Site visit: Alexco hopes Bermingham will drive Keno Hill revival
KENO CITY, YUKON — Rolling into Alexco Resource’s (TSX: AXR; NYSE-MKT: AXU) Keno Hill silver camp outside of the long-standing — though now sparsely populated — mining hamlet of Keno…
Volume 102 Number 42 November 28 – December 4, 2016
Facts ‘n’ Figures: Silver market to record fourth straight deficit in 2016
The following are highlights from The Silver Institute’s 2016 Interim Silver Market Review. For more information, please visit www.silverinstitute.org. The silver market is expected to be in an annual physical…
Editorial: Welcome back, copper
Metal price prognosticators came out almost as badly as the pollsters in the wake of the U.S. presidential election, with most metal analysts predicting a post-election rise in gold prices,…
Site visit: Fission poised for growth at Patterson Lake South
NORTHERN SASKATCHEWAN — Handling drill core caked with uraninite — a radioactive, uranium-rich ore mineral — isn’t exactly for the faint of heart, but with grades north of 25% U3O8,…
Northern Shield sheds light on finds
In the last two years, Northern Shield Resources (TSXV: NRN) has made two discoveries in the Labrador Trough, 100 km north of Schefferville, Quebec. The first, Huckleberry, was staked in…
Harte Gold finds new gold zone at Sugar
Harte Gold (TSX: HRT; US-OTC: HRTFF) has made a gold discovery halfway between the Sugar and Wolf zones at its Sugar project in northern Ontario. The latest discovery lies within…
Lundin to sell Tenke stake to Chinese PE firm for US$1.1B
Six months after Freeport-McMoRan (NYSE: FCX) agreed to sell its 56% stake in the Tenke Fungurume copper-cobalt mine in the Democratic Republic of the Congo (DRC) to China Molybdenum, joint-venture…
Pressure grows on Samarco, one year after tailings disaster
Legal and financial pressures are mounting on Samarco, one year after a tailings dam failure sent 60 million cubic metres of mine waste and sludge into Brazil’s Rio Doce river…
Newmont’s Long Canyon is early and below budget
Newmont Mining (NYSE: NEM) has brought its newest gold mine, Long Canyon, online in Nevada, two months ahead of schedule and US$50 million under budget. The company poured first gold…
Endeavour Mining says Ity may emerge as ‘flagship asset’
VANCOUVER — Endeavour Mining (TSX: EDV) is confident enough in its Ity gold mine in Côte d’Ivoire, West Africa, to start expansion next year. Recent exploration success, however, hints that the…
Radisson Mining advances O’Brien gold project in Quebec’s Abitibi
The O’Brien gold mine in the Abitibi region of northwestern Quebec was the richest mine by grade along the Larder Lake-Cadillac Fault between 1926 and 1957, when miners intermittently made…
Toronto Stock Exchange, Nov. 18-22
The S&P/TSX Composite Index ended the trading week relatively flat, as concerns about the U.S. Federal Reserve curbing its monetary stimulus lingered. Canada’s benchmark index fell 4 points to 13,478.34 points, after touching…