TNM Drill Down: Top gold assays for the week of Oct. 28-Nov. 4
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
2022
Canadian markets close lower over Oct. 31 to Nov. 4 trading week
The Oct. 31 to Nov. 4 trading week saw the S&P/TSX Composite Index close 21.4 points or 0.1% lower, at 19,449.81. The S&P/TSX Global Mining Index lost 4.3 points or…
US markets fall in the week ending Nov. 4
U.S. markets fell last week after the U.S. Federal Reserve increased its benchmark interest rate by 75 basis points and Fed chairman Jerome Powell said talk of a pause in…
TSX Venture drifts slightly lower over the Oct. 31-Nov. 4 trading week
The S&P/TSX Venture Composite Index ended the Oct. 31-Nov. 4 trading session at 593.70 points, just 3.23 points or 0.5% lower. Critical Elements Lithium shares rose by 31¢ to $4.75…
Petra Diamonds halts Williamson mine in Tanzania after dam breach
Petra Diamonds (LSE: PDL) said on Monday it had halted operations at its Williamson mine in Tanzania after a tailings storage facility burst, causing flooding in nearby areas. The company,…
SolGold secures US$50M royalty funding from Osisko Gold
SolGold (TSX: SOLG; LSE: SOLG) has secured US$50 million in royalty financing from Osisko Gold Royalties (TSX: OR; NYSE: OR), which will help the miner fund the development of its…
Gold Fields won’t raise offer for Yamana Gold after rival bid
Gold Fields (NYSE: GFI; JSE: GFI) has ruled out the possibility of raising its offer for Yamana Gold (TSX: YRI; NYSE: AUY) after two Canadian miners teamed up last week…
Ontario Snapshot: Eight companies to watch
Ontario is one of the world’s premier mining jurisdictions. Here’s a look at eight companies exploring the province for gold, PGMs, lithium and more. First Mining Gold First Mining Gold…
Industry groups welcome $10B in Ottawa’s budget update
Canada’s major mining industry group and a green energy think tank are welcoming nearly $10 billion spread over tax credits for clean technology, mining project approval improvements, innovation research and…
Ontario Mines Minister Pirie targets red tape for Ring of Fire
Ontario Mines Minister George Pirie, a 35-year mining industry veteran before his election in June, says he plans to consider cutting project red tape “fairly shortly” while encouraging more federal…
Pan American, Agnico Eagle throw wrench in Gold Fields-Yamana deal
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields’…
Coeur Mining closes southern Nevada asset sale to AngloGold, stock up
Coeur Mining (NYSE: CDE) announced Friday the closing of the sale of its southern Nevada projects to a subsidiary of AngloGold Ashanti (NYSE: AU). Coeur’s southern Nevada portfolio comprises the…