TSX rises, July 11-15
The S&P/TSX Composite Index rose 1.6% to 14,482.42, despite lower gold and oil prices. The S&P/TSX Global Gold Index fell 3.2% to 266.68, as the gold price retreated 2% to…
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US equities rally, July 11-15
Positive economic data for the month of June, including improved retail sales and industrial production, and a firming of inflation, extended the rally in U.S. equities. The Dow Jones Industrial…
The Northern Miner podcast – episode 21: Land of the Midnight Sun
Matt and Lesley record on-site at the Yukon Mining Alliance Investment Conference 2016 in Dawson City! We dig into our conversations with Goldcorp (TSX: G; NYSE: GG) representatives on the recent…
TSX Venture posts gains, July 11-15
The S&P/TSX Venture Composite Index reached a 20-month high, gaining 14.24 points, or 1.9%, to a 766.36-point close. Spot gold prices declined US$28.88, or 2.1%, to US$1,337.45 per oz., after…
Ascot prepares for Sprott’s $20M investment
VANCOUVER — Ascot Resources (TSXV: AOT) is reconsidering plans on how to best advance its flagship Premier gold-silver project, 20 km northeast of Stewart, B.C., now that mining and exploration financier Eric…
Golden Arrow options Antofalla in Argentina’s Catamarca province
Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) is best known for its Chinchillas silver-lead-zinc project in Argentina’s Jujuy province, but the prospect generator also has properties in the country’s San…
IDM’s Red Mountain moves closer to development
IDM Mining’s (TSXV: IDM) executive chairman couldn’t hide his excitement while talking about the updated preliminary economic assessment (PEA) at the Red Mountain gold project in northwestern B.C. “We have…
It’s full speed ahead for Roxgold
The early exercise of warrants by International Finance Corp. (IFC) gives Roxgold (TSXV: ROG) US$9 million to add to the US$33.8 million it already has in the bank. With another…
Odds ‘n’ Sods: Strange discovery under a freakish quartzite mound in Arizona
Let’s start this story close to its end with an April 27, 1967, front-page headline from Tucson’s Arizona Daily Star: “Papagos lease site for copper mine,” followed by a sub-headline:…
Plugged in tech-metal juniors
From graphite to vanadium, high-tech minerals and metals are sure to see growing use in the future from applications such as smart phones, cars and energy storage. Here’s a look…
Mosaic suspends Colonsay potash mine
Mosaic (NYSE: MOS) is temporarily shutting one of its three Saskatchewan potash operations, amid declining global demand and prices for potash. The major fertilizer producer will close the Colonsay potash mine…
McEwens gift $10M to Laurentian
Philanthropists Rob and Cheryl McEwen have invested $10 million in Laurentian University’s School of Architecture, which will now be known as the McEwen School of Architecture, in Sudbury, Ont. The…