US Markets mixed, Nov. 12-16
Gold rose 0.9% to close the trading week at US$1,221.10. The Philadelphia Gold and Silver Index rose 2.9% to 66.08, while the Dow Jones Industrial Average fell 2.2% to 25,413.22….
Gold Fields Limited
Cardinal Resources delineates 4.2M oz. gold at Namdini in Ghana
Archie Koimtsidis, cofounder and CEO of Cardinal Resources (TSX: CDV; ASX: CDV), is confident that the company’s Namdini gold deposit will become the first big gold mine ever built in…
Site visit: Sam Coetzer breathes new life into Golden Star
PRESTEA, GHANA — Sam Coetzer was senior vice-president of Kinross Gold’s (TSX: K; NYSE: KGC) South American operations when he got a call in 2011 from Christopher Thompson, chairman of the board…
Pretium raises Brucejack’s capital costs, accelerates commissioning
Pretium Resources (TSX: PVG; NYSE: PVG) has upped the estimate of the amount of money it will need to finish building its Brucejack mine in northwestern British Columbia. Capital costs…
TNM Data Miner: Largest global gold reserves in 2016
The Northern Miner put together the largest global gold reserves at operating mines in 2016, using the Intelligence Mine database from sister company Infomine. The list excludes combined reserves at…
UBC, Terra CO2 team up for US$7.5M tailings research prize
VANCOUVER — Lee Groat, a mineralogist and professor from the University of British Columbia, may have just cracked one of mining’s biggest environmental problems — acid rock drainage (ARD) —…
US markets move higher, Nov. 14-18
Expectations that U.S. president-elect Donald Trump would stimulate the economy through infrastructure spending lifted Wall Street. The Dow Jones Industrial Average rose 0.1%, or 20.27 points, to 18,867.93, and the…
Kinross expands its reach in the Abitibi
The Cadillac-Larder Lake break in Canada’s well-known Abitibi greenstone belt has produced more than 100 million oz. gold from mines such as Lakeshore, Macassa, Kerr-Addison, Doyon, Bousquet, LaRonde, East-Malartic, Kiena…
Open innovation takes root
Mining companies and organizations are increasingly going outside of the industry and using open innovation platforms to find solutions to their challenges.
Woodjam property reverts to Cons. Woodjam Copper
VANCOUVER — It’s been a journey of discovery and growth for partners Consolidated Woodjam Copper (TSXV: WCC) and Gold Fields (NYSE: GFI) at their Woodjam copper-gold-molybdenum porphyry deposit, 45 km east of Williams Lake, B.C.,…
US stocks fall, Aug.17-21
U.S. equities tumbled as investors took in new data signaling a slowdown in China and a report that showed an unexpected rise in U.S. crude stockpiles, fuelling concerns of a global oil surplus. The S&P 500 Index and the Dow Jones…
US markets edge higher, Aug. 10-14
A mixture of indicators puzzled investors in U.S. equities, as positive economic data suggested the Federal Reserve would raise interest rates in September, while China’s devaluation seemed to lessen the odds that the U.S. central bank…