Fremont sells Gold Canyon interest to McEwen
Fremont Gold (TSXV: FRE) has signed an agreement to sell its rights and interest in the Gold Canyon gold project in Nevada to McEwen Mining (TSX: MUX) in exchange for…
Gold
‘As goes mining, so goes the Yukon’: Government and corporate leaders on territory’s potential
With 11 of 13 First Nations reaching settlements on land claims and a new gold mine set to ramp up production, Yukon was the focus of discussion during the Territorial…
Armenian gov’t clears path for Lydian despite environmental concerns
Lydian International’s (TSX: LYD) Amulsar gold project in Armenia may have to go through a new environmental review — the fourth in the past year — after the country’s prime…
Kinross picks up Chulbatkan in US$283M deal
Kinross Gold (TSX: K; NYSE: KGC) is leveraging its expertise as a cold-climate, heap-leach operator with a 24-year operating history in Russia by acquiring N-Mining’s Chulbatkan project in Russia’s Far…
Rockridge reports first resource for Knife Lake in Saskatchewan
Rockridge Resources (TSX-V: ROCK) has completed the first resource estimate for its flagship Knife Lake project in Saskatchewan. The project has an indicated resource of 3.8 million tonnes grading 0.83%…
Top 10 US-based miners
The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization. 1. Newmont Goldcorp Market cap: US$31.8 billion Newmont Goldcorp (NYSE: NEM) is a leading gold and copper producer…
Ecuador’s pro-mining stance tests country’s resolve
More than a decade since Ecuador opened its doors to mining, the Andean country is beginning to see the results. In July, production began at the country’s first large-scale mining…
TSX rises, Aug. 5-9: Wheaton; First Majestic; Pan American; Asanko Gold
The S&P/TSX Composite Index posted a 0.43% gain to 16,341.30. Spot gold finished the trading week at US$1496.20 per oz., up US$56.20 per oz., or 3.9%. The S&P/TSX Global Gold…
TSX Venture down, Aug. 5-9: SilverCrest; Chesapeake Gold; Garibaldi Resources; Barksdale Capital
The S&P/TSX Venture Composite Index fell 0.49% to 592.82 during the trading week. SilverCrest Metals recorded the biggest value gain, rising $1.08, or 15.3%, to $8.16 per share. The company…
Northern Dynasty seeks EIS, permitting for Pebble after ‘milestone’ EPA decision
The U.S. Environmental Protection Agency (EPA)’s decision to remove proposed restrictions on mining operations in Alaska’s Bristol Bay is being called a “massive de-risking event” for Northern Dynasty Minerals’ (TSX:…
Avesoro suspends operations at Youga mine after security breach
Avesoro Resources (TSX: ASO) has temporarily suspended operations at its Youga gold mine in Burkina Faso and moved all staff to the capital Ouagadougou as a precautionary measure, after a…
Top 10 Canada-based companies with substantial US assets
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the land. The Northern Miner presents its top-10 list of the biggest Canada-based firms with…