Cove makes the grade for Premier
It may have made its name on its Hardrock gold project in Ontario but Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is bolstering its project pipeline in Nevada.
Newmont Mining Corporation
Newmont sells Jundee mine in Australia to Northern Star
VANCOUVER — It’s no secret that Newmont Mining (NYSE: NEM) is looking to monetize its non-core assets, and that process has taken another step with the all-cash sale of the company’s Jundee underground gold mine, 45 km…
Barrick’s Peter Munk defends successor John Thornton
During his farewell speech to shareholders at the company’s annual meeting on April 30, Barrick Gold’s (TSX: ABX; NYSE: ABX) founder and departing chairman Peter Munk said John Thornton is the “right guy” to…
Digging for diamonds
A roundup of the latest news from Canadian-listed diamond explorers, developers and miners. Afri-Can Marine Minerals Afri-Can Marine Minerals (TSXV: AFA) reported in January the results of a positive prefeasibility study…
U.S. equities down, April 21-25
The crisis in Ukraine, where five pro-Moscow rebels were killed on April 24, weighed on U.S. stocks during the trading week. The Dow Jones Industrial Average dropped 0.29% to 16,361.46, while the S&P 500 Index remained more or less…
Editorial: Barrick-Newmont fling ends in acrimony
It’s gotta rank right up with the worst “first dates” in recent mining history: the proposed merger between gold titans Barrick Gold and Newmont Mining broke off a week after it was made public through media reports in April, and then…
U.S. markets make up for previous losses, April 14-17
U.S. markets bounced back over the holiday shortened period after two straight periods of giving up ground. A modest surprise to the upside in China’s growth domestic product drove gains for the Dow Jones Industrial Average, which…
Analysts like gold-focused royalty firms
Royalty and streaming companies make good investments, argue Raymond James analysts Alex Terentiew and Ross Yakovlev in a recent note.
Pilot, Nevada Sunrise jump on strong drill results
Shares in Pilot Gold (TSX: PLG; US-OTC: PLGTF) and Nevada Sunrise Gold (TSXV: NEV; US-OTC: NVSGF) got a welcome boost after solid drill results on their jointly held Kinsley Mountain gold project in Elko County, Nevada.
U.S. equities slip, Feb. 17-21
Economic indicators in the U.S. were mixed, with the dollar falling at the start of the week to its lowest level since January and data mid-week showing housing starts in January posted their largest drop in three years, while U.S. factory…
Correction
The story “Newmont sees rough road this year” (T.N.M., Feb. 10–16/14) incorrectly reported Newmont Mining’s 2014 production guidance as 4.4 to 4.8 million oz. gold. Newmont’s attributable production guidance for…
Pilot Gold uncovers porphyry potential at TV Tower
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.