TSX Venture down with commodities, May 1-5
The S&P/TSX Venture Composite Index shed 25.05 points to a 781.72-point close over the trading week, as spot gold prices plunged US$40.27 to US$1,228.01 per oz., and Comex copper prices…
Gold
NxGold hunts for gold near Meliadine
VANCOUVER — NxGold (TSXV: NXN), a company founded by management of uranium explorer NexGen Energy (TSX: NXE; US-OTC: NXGEF), is preparing to explore for structurally hosted gold mineralization at its Kuulu project,…
TNM Video: Celebrating the GSC’s 175th ft. Steve Irwin
Lesley heads to the Geological Survey of Canada’s (GSC) offices in downtown Vancouver to celebrate Canada’s oldest scientific agency during its 175th anniversary. The GSC is part of the Earth Sciences…
TSX rises despite sagging commodity prices, May 1-5
Despite declining prices for gold and oil, Canada’s benchmark index has finished in positive territory. The S&P/TSX Composite Index rose 0.2% to 15,582.04. The S&P/TSX Global Mining Index, however, lost…
Gold price down, US markets up, May 1-5
The Dow Jones Industrial Average rose 0.32% to 21,006.94 and the S&P 500 climbed 0.63% to 2,399.29. The Philadelphia Gold and Silver Index fell 3.39% to 80.28 as gold prices…
The Northern Miner podcast – episode 58: London Calling & the GSC’s 175th
Matt’s packing his bags and off to London for our inaugural Canadian Mining Symposium on May 9, but not before digging into the mining news/issues of the day and paying…
Riverside, Centerra see promise at Glor in Sonora
VANCOUVER — Prospect generator Riverside Resources (TSXV: RRI) has launched into a 2,000-metre drill campaign with partner Centerra Gold (TSX: CG; US-OTC: CAGDF) at their Glor gold project, 8 km west of…
Columbus Gold, Nordgold complete feasibility study
A bankable feasibility study on the Montagne d’Or deposit in French Guiana envisions an open-pit mining operation that would produce 2.57 million oz. gold over 12 years. Nordgold (LON: NORD),…
The Northern Miner podcast – episode 57: South American copper & Earth’s evolution
We’re back with a rock-solid episode featuring detailed updates on the wide world of international mining. Lesley sits down with Dr. Nicholas Gardiner, a research fellow at Western Australia’s Curtin…
Early Earth too hot for plate tectonics, study says
VANCOUVER — For the past four decades, the theory of plate tectonics has remained a fixture in every geologists understanding of how the earth’s crust glides across the planet and…
TNM Data Miner: Annual trends in global drilling activity
The Northern Miner has tapped the powerful Intelligence Mine database to explore trends in global mineral drilling activity over the past year. The data set covers nearly 60,000 diamond and reverse-circulation…
Sandstorm bids for Mariana
Streaming and royalty firm Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) is buying Mariana Resources (TSX: MRY; LON: MARL) at an 84% premium to get its hands on the high-grade Hot…