Four Canadian mining giants to join Hall of Fame
In 2018 the Canadian Mining Hall of Fame will induct four new members to its ranks: Ross J. Beaty, Robert A. Gannicott, A. Terrance MacGibbon and Edward G. Thompson. The…
Volume 103 Number 21 October 16 – 29, 2017
Silver Viper takes first bite at Clemente
VANCOUVER — Newly branded Silver Viper Minerals (TSXV: VIPR) has launched a drill campaign at its 62.1 sq. km Clemente silver-gold project in Sonora, northern Mexico, just days after the company…
TSX rises slightly, Oct. 2-6
Canada’s benchmark index rose $93.38 to 15,728.32, a 0.60% change, while the S&P/TSX Global Mining Index rose 3.38% to 68.45 and the S&P/TSX Global Gold index rose 2.87% to 201.87….
TSX Venture gains, Oct. 2-6
The S&P/TSX Venture Composite Index gained 7.09 points to a 788.32-point close, as spot gold prices fell US$3.07 to US$1,276.68 per oz., whereas Comex copper prices gained US7¢ to US$3.03…
US markets finish higher, Oct. 2-6
The U.S. Bureau of Labor Statistics reported that in the last 12 months, average hourly earnings increased by 74¢ or 2.9%. The jobs data raised expectations of a rate hike…
Bitterroot hunts Arizona silver
VANCOUVER — Bitterroot Resources (TSXV: BTT) has its eye on high-grade silver across 7 km of potential strike length at the historic Hackberry property, 48 km northeast of Kingman, Arizona. The company…
Site visit: New Age Metals finds high grade
SUDBURY, ONTARIO – The optics are rarely very good when a major pulls out of a joint-venture project with a junior company. In the case of River Valley in northwestern…
Canadian Zinc aims for 2020 production at Prairie Creek
VANCOUVER — Canadian Zinc (TSX: CZN; US-OTC: CZICF) has set the stage for a 2020 production target at its past-producing Prairie Creek zinc-lead mine, which sits amid the Mackenzie Mountains, 500…
CPM’s Jeffrey Christian on platinum-palladium price reversal
Jeffrey Christian is the managing partner of CPM Group, a commodities research and management, consulting and financial advisory firm in New York. He founded the company in 1986, spinning off…
Centerra CEO on ‘comprehensive settlement’ at Kumtor
VANCOUVER — After 18 months of negotiations, Centerra Gold (TSX: CS; US-OTC: CAGDF) has apparently resolved outstanding political disputes with the Kyrgyzstan government over the company’s cornerstone Kumtor gold mine in…
‘Integra 2.0’ to buy dormant DeLamar mine from Kinross
BEAVER CREEK, COLORADO — The executive team behind Integra Gold — a Quebec-focused explorer purchased by Eldorado Gold (TSX: ELD; NYSE: EGO) for $590 million in July — intends to…
Site visit: AuRico nears construction decision at Kemess
PRINCE GEORGE, B.C. — There’s a sense of momentum building at the historic Kemess open-pit, gold-copper mine site in north-central British Columbia. AuRico Metals (TSX: AMI; US-OTC: ARCTF) has hit numerous…