US markets rise, Sept. 3-6: Teck, Seabridge, Newmont Goldcorp
The Dow Jones Industrial Average rose 1.49% to 26,797.46, and the S&P 500 Index gained 1.79% to 2,978.71. Spot gold fell US$13.10 per oz. to finish at US$1,506.50 per oz….
2019
Treasury’s Goliath project gets environmental approval
The Canadian Environmental Assessment Agency has given Treasury Metals (TSX: TML; US-OTC: TSRMF) the green light to develop its wholly owned Goliath gold project, 20 km east of Dryden in…
TSX Venture down, Sept. 2-6: Probe Metals, Chesapeake Gold, GT Gold
The S&P/TSX Venture Composite Index fell 0.14% to 588.51 during the trading week. Probe Metals rose 9.8%, or 13¢, to $1.46 per share in the wake of an updated resource…
McEwen Mining bulks up Black Fox complex
Two years ago, McEwen Mining (TSX: MUX; NYSE: MUX) purchased the Black Fox mine complex in northeastern Ontario for US$35 million. The complex — 70 km from Timmins and 9…
Metals Commentary: Economic uncertainty drives gold prices higher
The gold industry feels optimistic for the first time in years, as the price of the precious metal steadily rises amid fears of a global economic downturn. Gold miners, in…
Ontario Snapshot: Eight companies with Ontario mines and exploration projects
Ontario is the largest mineral-producing province by value in Canada. Last year the province produced $10.1 billion in minerals, or 21.4% of Canada’s $47-billion worth of mineral production. It also…
Teranga’s Wahgnion gold mine starts ahead of schedule
Teranga Gold’s (TSX: TGZ; US-OTC: TGCDF) Wahgnion open-pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to 40,000 oz….
Is Chile losing ground in the lithium space?
Chile should lead the world in lithium production. The Salar de Atacama in northern Chile is the world’s largest and richest lithium resource, containing almost half the world’s known reserves,…
Argonaut Gold to hedge gold from El Castillo
After a challenging second quarter at its El Castillo complex in Mexico, Argonaut Gold (TSX: AR) will hedge part of the operation’s remaining life-of-mine production. The company told shareholders in…
Probe Metals hikes resource estimate at Val-d’Or East
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released an updated resource estimate for its Val-d’Or East project in Quebec. The project consists of three of its wholly owned properties — Pascalis,…
The Northern Miner Podcast – episode 150: Scotiabank’s Rory Johnston on metal prices and the global slowdown
This week marks the 150th episode of The Northern Miner Podcast, with new music, a hat tip to previous hosts, and a feature interview by acting editor-in-chief Trish Saywell with…
Rubicon optimistic on Phoenix study
A positive preliminary economic assessment (PEA) suggests Rubicon Minerals’ (TSX: RMX; US-OTC: RBYCF) once-troubled Phoenix gold project in northwestern Ontario could rise again. Trial mining of Phoenix’s F2 gold deposit…