Facts ‘n’ Figures: Gold demand down 18% in Q1
The following release from the World Gold Council details global gold demand in the first quarter of 2017. The full Gold Demand Trends report is available for free at www.gold.org….
Volume 103 Number 10 May 15 – 28, 2017
Ecuador snapshot: 10 active companies
VANCOUVER — The Ecuadorian government restructured its mining and tax policies in 2014 in a bid to bring back foreign investment that had fled the country in previous years. The move…
Golden Arrow teams up with Silver Standard in Argentina
Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) has jumped from an explorer to a silver producer in Argentina in a fairytale-esque way. It will receive a 25% stake in Silver…
First Cobalt picks up assets in Canada, DRC
Since joining First Cobalt (TSXV: FCC) in March, president and CEO Trent Mell has wasted little time getting down to work — unveiling two large property transactions, raising $6 million…
Riverside, Centerra see promise at Glor in Sonora
VANCOUVER — Prospect generator Riverside Resources (TSXV: RRI) has launched into a 2,000-metre drill campaign with partner Centerra Gold (TSX: CG; US-OTC: CAGDF) at their Glor gold project, 8 km west of…
Camino CEO on possible IOCG discovery at Los Chapitos
VANCOUVER — Camino Minerals (TSXV: COR; US-OTC: CAMZF) is off to a strong start at its newly acquired, 67 sq. km Los Chapitos copper property in southern Peru. Camino is the…
Columbus Gold, Nordgold complete feasibility study
A bankable feasibility study on the Montagne d’Or deposit in French Guiana envisions an open-pit mining operation that would produce 2.57 million oz. gold over 12 years. Nordgold (LON: NORD),…
Early Earth too hot for plate tectonics, study says
VANCOUVER — For the past four decades, the theory of plate tectonics has remained a fixture in every geologists understanding of how the earth’s crust glides across the planet and…
Pasinex shines at Pinargozu mine in Turkey
Pasinex Resources — the 50%-owner of the high-grade Pinargozu zinc mine in southern Turkey — has seen its shares climb more than 300% over the past year. Driving the share-price…
Sandstorm bids for Mariana
Streaming and royalty firm Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) is buying Mariana Resources (TSX: MRY; LON: MARL) at an 84% premium to get its hands on the high-grade Hot…
Barrick sinks on Q1 earnings miss
Barrick Gold (TSX: ABX; NYSE: ABX) shares fell nearly 11% after it missed analysts’ expectations for first-quarter earnings and trimmed its 2017 production guidance, largely due to selling half of its…
Robert Friedland goes to Hollywood
One thing that irritates Robert Friedland is the lack of recognition and appreciation the mining industry receives from the wider public. “Take a look at everything around you,” he says…