Precipitate Gold CEO outlines strategy at Juan de Herrera
VANCOUVER — Explorer Precipitate Gold (TSXV: PRG; US-OTC: PREIF) is ready to get drills turning at its flagship Juan de Herrera gold project in the Dominican Republic, two years after making…
Gold
TSX falls, Oct. 31-Nov. 4
News that Canada’s gross domestic product expanded 0.2% in August after a 0.4% increase in July, and unease about the outcome of the U.S. presidential race, sent the S&P/TSX Composite…
Sandspring drills Sona Hill anomaly near Toroparu
A year ago, Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) “couldn’t beg, buy or steal money,” CEO Richard Munson says, “and there was a period of time when I was lending…
Radisson Mining advances O’Brien gold project in Quebec’s Abitibi
The O’Brien gold mine in the Abitibi region of northwestern Quebec was the richest mine by grade along the Larder Lake-Cadillac Fault between 1926 and 1957, when miners intermittently made…
Richmont offers preview of expanded Island Gold PEA
VANCOUVER — Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is having an impressive year at its flagship Island Gold mine near Wawa, Ont., with highlights including record gold production figures, falling operating…
Commentary: Creating a benchmarking program for precious metals miners
The 2011–2016 metals bear market marked a historic inflection point for the mining industry. With a market capitalization erosion exceeding hundreds of billions of dollars, the focus shifted from maximizing…
Eldorado re-emphasizes internal growth, exploration
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) will likely have $1 billion in total liquidity on its balance sheet at year-end thanks to the proposed sale its Chinese gold mines,…
The Northern Miner podcast – episode 36: Koneline filmmaker Nettie Wild – full interview
This week we have staff writer Lesley Stokes’ full 25-minute conversation with filmmaker Nettie Wild about her award-winning “cinematic celebration of northwestern British Columbia,” KONELĪNE: our land beautiful. The Northern…
TSX Venture drops, Oct. 24-28
The S&P/TSX Venture Composite Index shed 14.76 points, or 1.9%, over the report period to a 775.87-point close despite gains in commodity prices. Spot gold prices rose US$9.01 to US$1,275.47…
TSX dips as oil drops, Oct. 24-28
The S&P/TSX Composite Index lost ground over the week, retreating 1.3% to 14,785.29, as the price of oil weakened. The S&P/TSX Global Mining Index stayed relatively flat at 63.46, while…
US markets post mixed results, Oct. 24-28
Real gross domestic product in the third quarter increased at a 2.9% annual rate, according to an advance estimate by the U.S. Bureau of Economic Analysis. Real GDP in the…
Klondex advances True North mine
In January, Klondex Mines (TSX: KDX; NYSE-MKT: KLDX) negotiated a deal with creditors to buy the Rice Lake gold mine and mill complex near Bisset, Man., for US$32 million. The…