TSX ends lower, June 12-16
The S&P/TSX Composite Index dropped 1.81% to 15,192.54. The S&P/TSX Global Mining Index fell 6.11% to 61.44, the S&P/TSX Global Gold Index lost 5.41% to finish at 197.95, and spot…
News
Barrick, Acacia at odds with gov’t in Tanzania
VANCOUVER — Barrick Gold’s (TSX: ABX; NYSE: ABX) senior management is preparing for negotiations over an evolving sociopolitical situation in Tanzania that could lower its gold production from the country. The…
Harte Gold’s Sugar Zone just ‘the tip of the iceberg’
Harte Gold’s (TSX: HRT) Sugar Zone deposit in northern Ontario will be in commercial production in the second quarter of 2018, chairman and CEO Stephen Roman told The Northern Miner’s…
Forbes & Manhattan backs African Gold Group
As part of a private placement in March, Forbes & Manhattan Resources Inc., along with several other investors, including company insiders, took a 17% stake in a junior exploration company…
Orezone CEO talks strategic exploration shift at Bomboré
VANCOUVER — West Africa-focused Orezone Gold (TSX: ORE; US-OTC: ORZCF) had been developing its multimillion-ounce Bomboré gold project in Burkina Faso until discrepancies in resource estimations brought activity to a halt…
Hecla to boost productivity via ‘culture of innovation’
VANCOUVER — Idaho-based silver and gold miner Hecla Mining (NYSE: HL) hosted a technology gathering for investors alongside its recent annual general meeting in Vancouver, where The Northern Miner caught up…
Roxgold eyes Yaramoko expansion
VANCOUVER — African miner Roxgold (TSX: ROXG) has plans to boost production at its Yaramoko gold mine in Burkina Faso by adding resources from its Bagassi South project, 1.8…
Sabina finds deeper gold at Back River in Nunavut
Drilling during Sabina Gold & Silver’s (TSX: SBB) second-quarter exploration program has extended mineralization 300 metres down-plunge of the Back River gold project’s existing resources in southwestern Nunavut. Drill hole…
The Northern Miner podcast – episode 63: Science of seismic and return of the zinc
We’re coming in hot this week with another informative and entertaining episode of the Northern Miner podcast. Lesley sits down with Jennifer Neild from Australian-based Hiseis to talk about hard-rock…
Metalla picks up royalties, stream from Coeur Mining
Metalla Royalty & Streaming (CSE: MTA; US-OTC: EXCFF) is buying three royalties and one stream — two of which are on producing mines — from Coeur Mining (NYSE: CDE) in…
Q&A: BMO’s Ed Sterck talks demonetization and diamond equities
In late 2016 and early 2017 the diamond market felt the effects of India’s demonetization, which saw 500-rupee and 1,000-rupee bills suddenly removed from the market last November. The move…
Commentary: Mining industry should use less water
Environmental responsibilities loom large over the mining industry, forcing mine operators, shareholders and regulators to minimize the impact of mines on the surrounding land and communities, and rethink water management….