Rubicon grows Phoenix resource; feasibility underway
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has released updated resources for its Phoenix gold project in the Red Lake gold district of northwestern Ontario, with 811,000 oz. gold in the…
Gold
Newmont ‘refreshes brand’, raises dividend 79%
Newmont (TSX: NGT; NYSE: NEM) kicked off the second week of January with an announcement that it is dropping Goldcorp from its name and is also raising its quarterly dividend…
Ascot Resources drills more high grades at Silver Coin in BC
The latest results from the Silver Coin deposit at Ascot Resources’ (TSX: AOT) Premier gold project continue to show high-grade mineralization at this zone. Drill highlights include 7 metres of…
China’s JCHX takes stake in Cordoba Minerals
Cordoba Minerals (TSXV: CDB) says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is…
Doré Copper options Joe Mann gold mine
Recently listed Doré Copper Mining (TSXV: DCMC) has signed an option agreement to acquire 100% of the Joe Mann gold mine in Quebec. The project is 50 km from the…
Alamos Gold takes stake in Red Pine
Alamos Gold (TSX: AGI; NYSE: AGI) has spent $1.9 million for an 11% stake in Red Pine Exploration (TSXV: RPX) on an undiluted basis and 19.99% on a partially diluted…
Sierra Metals grows resource at Bolivar mine
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) has updated the resource for its Bolivar underground mine in Chihuahua state, Mexico, based on 13,698 metres of infill drilling and 41,553 metres of…
Editorial: Top stories of 2019
The mining industry had its share of tragedy this year starting in January with the murder of Canadian geologist Kirk Woodman in Burkina Faso and Vale’s tailings dam disaster in…
BC, Yukon and NWT Snapshot: Eight players advancing assets in attractive jurisdictions
The natural endowment of British Columbia, the Yukon and Northwest Territories continues to drive mineral exploration and development. Here is a sample of eight companies active in the region. American…
TSX Venture rises, Dec. 23-27: Aurania, New Pacific, Advance Gold, Hannan
The S&P/TSX Venture Composite Index climbed 2.69% to 563.58 and spot gold rose to US$1,510.80 per oz. — a US$32.40 per oz. (2.19%) gain. Shares of Aurania Resources were up…
US markets post gains, Dec. 23-27: Vale, Hecla
The S&P 500 Index rose 0.58% to 3,240.02, making 2019 the best year for stocks on the S&P 500 since 1997. The Dow Jones Industrial Average gained 0.67% to 28,645.26…
TSX moves higher, Dec. 23-27: Kirkland Lake, Endeavour Mining, Kinross, Yamana
The S&P/TSX Composite Index rose 0.29% to finish at 17,168.20. The S&P/TSX Global Mining Index jumped 3.18% to 82.52, and the S&P/TSX Global Base Metals Index gained 1.03% to 110.16….