SolGold offers $140M for Cornerstone Capital
SolGold (TSX: SOLG; LSE: SOLG) is trying to buy Cornerstone Capital Resources (TSXV: CGP), which owns a minority stake in the Alpala copper-gold project, part of the Ecuador-focused miner’s Cascabel…
Gold
The Northern Miner Podcast – episode 193: Agnico Eagle CEO Sean Boyd on growth, gold prices and company culture, part 2
This week’s episode features an interview with Agnico Eagle Mines vice chair and chief executive officer Sean Boyd at the Canadian Mining Symposium, held on Zoom on June 16, 2020….
Arizona Metals hits massive sulphide at Kay mine
Drilling has intersected massive sulphide mineralization at the South zone of Arizona Metals’ (TSXV: AMC) Kay mine property, 69 km north of Phoenix and adjacent to Black Canyon City in…
Azimut expands drill program at Elmer gold project
Having completed its originally planned 6,000-metre, 30-hole drill program at its wholly owned Elmer gold project, Azimut Exploration (TSXV: AZM) is expanding the campaign to 10,000 metres to continue drilling…
Iamgold weighs construction decision at Cote in Ontario
Iamgold‘s (TSX: IMG) 70%-owned Côté gold project in northern Ontario has received a key federal permitting approval, taking it one step closer to a construction decision. The approval, under the…
Rio Tinto shifts responsibility for coal power plant at Oyu Tolgoi
Rio Tinto (NYSE: RIO; LSE: RIO) has reached an agreement with Mongolia regarding the construction of a power plant to supply the giant Oyu Tolgoi copper and gold mine, located…
Rupert Resources extends gold mineralization at Pahtavaara in Finland
Rupert Resources (TSXV: RUP) has reported two new drill results from its recently discovered Ikkari target at its wholly owned Pahtavaara gold project, located in northern Finland’s Central Lapland Greenstone…
Editorial: This and That
Let’s face it, at times like these, editorial writers are spoiled for choice. How does one choose among the most pertinent topics of the day? The surge in new coronavirus…
TSX Venture rises, June 22-26
The S&P/TSX Venture Composite Index rose 5.56% to finish the trading week at 598.74. Spot gold jumped US$27.70 per oz., or 1.59%, to US$1,771.50 per ounce. Great Bear Resources topped…
US markets fall, June 22-26
A surge in coronavirus cases in parts of the United States undermined market sentiment. The Dow Jones Industrial Average fell 3.31% to 25,015.55 and the S&P 500 dropped 2.86% to…
Canada clears Endeavour Mining-Semafo merger
Canadian regulators have given Endeavour Mining (TSX: EDV) the go-ahead for the acquisition of smaller rival Semafo (TSX: SMF), which would create West Africa’s top gold producer. The Minister of…
TSX drops, June 22-26
The S&P/TSX Composite Index fell 1.84% to 15,189.00 during the June 22-26 trading week. The S&P/TSX Global Mining Index rose 4.24% to 88.72, and the S&P/TSX Global Base Metals Index…