US markets slip, May 10-14
The Dow Jones Industrial Average slipped 1.14% to finish the week at 34,382.13 and the S&P 500 fell 1.39% to 4,173.85. Spot gold increased by US$13.20 per oz., or 0.72%, to…
Zinc
Starr Peak reports results from first drilling campaign on NewMetal
Starr Peak Mining (TSXV: STE; US-OTC: STRPF) has reported initial assays from its first drill program on its NewMetal property in Quebec’s Abitibi greenstone belt, immediately adjacent to the town of…
TSX slightly up, April 26-30
The S&P/TSX Composite Index rose 0.03% to 19,108.33 during the April 26-30 trading week. The S&P/TSX Global Mining Index slipped 3.78% to 106.88, and the S&P/TSX Global Base Metals Index…
Callinex intersects high-grade copper at Rainbow deposit
A step-out drill hole at Callinex Mines’ (TSXV: CNX; US-OTC: CLLXF) Rainbow deposit in Manitoba returned 7.55 metres grading 4.13% copper, 0.64 gram gold per tonne, 11.08 grams silver per…
Election result in Greenland could jeopardize Kvanefjeld project
A snap election on April 6 focused on mining, fishing and the environment, saw Greenland’s Inuit Ataqatigiit (Community of the People party) secure 37% of the votes, giving it 12…
US markets mixed, March 29-April 1
The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per oz., or 0.17%, to US$1,730.30…
TSX posts modest dip, Feb. 15-19
The S&P/TSX Composite Index fell 75.93 points (0.41%) to finish the Feb. 15-19 trading week at 18,384.27. The Global Base Metals Index rose 10.2% to 169.75 and the Global Mining…
U.S. markets mixed, Feb. 15-19
The Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the…
TSX Venture rises, Feb. 15-19
The S&P/TSX Venture Composite Index climbed 2.92% to finish the Feb. 15-19 trading week at 1,067.44. Spot gold fell US$39.70 per oz. (2.2%) to finish the trading week at US$1,784.60…
US Geological Survey reports 2020 mine production in the US
Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey’s Mineral Commodity Summaries report. The figure was about US$1.5…
Outlook for base metals remains strong, analysts say
Haywood Securities is raising its price forecasts for copper this year from US$3.00 per lb. to US$3.50 per lb.; for zinc from US$1.10 per lb. to US$1.25 per lb.; and…
Permit for Aquila Resources’ Back Forty mine denied
A U.S. judge from Michigan has reversed a decision by state regulators allowing Aquila Resources’ (TSX: AQA; US-OTC: AQARF) proposed gold, zinc and copper mine to go ahead. The ruling…