Film review: KONELĪNE finds drama in BC’s Golden Triangle
Northwest British Columbia is a land of abundance and beauty. Teeming with wildlife, the mountains, rivers and valleys are also home to the Tahltan First Nation. Riches below the surface…
Volume 102 Number 17 Jun 6 – 12, 2016
TSX Venture falls, May 23-27
The S&P/TSX Venture Composite Index fell 2.6%, or 17.6 points, to a 668.54-point close over the trading period. Spot gold hit a three-month low, falling 3.2%, or US$39.60, to US$1,212.38…
Editorial: Northern Andean economies groan as oil revenues dry up
There’s nothing quite like a fall in oil prices to expose the cracks in the economies and politics of countries highly dependent on oil exports. And such is the case…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
TSX posts slight gain, May 23-27
The Bank of Canada kept its target for the overnight lending rate at 0.5% and estimated that the wildfires in Alberta would knock 1.25 percentage points from real gross domestic…
Hecla bids for Mines Management and its Montanore deposit
VANCOUVER — Hecla Mining (NYSE: HL) is hoping to fortify its silver development portfolio in the U.S. Northwest with a US$37-million, all-share acquisition of Mines Management (TSX: MGT; NYSE-MKT: MGN) and its large Montanore silver-copper…
Golden Predator attracts heavy hitters Albert Friedberg, Rob McEwen & Pat DiCapo
Albert Friedberg and his Friedberg Mercantile Group were listed among the top-40, highest-earning hedge fund managers in the world by Forbes magazine in 2011. More recent rankings weren’t immediately available,…
Centerra to appeal environmental fines
Centerra Gold’s (TSX: CG) subsidiary has been fined US$98 million for environmental damages at the Kumtor gold mine, and faces another US$225 million in environmental fines, all of which the…
Focus improves phosphate mine plan at Bayovar
VANCOUVER — Focus Ventures (TSXV: FCV) has updated a prefeasibility study at its Bayovar 12 phosphate property, 70 km south of the city of Piura, Peru. It envisages a a US$168-million development…
Trevali lowers costs at Santander mine
Trevali Mining’s (TSX: TV; US-OTC: TREVF) Santander zinc-lead-silver mine in Peru keeps beating expectations, and the company says it’s one of the lowest-cost operating mines in the country’s Central Mineral Belt….
Veteran miner Kerry Knoll bets on moly renaissance
Since leaving his job as a journalist at The Northern Miner in 1987, Kerry Knoll has co-founded four companies and built four mines with his business partner Ian McDonald. Their…
Endeavour Silver to acquire Oro Silver Resources
Endeavour Silver’s (TSX: EDR; NYSE: EXK) search for development opportunities to shore up its portfolio of three producing silver mines in Mexico has resulted in an agreement to acquire Oro…