Timmins gains ‘breathing room,’ thanks to gold rally
VANCOUVER — Mexico-focused Timmins Gold (TSX: TMM; NYSE-MKT: TGD) will stay in the gold mining business thanks to the sustained rise in precious metal prices over the past six months. Eight…
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BHP tables US$6.4B loss in worst-ever year
VANCOUVER — BHP Billiton (NYSE: BHP) has posted the worst annual financial results since its inception in 2001, but CEO Andrew Mackenzie now says the “free fall” has likely passed for…
Skeena picking up historic Porter Idaho
VANCOUVER — Skeena Resources (TSXV: SKE) has spent the past two years building a portfolio of high-grade, precious metal projects in northwestern B.C.’s Golden Triangle region, and now the junior…
The geology underlying the quest for minerals on Canada’s East Coast
VANCOUVER — The geology of eastern Canada largely owes itself to a series of events that began 480 million years ago, when the Iapetus Ocean (analogous to today’s Atlantic Ocean) closed…
Feds to review environmental permitting across Canada
Canada’s federal government has officially launched a major review of environmental permitting for resource projects, stating it wants to “restore confidence” in the country’s environmental and regulatory processes. The new…
Dynasty Metals shares surge on proposed US$4M financing
Shares of cash-strapped Dynasty Metals & Mining (TSX: DMM; US-OTC: DMMIF) have shot up after the company announced a US$4-million private placement with three directors of Goldgroup Mining (TSX: GGA;…
TSX Venture climbs, Aug. 8-12
The S&P/TSX Venture Composite Index rose 26.6 points, or 3.3%, to an 833.29-point close, as spot gold and Comex copper prices remained relatively unchanged at 1,343.2 per oz. gold and…
US indexes set new records, Aug. 8-12
Wall Street set a record on Aug. 11, after stronger oil prices and better corporate earnings from several large retailers. The last time its three major indexes touched record levels…
TSX reaches new year high, Aug. 8–12
During the second week of August, Canada’s benchmark index touched a 13-month high, contributing to a 0.7% weekly gain to close at 14,747.45. The index has been one of the…
The Northern Miner podcast – episode 25: Discovery round-up and chromite bikinis
Matt and Lesley are back in studio following a flurry of site visits and trips! Lesley covers Ivanhoe Mines‘ (TSX: IVN; US-OTC: IVPAF) potentially “game changing” Kakula discovery in the…
Odds ‘n’ Sods: The rediscovery of Nambija and the road to FDN in Ecuador
The following is an edited version of the first chapter from an upcoming memoir entitled “The Last Great Adventure,” for which any profits will go to the Baca Ortiz Hospital…
Kakula discovery a potential ‘game changer’ for Kamoa
VANCOUVER — The latest drilling by Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) at the Kakula target — 5 km southeast of its large Kamoa copper deposit, being codeveloped with Chinese…