Editorial: C-suite departures hit Barrick, Teck, Lundin
The sudden and unexpected departure in late July of Barrick Gold president Kelvin Dushnisky — and more tellingly, the lack of a named replacement and the unusual vacancy in Barrick’s…
2018
Copper Mountain positioned for growth at flagship mine in BC
Copper Mountain Mining (TSX: CMMC; US-OTC: CPPMF) is wrapping up the second phase of a three-part exploration program at its New Ingerbelle copper property, 1 km west of its Copper…
Austral Gold sees mixed quarter in South America
Sydney, Australia-based Austral Gold (TSXV: AGLD; ASX: AGD) is reporting mixed results in quarterly production from its two precious metals mining complexes: the small Casposo gold-silver mine in Argentina; and…
McEwen increases gold production in Q2
McEwen Mining (TSX: MUX; NYSE: MUX) has reported strong second quarter financial and production results, largely building on last year’s results. The company produced 36,959 oz. gold in the second…
TSX slips as gold stumbles, July 23-27
Canada’s benchmark index fell 0.25% to 16,393.95. The S&P/TSX Global Mining Index rose 0.98% to 72.68, while the S&P/TSX Global Gold Index fell 3.58% to 182.08. The gold price fell…
Commentary: The graphite opportunity within the EV boom
One cannot open the paper or go online these days without seeing articles about the rosy future for electric vehicles (EVs) and grid storage, and the resultant growth in lithium…
Orford buys Condor Precious Metals, bags $1.3 million
Toronto-based gold junior Orford Mining (TSX-V: ORM) has completed its acquisition of privately held Condor Precious Metals Inc., which holds $1.25 million in cash and marketable securities plus two royalties…
Tanzania Royalty updates PFS after government-forced review
Tanzanian Royalty Exploration (TSX: TNX; NYSE: TRX) has tabled an updated pre-feasibility study (PFS) for its Buckreef gold project in Tanzania with a reserve estimate. It replaces last year’s PFS,…
BHP exits US shale business with US$10.5B sale to BP
In a deal with deep implications for both seller and buyer, the world’s largest mining company BHP Billiton (NYSE: BHP) has sold the bulk of its onshore U.S. oil and gas…
Yamana set to exceed 2018 gold production guidance
Yamana Gold (TSX: YRI; NYSE: AUY) expects to exceed its previous 2018 production guidance of 900,000 oz. gold after achieving higher than expected production at its Chapada, Canadian Malartic, Jacobina…
Renewable energy to drive copper demand, BMO says
Renewable energy will drive demand growth for copper over the coming years, according to a recent study by BMO Capital Markets. “The need to connect significant numbers of small-scale, electricity-generation…
Condor Gold eyes resolution to slow permitting in Nicaragua
After a nearly two-year delay, Condor Gold (TSX: COG; US-OTC: CNDGF; LON: CNR) is confident the Nicaraguan government will soon issue the company an environmental permit to build and operate…