Nevsun rejects $1.5B Euro Sun, Lundin Mining proposal
Nevsun Resources (TSX: NSU; NYSE-AM: NSU) is rejecting an unsolicited proposal by Euro Sun Mining (TSX: ESM) and Lundin Mining (TSX: LUN) that it says lacks adequate value and has…
Gold
TSX Venture continues slow slide, April 30-May 4
The S&P/TSX Venture Composite Index fell 1.47% to end the trading week at 772.24. The index has been on a three-week slide since mid-April, when it traded briefly above 800…
US equities dip slightly, April 30-May 4
Uncertainty about the future of the central bank’s monetary policy and concern about a U.S.-China trade war kept a lid on U.S. equities. The Dow Jones Industrial Average fell 48.68…
TSX rises slightly, April 30-May 4
Canada’s benchmark index rose 0.38% to 15,729.4, with little movement in Canadian markets. The S&P/TSX Global Mining Index rose 1.62% to 73.18, while the S&P/TSX Global Gold Index fell 0.13%…
The Northern Miner Podcast – episode 103: Kelvin Dushnisky on Peter Munk’s legacy and Barrick’s future
Barrick Gold president Kelvin Dushnisky is recorded live at the Canadian Mining Symposium at Canada House in London as he accepts a Lifetime Achievement Award on behalf of Barrick founder…
Discovery Metals samples historic Zaragosa mine
Discovery Metals (TSXV: DSV) has fielded results for 100 new channel samples taken from the historic Zaragoza zinc-silver-lead mine on its 300 sq. km Puerto Rico polymetallic property in northern…
Harte Gold approaches commercial production
Harte Gold (TSX: HRT; US-OTC: HRTFF) is fully funded to finish building its Sugar Zone mine project in northern Ontario — 80 km east of the Hemlo gold camp —…
Lithium Chile spins out base metals
Although Lithium Chile (TSXV: LITH) has been a lithium-focused company since 2015, that wasn’t always the case. It went public in 2011 under the name Kairos Capital, and did so…
Centerra rebuffs Chaarat’s $800M offer for Kumtor mine
Before Chaarat Gold (LON: CGH) launched an US$800-million, cash-and-share proposal to acquire Centerra Gold’s (TSX: CG) Kumtor mine in Kyrgyzstan, very few North Americans had even heard of the junior…
Rubicon adds to resource at Phoenix in Red Lake
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has boosted the measured and indicated resource by 113% and the inferred resource by 80% at its Phoenix gold project in Red Lake, Ont.,…
TNM Video: Ross Beaty on the difficulty in valuing a mine at CMS 2018
In this clip, iconic mining entrepreneur Ross Beaty, chairman of Pan American Silver and Equinox Gold, discusses the complexities of valuing a mine in a fireside chat with CopperBank Resources…
Troubles keep dogging Tahoe in Guatemala, Peru
Toronto-listed shares of Tahoe Resources (TSX: THO; NYSE: TAHO) are worth half of what they were a year ago, and the company is facing challenges at assets in Central and…