TSX Venture follows commodities lower, Sept. 5-8
The S&P/TSX Venture Composite Index shed 6.46 points to a 771.99-point close on declining commodity prices. Spot gold prices fell US$21.36 to US$1,345.59 per oz., and Comex copper prices lost…
News
Coeur to acquire JDS’ Silvertip mine
VANCOUVER — Chicago-based Coeur Mining (NYSE: CDE) is coming to British Columbia pending a US$200-million cash-and-share deal for JDS Silver and the fledgling Silvertip silver-zinc-lead mine, 16 km south of the Yukon border. Coeur plans…
Hurricane Irma cools US markets, Sept. 5-8
The Dow Jones Industrial Average fell 0.9% to 21,797.8 points and the S&P 500 Index dropped 0.6% to 2,461.43 points, as investors braced for Hurricane Irma’s potential impact on U.S….
Alamos bids US$770M for Richmont Mines
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) is set to expand its Canadian production footprint via a US$770-million, all-share deal for Richmont Mines (TSX: RIC; NYSE: RIC). On Sept. 11,…
Eldorado threatens to suspend investments in Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) will suspend all investment at its operating mines, development projects and exploration assets in Greece due to chronic delays in permits and licences that…
New Gold reports ‘significant progress’ at Rainy River
VANCOUVER — New Gold (TSX: NGD; NYSE-MKT: NGD) hopes developmental challenges are in the rearview mirror at its Rainy River gold project in northwestern Ontario. The company is advancing towards a…
Teranga delivers Banfora feasibility
Teranga Gold (TSX: TGZ) has produced more than 1.2 million oz. gold from its Sabodala mine in Senegal since 2009, and expects its flagship operation will produce another 1 million…
Harte Gold finds new anomalies on Sugar property in Ontario
Harte Gold (TSX: HRT; US-OTC: HRTFF) has identified five new anomalies within 15 km to the east and west of its Sugar deposit in northern Ontario that may host both…
North American Palladium posts $8M profit in turnaround quarter
VANCOUVER — North American Palladium (TSX: PDL; US-OTC: PALDF) has marked its first profitable quarter since mid-2015, thanks to surging palladium prices and increased production at its Lac des Îles…
GoGold Resources sells Santa Gertrudis to Agnico Eagle
GoGold Resources (TSX: GGD) is selling its Santa Gertrudis gold project in Sonora, Mexico, to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) for US$80 million in cash to eliminate debt….
Pure Gold to update Madsen PEA in Q3
Pure Gold Mining (TSXV: PGM) has reached several milestones this year at its Madsen project in northwestern Ontario’s Red Lake district, and is on track to reach several more before…
The Northern Miner podcast – episode 72: Government infrastructure cash & discovery news
This week we’re talking infrastructure! The show will focus on the Sept. 2 announcement of the $360-million Yukon Resource Gateway Project. The joint federal and territorial initiative is designed to…