MAC takes action against child and forced labour
The following is an edited statement from the Mining Association of Canada. For more information, please visit www.mining.ca. The Mining Association of Canada (MAC) has added two components to its…
Volume 103 Number 20 October 2 – 15, 2017
Site visit: Big gets bigger for Agnico, Yamana at Canadian Malartic
MALARTIC, QUEBEC — Despite its already enormous size, the Canadian Malartic open-pit gold mine in Malartic, Que., halfway between Rouyn-Noranda and Val-d’Or, is on track to grow even more for…
Feds, Yukon gov’t team to fund improved roads to mines
The Yukon mining community got some good news on Sept. 2 with the announcement by the federal and Yukon governments that they would jointly fund a $360-million program dubbed the…
TSX Venture dips, Sept. 18-22
The S&P/TSX Venture Composite Index shed 1.56 points to a 778.1-point close, as commodity prices declined amid hawkish comments from the U.S. Federal Reserve. Spot gold prices fell US$22.88 to…
TSX rises, Sept. 18-22
During a relatively quiet week politically, Canada’s benchmark index rose steadily to 15,454.23 — a 1.85% gain — while the S&P/TSX Global Mining Index rose 0.24% to 66.34 and West…
Tahoe gets licence back, blockade remains at Escobal
Guatemala’s Supreme Court may have reinstated the Escobal mining licence of Tahoe Resources’ (TSX: THO; NYSE: THO) subsidiary, but the company can’t restart operations at the silver mine until a…
US markets post marginal increase, Sept. 18-22
The Dow Jones Industrial Average inched up 0.37% to 22,349.59 and the S&P 500 Index rose 0.08% to 2,502.22. The Philadelphia Gold and Silver Index fell 2.63% to 86.06, as…
Hecla sees ‘huge potential’ along Casa Berardi trend
VANCOUVER — Hecla Mining (NYSE: HL) saw untapped potential at the Casa Berardi gold mine when it swooped in with a “white knight,” $796-million offer for Aurizon Gold in early 2013….
Kinross cuts gold at Yorbeau’s Rouyn
Kinross Gold (TSX: K; NYSE: KGC) has intercepted high-grade gold during drilling at the Rouyn property, 4 km south of Rouyn-Noranda, Que., that could add significant resources at depth, partner…
Balmoral discovers more gold at Martiniere
Since drilling its first holes into the overburden that covers most of its Martiniere property in Quebec, Balmoral Resources (TSX: BAR; US-OTC: BALMF) has delineated three gold-bearing deposits along a…
Quebec’s Orbit Garant drills most since 2012
After a lengthy downturn across the industry, Orbit Garant Drilling (TSX: OGD) drilled more metres in fiscal 2017 than during any other year since the peak of the last cycle…
Eldorado withdraws threat to suspend investment in Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) will “temporarily postpone” a decision it made earlier this month to suspend its investments in Greece on Sept. 22 due to permitting delays and…