teranga increases resource at Golden Hill in Burkina Faso
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has updated the mineral resource estimate for its wholly-owned Golden Hill project in the central part of West Africa’s Hounde Greenstone Belt in southwestern Burkina Faso….