Lucara has two-pronged growth plan, CEO Eira Thomas says
LONDON, UNITED KINGDOM – The following is an edited excerpt of an interview with Lucara Diamond (TSX: LUC) president and CEO Eira Thomas, carried out by Dean MacPherson, head of…
Volume 105 Number 13 June 24 – July 7, 2019
Ivanhoe advances ‘world’s best copper development’ at Kamoa-Kakula
It would not be a stretch to suggest Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) executive co-chairman Robert Friedland is probably the world’s best mining promoter. The Friedland legend started to…
Editorial: Global geopolitics sideswipe African uranium miners
The global uranium mining market in the 2010s took a hit from the Fukushima nuclear disaster in Japan in 2011 — which cut global uranium demand some 10% for many…
Snapshot: Eight explorers and miners with ties to Africa
Africa has been long renowned in the mining industry as the continent with many of the largest and richest mineral deposits on Earth. Despite listing commodity prices and some political…
TSX posts marginal gain, June 10-14: Serabi, Avesoro, Stornoway
The S&P/TSX Composite Index rose 0.44% to 16,301.91. The S&P/TSX Global Mining Index increased 3.44% to 75.85, and the S&P/TSX Global Base Metals Index was up 3.52% to 109.49. Spot…
TSX Venture falls, June 10-14: Alexandria, Bonterra, Great Bear, Eagle Graphite
The S&P/TSX Venture Composite Index fell 1.46% to 587.84 during the trading week. An unsolicited takeover offer for Alexandria Minerals from Agnico Eagle Mines sent the junior’s shares up 66.7%…
US markets move higher, June 10-14: Rio Tinto, Alamos Gold, Osisko Gold Royalties
The Dow Jones Industrial Average rose 0.41% to finish at 26,089.61, and the S&P 500 Index moved up 0.47% to 2,886.98. Spot gold rose 0.01% to US$1,341.10 per oz. gold….
GoviEx prepares Madaouela for higher uranium prices
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) received the permits needed to build its flagship Madaouela project in Niger three years ago, but lagging uranium prices have kept development in check….
Facts ‘n’ Figures: World copper mine production falls 1.8% in early 2019, ICSG says
The following is an edited release from the International Copper Study Group (ICSG) showing preliminary data for world copper supply and demand for February 2019. For more detailed information, visit www.icsg.org….
Roxgold has strong quarter at Yaramoko in Burkina Faso
Roxgold’s (TSX: ROXG; US-OTC: ROGFF) Yaramoko gold mine in southwestern Burkina Faso churned out 33,652 oz. gold in the first quarter, delivering a 16% return on equity for the company…
Los Andes Copper envisions big project at Vizcachitas
Los Andes Copper (TSXV: LA) says its Vizcachitas project — a copper-molybdenum porphyry deposit 150 km northeast of Santiago, in central Chile — will be the South American country’s next…
Barrick boosts investment in Midas Gold
Barrick Gold (TSX: ABX; NYSE: ABX) is taking part in a bought-deal offering by Midas Gold (TSX: MAX; US-OTC: MDRPF) to keep its pro rata interest in the junior exploration…