Editorial: Oil climbs to two-year highs, gold hangs tough
Oil is one the largest unit costs for many miners, especially for those involved with open-pit operations and remote mines dependent on diesel power generation. And so with oil prices…
Volume 103 Number 23 November 13 – 26, 2017
Chakana’s Soledad attracts Doug Kirwin
When a renowned geologist like Douglas Kirwin throws his weight behind a junior exploration company, the mining world usually sits up and takes notice. Kirwin, a member of the joint…
Venture posts gains, Oct. 30-Nov. 3
The S&P/TSX Venture Composite Index gained 4.6 points to a 791.98-point close, as spot gold prices fell US$3.44 to US$1,273.35 per oz., and Comex copper prices gained US2¢ to US$3.12…
TSX rises slightly, Oct. 30-Nov. 3
Canada’s benchmark index rose 0.42% to finish the trading week at 16,020.16. The S&P/TSX Gold Mining Index and the S&P/TSX Global Gold Index posted incremental gains, rising 0.42% to 68.01…
Rockcliff’s MacBride attracts Nevada Zinc
Nevada Zinc (TSXV: NZN) has entered an option agreement with Rockcliff Metals (TSXV: RCLF) to buy up to an 80% interest in Rockliff’s wholly owned MacBride zinc-copper property in central…
US markets post marginal gains, Oct. 30-Nov. 3
The unemployment rate in the U.S. fell to 4.1% to a new 17-year low over the reporting period. Spot gold ended the week at US$1,269.40 per oz., down 0.30%, or…
Ross McElroy stakes new ground in Saskatchewan
Ross McElroy may call Kelowna, B.C., home, but his heart lies in Saskatchewan, where he has played a key role in four major discoveries in the Athabasca basin. The geologist…
Cameco loses US$50M in Q3 as uranium languishes
VANCOUVER — Canada’s Cameco (TSX: CCO; NYSE: CCJ) is in damage control mode amidst the worst uranium market in over a decade. The company’s underwhelming third-quarter results were plagued by…
Garibaldi shares surge on potential nickel discovery
VANCOUVER — Garibaldi Resources (TSXV: GGI; US-OTC: GGIFF) president and CEO Steve Regoci says he’s baffled by the staggering gains in the company’s share price since the junior began drilling…
MDRU, Fathom Geophysics target central BC
The University of British Columbia’s Mineral Deposit Research Unit (MDRU) and consulting firm Fathom Geophysics may have identified the regional structural framework partly responsible for silver-gold-copper mineralization in central B.C.’s…
Beaty bets US$20M on three-way merger to form Equinox Gold
VANCOUVER — Mining magnate Ross Beaty is leading a merger between gold juniors Trek Mining (TSXV: TREK), NewCastle Gold (TSX: NCA) and Anfield Gold (TSXV: ANF; US-OTC: ANCKF). Beaty will…
Iamgold CEO Letwin’s passionate keynote on cost control, innovation and gold’s bright future
The following is a transcript of the keynote speech by Stephen Letwin, president and CEO of Iamgold (TSX: IMG; NYSE: IAG) at the inaugural Progressive Mine Forum presented by The…