Kirkland Lake, Newmarket unveil $1B merger
VANCOUVER — Ontario-based Kirkland Lake Gold (TSX: KLG; US-OTC: KGILF) has reached across the globe in a bid to become the next intermediate gold producer. On Sept. 29, the company unveiled…
Gold
Companies need to take a ‘granular’ view of Mexico
A report by the Eurasia Group says the government of Mexico will remain ineffective in its fight against crime. The political risk analysis and consulting group notes that homicides in…
Endeavour in a whirlwind of activity at its West African mines
VANCOUVER — It’s been a transformational year for Endeavour Mining (TSX: EDV), ever since La Mancha Holding Sarl — a private investment firm co-controlled by Egyptian billionaire Naguib Sawiris —…
Upside ‘very much alive’ at Kwanika in BC, Serengeti says
VANCOUVER — The latest drill results from Serengeti Resources’ (TSXV: SIR) Kwanika copper-gold project, 250 km east of Smithers, may have triggered a 35% drop in the company’s share price,…
OceanaGold, B2Gold scramble as Philippines gov’t may suspend 20 more mines
VANCOUVER — The sociopolitical situation in the Philippines is volatile for miners in the wake of a national mining audit by President Rodrigo Duterte’s newly elected administration. On Sept. 27, Environment…
Editorial: Gold miners find room to breathe
With gold prices holding steady for months above US$1,300 per oz., and years of painful cost-cutting and writedowns now firmly in the past, the mood of gold miners in attendance…
The geology behind Quebec’s world-class metal districts
For more than a few Quebecers, walking amongst some of the earth’s oldest rocks is an everyday occurrence. Almost 90% of the bedrock in the province belongs to the Canadian…
The Northern Miner podcast – episode 31: The Geology Corner and junior stocks
Matt and Lesley are back in studio to unveil a new feature on the podcast: Lesley’s geology corner! Today we discuss Endeavour Mining‘s (TSX: EDV) Ity gold mine in Côte…
Wall Street rises, Sept. 19–23
U.S. equities gained momentum as the U.S. Federal Reserve maintained interest rates, fuelling higher commodity prices. The Dow Jones Industrial Average moved up 0.8% to 18,262.45 and the S&P 500…
TSX gains on US Federal Reserve decision, Sept. 19-23
The U.S. Federal Reserve’s decision to hold interest rates steady sent Canada’s benchmark index up 1.7% to 14,697.93 and the gold price up 2.1% to US$1,337.10 per ounce. The S&P/TSX…
Falco eyes high-tech mining at Horne 5 in Rouyn-Noranda
VANCOUVER — Falco Resources (TSXV: FPC; US-OTC: FPRGF) says new mining technology and methods could boost efficiency at its large Horne 5 gold-silver-copper-zinc deposit in Rouyn-Noranda, Quebec. The $905-million operation would…
Osisko calls Windfall a ‘company maker’
BEAVER CREEK, COLORADO — Osisko Mining (TSX: OSK) says it will hang “for sale” signs on most of its properties — except for its wholly owned Windfall project in Quebec,…