Torex ends work contracts at ELG mine in Guerrero
Torex Gold Resources (TSX: TXG) has suspended the employment contracts for its workforce in Mexico in response to an illegal blockade at its El Limon-Guajes (ELG) gold mine, 180 km…
Gold
First Quantum options Northern Dynasty’s Pebble
VANCOUVER — First Quantum Minerals (TSX: FM; US-OTC: FQVLF) is the latest large mining company to place a bet on Northern Dynasty Minerals’ (TSX: NDM; NYSE-AM: NAK) controversial, wholly owned Pebble…
Rubicon wraps up 2017 exploration program at Phoenix
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) drilled 28,500 metres at its Phoenix gold project in Red Lake in 2017. Highlights from the most recent batch of assay results include a…
US markets post gains, Dec. 11-15
Gold closed at US$1,255.10 per oz., up US$6.90 per oz. on the week. The Philadelphia Gold and Silver Index rose 4.1% to 80.23 and the Dow Jones Industrial Average rose…
Sibanye tables US$383M bid for Lonmin
VANCOUVER — South Africa’s Sibanye-Stillwater (NYSE: SBGL) has launched a US$383-million, all-share bid for debt-heavy peer Lonmin (LON: LMI; US-OTC: LNMIY). If the deal closes, it would be Sibanye’s fourth…
More exploration needed, MinEx’s Schodde says
VANCOUVER — A looming decline in production from Australia’s gold mining industry could be a wake-up call for explorers worldwide, MinEx Consulting managing director Richard Schodde says. The industry soothsayer…
Eastmain advances in James Bay
Goldcorp (TSX: G; NYSE: GG) put the underexplored James Bay gold district of northern Quebec on the map as a highly prospective new gold camp in 2014, when it poured…
ICMM’s Butler: Mining an ‘agent of change when it comes to alleviating poverty’
VANCOUVER — On Dec. 6, The Northern Miner sat down for an interview with Tom Butler, CEO of the U.K.-based International Council of Mining and Metals (ICMM), to discuss climate change…
Orefinders assembles western Abitibi land package
Orefinders Resources (TSXV: ORX) is scooping up gold properties in Ontario’s Shining Tree district, near Lake Abitibi. The company will acquire three contiguous properties from three different landholders, bringing its…
Japan Gold drills Ikutahara in Hokkaido
Japan Gold (TSXV: JG; US-OTC: JGLDF) has become the first foreign company to be granted prospecting rights and a drilling permit by Japan’s Ministry of Economy, Trade and Industry for…
Renaud Adams invests in Radisson Mining
Veteran miner Renaud Adams, who recently sold Richmont Mines to Alamos Gold (TSX: AGI; NYSE: AGI) in a deal valued at about US$770 million, is investing in Radisson Mining Resources…
Editorial: Bitcoin starts to eat gold’s lunch
Gold investors, miners and explorers have for the most part spent the last few years scoffing at the global cryptocurrency revolution led by Bitcoin and others, with a certain smug…