Teck seeks more cuts despite ‘cost reduction fatigue’
Teck Resources’ (TSX: TCK.B; NYSE: TCK) chief financial officer Ron Millos said the company intends to lower debt and improve operating costs, despite the fact that it is getting harder…
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Upside ‘very much alive’ at Kwanika in BC, Serengeti says
VANCOUVER — The latest drill results from Serengeti Resources’ (TSXV: SIR) Kwanika copper-gold project, 250 km east of Smithers, may have triggered a 35% drop in the company’s share price,…
OceanaGold, B2Gold scramble as Philippines gov’t may suspend 20 more mines
VANCOUVER — The sociopolitical situation in the Philippines is volatile for miners in the wake of a national mining audit by President Rodrigo Duterte’s newly elected administration. On Sept. 27, Environment…
Quebec snapshot: Eight juniors strut their stuff
Boasting a large, prospective territory and a deep mining culture, Quebec arguably has the most vibrant junior mining scene in Canada, with activity across the province in a multitude of…
Editorial: Gold miners find room to breathe
With gold prices holding steady for months above US$1,300 per oz., and years of painful cost-cutting and writedowns now firmly in the past, the mood of gold miners in attendance…
The geology behind Quebec’s world-class metal districts
For more than a few Quebecers, walking amongst some of the earth’s oldest rocks is an everyday occurrence. Almost 90% of the bedrock in the province belongs to the Canadian…
The Northern Miner podcast – episode 31: The Geology Corner and junior stocks
Matt and Lesley are back in studio to unveil a new feature on the podcast: Lesley’s geology corner! Today we discuss Endeavour Mining‘s (TSX: EDV) Ity gold mine in Côte…
TSX Venture rebounds, Sept. 19-23
The S&P/TSX Venture Composite Index gained 11.65 points to close at 810.89 over the trading week, boosted by a strengthening commodity prices. Spot gold prices gained US$27.21 before finishing at…
Wall Street rises, Sept. 19–23
U.S. equities gained momentum as the U.S. Federal Reserve maintained interest rates, fuelling higher commodity prices. The Dow Jones Industrial Average moved up 0.8% to 18,262.45 and the S&P 500…
TSX gains on US Federal Reserve decision, Sept. 19-23
The U.S. Federal Reserve’s decision to hold interest rates steady sent Canada’s benchmark index up 1.7% to 14,697.93 and the gold price up 2.1% to US$1,337.10 per ounce. The S&P/TSX…
Falco eyes high-tech mining at Horne 5 in Rouyn-Noranda
VANCOUVER — Falco Resources (TSXV: FPC; US-OTC: FPRGF) says new mining technology and methods could boost efficiency at its large Horne 5 gold-silver-copper-zinc deposit in Rouyn-Noranda, Quebec. The $905-million operation would…
Southwest US snapshot: 9 projects to watch
The mineral bounty of California, Nevada, Utah and Arizona is legendary, but the hard work of finding new deposits continues. Here are nine new projects large and small that are…