TSX Venture drops, July 9–13
Shares of Argentum Silver rose 10¢ to 25¢ after the company struck an option to acquire 80% of Lithium Energy Products’ Vanadium Ridge property for $150,000 and 1,250,000 Argentum shares….
2018
Lundin Mining makes new bid for Nevsun
In its second major overture in three months, Lundin Mining (TSX: LUN) said it plans to offer US$1.4 billion in cash for Nevsun Resources (TSX: NSU; NYSE: NSU). Lundin Mining…
TSX rises while gold falls, July 9-13
Canada’s benchmark index rose 1.15% to 16,561.12 on a down trading week. The S&P/TSX Global Mining Index fell 1.6% to 73.19 and the S&P/TSX Global Gold Index fell 2.76% to…
Kintavar bets on Mitchi in Quebec
Noranda was poking around 300 km north of Montreal, Que., in the 1970s when it drilled into what it believed was a skarn deposit grading around 0.5% copper, and walked…
Dow Jones down, S&P 500 up, July 9-13
Rising discord between the U.S. and its major trading partners Canada, Europe and China put pressure on some stocks, while the rising U.S. dollar put pressure on gold. The Dow…
Anaconda withdraws takeover bid for Maritime
Anaconda Mining (TSX: ANX; US-OTC: ANXGF) has withdrawn its hostile takeover bid for Maritime Resources (TSXV: MAE; US-OTC: MRTMF) after Maritime’s recently completed, $1.5-million private placement. It ends Anaconda’s five-month-long…
Top 10 Canadian-based mining companies
The Northern Miner presents the top 10 Canadian-headquartered mining companies by market capitalization, as of early July 2018. NUTRIEN: $46 billion market cap Nutrien (TSX: NTR; NYSE: NTR) is a new…
The Northern Miner Podcast – episode 112: Gren and Eira Thomas – feature interview with two icons of Canadian diamond mining
Recorded live at The Northern Miner‘s inaugural Diamonds in Canada Symposium in Toronto in June 2018, this episode features in-depth “fireside” chats with two Canadian diamond mining icons: Canadian Mining…
Top 10 Canadian-based diamond companies
Canada is the world’s third-largest diamond producer in terms of volume in carats and value, according to production estimates of New York-based diamond analyst Paul Zimnisky. The Northern Miner has…
Firesteel nears production at Laiva in Finland
Firesteel Resources (TSXV: FTR; US-OTC: FIEIF) will start mining its wholly owned, past-producing Laiva gold mine in central Finland this August, just two months after releasing a preliminary economic assessment…
Interview: No need for alarmism in discussing mineral supply, says Simon Jowitt
VANCOUVER — Simon Jowitt is an associate professor of economic geology at the University of Nevada at Las Vegas, who researches mineral economics, environmental issues, and the use of mining waste as…
Top 10 Canadian royalty, streaming companies by market cap
The Northern Miner presents the top 10 Canadian-headquartered royalty and streaming companies by market capitalization, as of early July 2018. 1. FRANCO-NEVADA Market cap: $17.7 billion Franco-Nevada’s (TSX: FNV; NYSE:…