Peregrine eyes first production by 2021
Peregrine Diamonds (TSX: PGD) hopes to have its Chidliak project producing diamonds by 2021, as outlined in a preliminary economic assessment (PEA) released in July. Chidliak sits 120 km northeast…
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Northern Shield sheds light on finds
In the last two years, Northern Shield Resources (TSXV: NRN) has made two discoveries in the Labrador Trough, 100 km north of Schefferville, Quebec. The first, Huckleberry, was staked in…
Abitibi Snapshot: Five companies to watch
The renewed strength in gold prices this year has reinvigorated the historic mining camps throughout the Abitibi region of Ontario and Quebec. Here’s a look at what a few Canadian…
Kelvin kimberlite earns high grades
The results of a second bulk sample at Kennady Diamonds’ (TSXV: KDI) Kennady North diamond project in the Northwest Territories confirm the high grade potential of the Kelvin kimberlite. The…
Harte Gold finds new gold zone at Sugar
Harte Gold (TSX: HRT; US-OTC: HRTFF) has made a gold discovery halfway between the Sugar and Wolf zones at its Sugar project in northern Ontario. The latest discovery lies within…
Lucara’s cash position builds
Although it pulled its 1,109-carat Lesedi La Rona Type II gem from sale in June, after it fetched a high bid of US$61 million at a Sotheby’s auction, Lucara Diamond…
Editorial: What a Trump presidency means for US miners
Mining’s contribution to the recent U.S. presidential election was nicely captured in the interactions of the two leading candidates with coal miners in the Appalachians. In March 2016, Democratic Party…
Lundin to sell Tenke stake to Chinese PE firm for US$1.1B
Six months after Freeport-McMoRan (NYSE: FCX) agreed to sell its 56% stake in the Tenke Fungurume copper-cobalt mine in the Democratic Republic of the Congo (DRC) to China Molybdenum, joint-venture…
Q&A: Decoding the diamond market
With a dismal 2015 in the rear-view mirror, the first half of 2016 saw surprisingly strong demand for rough diamonds. However, with new production coming online from several mines in…
TSX Venture plummets, Nov. 7-11
The S&P/TSX Venture Composite Index dove 34.07 points, or 4.5%, to a 727.91-point close over the Nov. 7-11 trading period in the aftermath of the U.S. presidential election. The spot…
US markets move higher, Nov. 7-11
Expectations by many that Donald Trump’s electoral victory would boost the U.S. economy sent the Dow Jones Industrial Average up 5.4%, or 959.38 points, to 18,847.66. The S&P 500 Index…
TSX rises, Nov. 7-11
The S&P/TSX Venture Composite Index dove 34.07 points, or 4.5%, to a 727.91-point close in the aftermath of the U.S. presidential election. Spot gold prices dropped US$77.42 to US$1,227.64 per…