Glencore expands and extends share buy-back program
Glencore (LON: GLEN) is increasing its share buy-back program by up to an additional US$1 billion. The commodities giant has already purchased 230.2 million of its own shares valued at…
2018
First Cobalt tables initial resource at Iron Creek in Idaho
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has tabled its first resource estimate for its 100%-owned Iron Creek cobalt project in Idaho. The project contains 29.6 million tonnes grading 0.08% cobalt…
Editorial: Barrick-Randgold merger full of promise and possible pitfalls
The merger between Barrick Gold and Randgold Resources announced Sept. 25 is the most fascinating development in the gold-mining sector since 2006, when Barrick Gold took over rival Placer Dome…
TSX Venture inches higher, Sept. 17-21
The S&P/TSX Venture Composite Index rose 0.66% to 719.91. Shares of White Gold rose 65% to $1.07. The company released strong drill assays from the Vertigo target on its JP…
US markets up, Sept. 17-21
The Dow Jones Industrial Average jumped 2.25% to 26,743.50 and the S&P 500 Index rose 0.85% to 2,929.67. New York spot gold increased 0.47% to US$1,198.70 per oz. gold. Rio…
Barrick, Randgold to forge world’s biggest gold miner
In one of the biggest and most surprising deals the gold industry has seen in more than a decade, Barrick Gold (TSX: ABX; NYSE: ABX) is combining with Randgold Resources (LON: RRS; NASDAQ: GOLD)…
92 Resources finds lithium pegmatites at Corvette
Four new spodumene-bearing pegmatites have been unearthed by 92 Resources (TSXV: NTY; US-OTC: RGDCF) on its 100% owned Corvette lithium property in the James Bay region of Quebec. It has…
TSX posts solid gains, Sept. 17-21
Canada’s benchmark index rose 1.31% to 16,224.13 during an improved trading week. The S&P/TSX Global Mining Index rose 5.4% to 66.73 and the S&P/TSX Global Gold Index rose 2.7% to…
Barrick and Randgold to merge in US$18B deal
Barrick Gold (TSX: ABX; NYSE: ABX) and Randgold Resources (LON: RRS; NASDAQ: GOLD) have agreed to a share-for-share merger to create the New Barrick Group in a deal valued at…
Harte Gold receives final permit for Sugar Zone mine
It has taken at least five years of permitting, but Harte Gold (TSX: HRT; US-OTC: HRTFF) has cleared its last regulatory hurdle, and can now flip the switch and put…
New Gold sells Mesquite to Equinox
Renaud Adams hasn’t wasted any time settling into his new job at New Gold (TSX: NGD; NYSE-AM: NGD). A week after taking the helm as president and CEO of the…
Three Continental Gold geologists killed in Colombia
Three exploration geologists working on Continental Gold’s (TSX: CNL; US-OTC: CGOOF) Berlin project in Colombia were killed during an attack on their residence in the middle of the night. The…