Troilus Gold boosts resource in Quebec
Single-asset company Troilus Gold (TSX: TLG; US-OTC: CHXMF) has updated the resource estimate for its wholly owned Troilus gold project, 170 km north of Chibougamau, Quebec. Indicated resources for the…
First Quantum Minerals
Japan Gold drills Ohra–Takamine project
Japan closed all 76 of its gold mines during World War II, and reallocated personnel to base metal mines and factories. After the war, it only reopened 12 of the…
Lumina encouraged by results at Cangrejos in Ecuador
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) has tabled a preliminary economic assessment (PEA) for its 63 sq. km Cangrejos gold project in Ecuador’s El Oro province, 30 km southeast of…
TSX unfazed by US sanctions, May 28-June 1
The U.S. federal government’s decision on May 31 to impose steel and aluminum tariffs on Canada, and Prime Minister Justin Trudeau’s response that Canada will impose a range of retaliatory…
First Quantum backs out of disputed Pebble project
A framework agreement with First Quantum Minerals (TSX: FM) to help finance the controversial Pebble copper-gold project in Alaska has fallen apart — sending shares of Northern Dynasty Minerals (TSX:…
TSX inches higher while gold dips, May 14-18
Canada’s benchmark index rose 0.47% to 16,162.31 during a week that saw little movement in Canadian markets. The S&P/TSX Global Mining Index rose 0.12% to 75.25 and the S&P/TSX Global…
TSX falls while gold rises, March 19-23
Canada’s benchmark index moved lower and gold moved higher after the U.S. said it would impose US$50-billion worth of tariffs on Chinese exports, and China retaliated with import taxes on…
Canada’s benchmark index posts slight increase, Feb. 19-23
The S&P/TSX Composite Index rose 1.20% to 15,638.45. The S&P/TSX Global Mining Index fell 0.56% to 72.96. A rising U.S. dollar put pressure on the gold price, which dropped US$18.30…
Hurricane Irma cools US markets, Sept. 5-8
The Dow Jones Industrial Average fell 0.9% to 21,797.8 points and the S&P 500 Index dropped 0.6% to 2,461.43 points, as investors braced for Hurricane Irma’s potential impact on U.S….
Prefontaine hopes to duplicate La India success at Cerro Quema
As president and CEO of Grayd Resource, geologist Marc Prefontaine and his team discovered the La India gold deposit, 200 km east of Hermosillo in Sonora, Mexico, selling it to…
Eloro secures foothold in popular Peruvian gold belt
The North Central Mineral Belt of Peru is well-known for the gold mines that dot its landscape, from South America’s largest gold mine, Yanacocha, owned by Newmont Mining (NYSE: NEM)…
14 of 100 highest paid Canadian CEOs are miners, study says
A study on executive compensation by the Canadian Centre for Policy Alternatives says the 100 highest-paid CEOS working at companies listed on the Toronto Stock Exchange in 2015 earned the…