Revving up Greenland’s mineral production will take time
The MV Happy Dragon had just sailed into safe harbour at Charleston, S.C., when Hurricane Dorian forced the vessel back out to sea to await better weather. The cargo ship…
Gold
Osisko drills for Windfall’s ‘roots’
Discoveries earlier this year at the Windfall gold project in Quebec drove Osisko Mining (TSX: OSK) in July to boost its drill program by 200,000 metres, bringing the total for…
Crystal Lake adds Rob McEwen as strategic investor
Crystal Lake Mining (TSXV: CLM; US-OTC: SIOCF) has completed the first tranche of a $1.5-million private placement, raising $1.4 million through issuing 4.8 million units at 30¢ apiece. Rob McEwen, chairman and chief…
Teranga’s Wahgnion mine processes ore ahead of schedule
Teranga Gold’s (TSX: TGZ; US-OTC: TGCDF) Wahgnion open-pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to…
Liberty Gold defines second high-grade zone at Black Pine
New drill results from Liberty Gold (TSX: LGD; US-OTC: LGDTF) have defined a second, high-grade zone of oxide gold mineralization at the company’s Black Pine project in Idaho. The mineralization was encountered…
Facts ‘n’ figures: First-half gold demand jumps on central bank, ETF buying
The following is an edited summary from the World Gold Council, based on its “Gold Demand Trends Q2 2019” report. To access the report, visit www.gold.org. Global gold demand grew…
Site visit: Continental stays on track at Buritica
BURITICA, COLOMBIA — It has been one year since The Northern Miner last toured the Buritica gold project, and the interim has been a critical period for Continental Gold (TSX:…
Margaux releases maiden resource for Taurus deposit in BC
Margaux Resources (TSXV: MRL; US:OTC: MARFF) released a maiden resource estimate for the Taurus deposit on its Cassiar gold project in British Columbia. Taurus contains inferred resources of 21.8 million…
US markets rise, Sept. 3-6: Teck, Seabridge, Newmont Goldcorp
The Dow Jones Industrial Average rose 1.49% to 26,797.46, and the S&P 500 Index gained 1.79% to 2,978.71. Spot gold fell US$13.10 per oz. to finish at US$1,506.50 per oz….
Treasury’s Goliath project gets environmental approval
The Canadian Environmental Assessment Agency has given Treasury Metals (TSX: TML; US-OTC: TSRMF) the green light to develop its wholly owned Goliath gold project, 20 km east of Dryden in…
McEwen Mining bulks up Black Fox complex
Two years ago, McEwen Mining (TSX: MUX; NYSE: MUX) purchased the Black Fox mine complex in northeastern Ontario for US$35 million. The complex — 70 km from Timmins and 9…
Metals Commentary: Economic uncertainty drives gold prices higher
The gold industry feels optimistic for the first time in years, as the price of the precious metal steadily rises amid fears of a global economic downturn. Gold miners, in…