US markets dip, Feb. 19-23
Gold closed at US$1,328.20, down 1.36% over the previous week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 3.24% to 80.53 and the Dow Jones Industrial Average…
Volume 104 Number 5 March 5 – 18, 2018
Site visit: Northern Empire juggles options for Sterling gold
LAS VEGAS, NEVADA — Out in the Nevada desert, 160 km northwest of Las Vegas and amid military facilities where soldiers pilot drones in the Middle East, and the secrets…
Guyana Goldfields to accelerate production
VANCOUVER — Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has updated the mine plan at its flagship Aurora gold operation in Guyana, South America, that could boost its annual production profile to…
Newcrest takes 27% stake in Lundin Gold
Newcrest Mining (TSX: NCM), Australia’s largest-listed gold producer, is investing US$250 million for a 27.1% stake in Lundin Gold (TSX: LUG), a Canadian junior whose Fruta del Norte gold mine…
Commentary: Apple and the vertical transformation of mining
In early February, Bloomberg reported that Apple Inc. was in direct talks with an undisclosed mining company to secure long-term cobalt supplies to support the mounting demands of the company’s…
Canstar, Adventus and Altius to consolidate Buchans camp
Last year, Osisko Metals (TSXV: OM) acquired more than 500 sq. km in the historic Bathurst mining camp of New Brunswick to develop a multi-deposit zinc asset base that would…
Prospect generator Evrim adds another JV
In the last year and a half, Evrim Resources (TSXV: EVM) has signed up two new joint-venture partners on projects in Mexico and British Columbia — Coeur Mining (NYSE: CDE)…
Fission Uranium’s Triple R deposit continues to grow
Despite uranium prices at decade lows and three years of belt-tightening, Fission Uranium (TSX: FCU; US-OTC: FCUUF) has increased the indicated resource at its Triple R deposit by 8% and the overall…
Pembridge offers cash and shares for Minto mine
U.K.-based Pembridge Resources (LON: PERE) is set to acquire the Yukon’s sole producing hard-rock mine. On Feb. 14, the company announced a deal with Capstone Mining (TSX: CS) to buy…
Probe Metals hikes resource at Val-d’Or East project
Probe Metals (TSXV: PRB; US-OTC: PROBF) has proved up more gold ounces and has greater confidence in its Val-d’Or East project after upgrading inferred ounces into the indicated category. An…
Peregrine Diamonds boosts resource at Chidliak
A resource update has brought the combined inferred resource of just two of 74 known kimberlites to 22 million carats at Peregrine Diamonds’ (TSX: PGD) Chidliak project on Baffin Island. “This…
Hecla seeks arbitration to end Lucky Friday strike
VANCOUVER — Hecla Mining (NYSE: HL) is turning to arbitration to resolve a labour dispute at its Lucky Friday underground silver mine in Shoshone County, North Idaho. The company has been…