Centerra unveils US$1.1B bid for Thompson Creek
VANCOUVER — Centerra Gold (TSX: CG; US-OTC: CAGDF) has been shopping for gold assets in Canada, and on July 5 the company found a fit in debt-heavy Thompson Creek Metals (TSX: TCM; US-OTC: TCPTF)…
Gold
Indonesian sale nets Newmont US$1.3B
VANCOUVER — Newmont Mining (NYSE: NEM) indicated earlier this year that it was in talks to divest its Indonesian business unit to a consortium of local investors, and on June 30 it…
TSX climbs, June 27–30
Canadian equities finished in positive territory ahead of the Canada Day long weekend, helped by positive economic data and higher commodity prices. Statistics Canada reported the economy grew 0.1% in…
The Northern Miner podcast – episode 19: Brexit fallout, pipelines and retirement
Lesley and Matt reflect on Brexit and the recent run in gold prices before discussing Newmont Mining‘s (NYSE: NEM) Batu Hijau sale, Imperial Metals (TSX: III) getting the greenlight to…
Pershing pens positive economics at Relief Canyon
Pershing Gold (NASDAQ: PGLC) has published a positive preliminary economic assessment (PEA) on the past-producing Relief Canyon heap-leach gold mine near Reno, Nev., showing it could produce 88,500 oz. gold annually…
Imperial Metals to resume Mount Polley operations
VANCOUVER — The B.C. Ministry of Energy and Mines has given Imperial Metals (TSX: III; US-OTC: IPMLF) permission to resume full production at its Mount Polley copper-gold mine, 56 km…
Adamera CEO touts stronger capital markets for gold juniors
VANCOUVER — Adamera Minerals’ (TSXV: ADZ; US-OTC: DDNFF) president and CEO Mark Kolebaba tells a story about his junior gold company over the past two years that is familiar to many…
Kincora eyes massive land position in Mongolia’s South Gobi
VANCOUVER — Kincora Copper (TSXV: KCC; US-OTC: BZDLF) hopes that a renewed sense of political stability in Mongolia will reinvigorate investor interest, and it is doubling down on the country…
Editorial: Brexit vote stokes gold rally
With all the political turmoil surrounding the United Kingdom’s surprise, non-binding vote in a June 23 referendum to leave the European Union, the world has certainly learned a few lessons….
TSX mixed after Brexit, June 20–24
Canada’s main stock index lost most of its early gains in the week due to the Brexit vote that increased global uncertainty, sending investors flocking to safe havens like gold….
Wall Street tumbles on Brexit, June 20–24
U.S. equities sank after Britain’s surprise decision to leave the European Union. The main U.S. indices all lost more than 3% on June 24, erasing year-to-date gains for the S&P…
The Northern Miner podcast – episode 18: Brexit, AME BC and First Nations, and pranks!
Lesley and Matt talk the Brexit vote (which Matt incorrectly predicts), a big-time policy statement from the AME BC about unauthorized payment demands by First Nations in B.C., Centerra Gold’s (TSX:…