Eldorado exits China with US$900-million in asset sales
VANCOUVER — It took two years, but mid-tier gold miner Eldorado Gold (TSX: ELD; NYSE: EGO) is finally divesting all of its development and production assets in China with the…
Gold
US markets end in the red, May 9-13
Concern about domestic and global growth sent the Dow Jones Industrial Average and the S&P 500 Index into the red for the third straight week. The Dow fell 1.12% to…
TSX ekes out slim gain, May 9-13
The ferocious wildfires in Alberta’s oil patch around Fort McMurray knocked an estimated 1 million barrels a day offline, prompting many economists to lower their 2016 gross domestic product growth…
Goldcorp offers $520M for Kaminak
Goldcorp (TSX: G; NYSE: GG) has offered to buy Kaminak Gold (TSXV: KAM) in a $520-million, all-share deal to get its hands on the junior’s high-grade Coffee gold project in…
Erdene’s Bayan Khundii gold discovery in Mongolia
VANCOUVER — Erdene Resource Development’s (TSX: ERD; US-OTC: ERDCF) presence in Mongolia dates back to the late 1990s, and it has experienced the good and bad of the oft-volatile country. The…
Veteran miner Kerry Knoll bets on moly renaissance
Since leaving his job as a journalist at The Northern Miner in 1987, Kerry Knoll has co-founded four companies and built four mines with his business partner Ian McDonald. Their…
Falco outlines $905M gold mine in Horne PEA
VANCOUVER — Falco Resources (TSXV: FPC; US-OTC: FPRGF) hopes to have the historic Horne gold complex in Quebec back in production by 2020. On May 9, the company released a preliminary…
Netolitzky’s Skeena raises expectations for Spectrum
VANCOUVER – Skeena Resources’ (TSXV: SKE; US-OTC: SKREF) first resource for its Spectrum gold project, 37 km west of Imperial Metals’ (TSX: III; US-OTC: IPMLF) Red Chris mine in northwest…
Drilling pays off for Richmont at Island Gold
Richmont Mines (TSX: RIC; NYSE-MKT: RIC) shares got a boost after exploration drilling confirmed the Island Gold mine near Wawa, Ont., continues to grow in size. The 77.7 sq. km property…
Wall Street slips, May 2–6
U.S. indexes continued in negative territory amid lower oil prices and a weak jobs report. The Dow Jones Industrial Average slipped nearly 0.2% to 17,740.63, while the S&P 500 Index…
TSX ends in the red, May 2–6
The Toronto stock market declined during the first week of May on the back of lower commodity prices and weak economic data. Statistics Canada reported the economy lost 2,100 jobs…
The Northern Miner podcast – episode 11: Special guest Trish Saywell on Argentina
Join Matt and very special guest Trish Saywell as they discuss the political and investment climate in Argentina. Trish is our Senior Staff Writer from Toronto who recently visited the…