Lucara sells Lesedi La Rona diamond for US$53M
Lucara Diamond (TSX: LUC) has sold the 1,109-carat Lesedi La Rona stone recovered from its Karowe mine for US$53 million, or US$47,777 per carat. The sale, made to British jeweller…
2017
TSX posts marginal decline, Nov. 13-17
The S&P/TSX Composite Index fell 0.25% to finish the trading week at 15,998.57, while the gold price climbed US$18.50 per oz., or 1.45%, to US$1,293.40 per ounce. Shares of Endeavour…
TSX Venture rises, Nov. 13-17
The S&P/TSX Venture Composite Index gained 2.87 points to a 799.35-point close, as spot gold prices gained US$17.35 to US$1,292.42 per oz., and Comex copper prices edged up US1¢ to…
Contact Gold explores upside at Pony Creek
VANCOUVER — Expect to hear a lot more about Contact Gold (TSXV: C), president and CEO Matthew Lennox-King says. The new junior explorer is more than halfway through an 8,000-metre…
Gold Standard Ventures finds new zone at North Bullion in Nevada
Gold Standard Ventures (TSX: GSV; NYSE-AM: GSV) is spending US$15.5 million this year on a 48,800-metre program of core and reverse-circulation drill holes at its Railroad-Pinion gold project in Nevada’s…
Columbus Gold plans spin-out of US projects
VANCOUVER — Columbus Gold (TSX: CGT; US-OTC: CBGDF) hopes to unlock unrecognized value within its extensive portfolio of U.S. precious metal prospects. The company recently announced dates for the pending…
Titan to restart Empire State mine
VANCOUVER — Titan Mining (TSX: TI) is fully funded to restart operations at the long-standing Empire State zinc project in upstate New York. On Nov. 6, the company finalized a $52-million…
Aben’s Forrest Kerr shows promise
VANCOUVER — It’s been a roller-coaster ride for Aben Resources (TSXV: ABN; US-OTC: ABNAF), a junior explorer on the hunt for high-grade gold at its Forrest Kerr project in northwestern…
Kerr Mines to make production decision on Copperstone next year
When two successful businessmen — one from Saudi Arabia and the other from Canada — amass 35% of a junior company’s common shares and dip into their own pockets to…
MLA Steven Fletcher: Don’t create national park on Thompson Nickel Belt extension
The following is an edited transcript of Steven Fletcher — Independent Member of the Legislative Assembly of Manitoba for Assiniboia and a Conservative Member of the Canadian Parliament from 2004–15…
SSR eyes Seabee expansion, sees two killed at Marigold
VANCOUVER — SSR Mining (TSX: SSRM; NASDAQ: SSRM), formerly Silver Standard Resources, is planning a US$90-million expansion of its Seabee underground gold mine in northern Saskatchewan that would boost production, cut…
Nominations open for YMP’s 2018 Peter Munk and Eira Thomas awards
The Young Mining Professionals (YMP) association in partnership with The Northern Miner will be hosting the second annual YMP Awards on March 3, 2018, at Toronto’s Shangri-La Hotel during the opening weekend…