Africa Snapshot: Five juniors seeking gold, diamonds and REEs
While mid-tier gold and copper miners and developers in Africa have caught much of the attention of investors, there remains a vital contingent of small juniors that are active at…
Volume 103 Number 13 June 26 – July 9, 2017
Editorial: Africa remains a dominant force in global gold mining
With so many troubles in Africa’s centres of gold mining — extremist attacks in West and North Africa, perennial challenges in Central Africa and the long, slow decline of violence-ridden…
Orca improves economics at Block 14 in north Sudan
VANCOUVER —Avant-garde explorer Orca Gold (TSXV: ORG) has launched into a feasibility study at its 2.3 million oz. gold Block 14 project in northern Sudan’s Nubian Desert, after finding a…
TSX Venture slips, June 12-16
The S&P/TSX Venture Composite Index lost 1.9%, or 15.29 points, to a 775.91-point close, as spot gold prices fell US$13.03 to US$1,253.73 per oz., and Comex copper prices fell US7¢…
US stocks rise slightly, June 12-16
The U.S. Federal Reserve raised its key interest rate by 25 basis points to between 1% and 1.25% — the second rate hike this year — sending the gold price…
TSX ends lower, June 12-16
The S&P/TSX Composite Index dropped 1.81% to 15,192.54. The S&P/TSX Global Mining Index fell 6.11% to 61.44, the S&P/TSX Global Gold Index lost 5.41% to finish at 197.95, and spot…
Barrick, Acacia at odds with gov’t in Tanzania
VANCOUVER — Barrick Gold’s (TSX: ABX; NYSE: ABX) senior management is preparing for negotiations over an evolving sociopolitical situation in Tanzania that could lower its gold production from the country. The…
Forbes & Manhattan backs African Gold Group
As part of a private placement in March, Forbes & Manhattan Resources Inc., along with several other investors, including company insiders, took a 17% stake in a junior exploration company…
Roxgold eyes Yaramoko expansion
VANCOUVER — African miner Roxgold (TSX: ROXG) has plans to boost production at its Yaramoko gold mine in Burkina Faso by adding resources from its Bagassi South project, 1.8…
Commentary: Mining industry should use less water
Environmental responsibilities loom large over the mining industry, forcing mine operators, shareholders and regulators to minimize the impact of mines on the surrounding land and communities, and rethink water management….
In-depth interview: Barrick’s Dushnisky and Goldcorp’s Garofalo on gold mining’s future
At the Canadian Mining Symposium hosted by The Northern Miner at Canada House in London in May, session moderator Greg Huffman, managing director and global head of mining sales at…
Castle Silver Resources markets cobalt potential to Asian buyers
A junior with properties in northern Ontario containing past-producing silver and cobalt mines says metal traders and carmakers in Japan and battery manufacturers in China are eager to lock up…