US markets end in the red, May 9-13
Concern about domestic and global growth sent the Dow Jones Industrial Average and the S&P 500 Index into the red for the third straight week. The Dow fell 1.12% to…
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TSX ekes out slim gain, May 9-13
The ferocious wildfires in Alberta’s oil patch around Fort McMurray knocked an estimated 1 million barrels a day offline, prompting many economists to lower their 2016 gross domestic product growth…
The Northern Miner podcast – episode 12: Good times for gold
Lesley returns from Hawaii in time to talk about Goldcorp‘s (TSX: G; NYSE: GG) takeover of Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) and its Coffee project in the Yukon. Matt…
Facts ‘n’ Figures: Silver demand hit record 1.17B oz. in 2015, Silver Institute finds
The following is an edited summary from the Silver Institute, based on findings in its World Silver Survey 2016. For more information visit www.silverinstitute.org. The silver market saw record demand…
Enrollment opened under the Extractive Sector Transparency Measures Act
Natural Resources Canada (NRCAN) has opened the enrollment process for companies who meet the definition of a “reporting entity” under the Extractive Sector Transparency Measures Act (ESTMA). Reporting entities can…
Trevali lowers costs at Santander mine
Trevali Mining’s (TSX: TV; US-OTC: TREVF) Santander zinc-lead-silver mine in Peru keeps beating expectations, and the company says it’s one of the lowest-cost operating mines in the country’s Central Mineral Belt….
Goldcorp offers $520M for Kaminak
Goldcorp (TSX: G; NYSE: GG) has offered to buy Kaminak Gold (TSXV: KAM) in a $520-million, all-share deal to get its hands on the junior’s high-grade Coffee gold project in…
Erdene’s Bayan Khundii gold discovery in Mongolia
VANCOUVER — Erdene Resource Development’s (TSX: ERD; US-OTC: ERDCF) presence in Mongolia dates back to the late 1990s, and it has experienced the good and bad of the oft-volatile country. The…
TNM parent Glacier Media donates to Fort Mac
The JuneWarren-Nickle’s Energy Group (JWN) and its parent company Glacier Media (TSX: GVC) (also The Northern Miner‘s parent), are donating $50,000 toward Red Cross efforts in the wildfire-ravaged city of…
Veteran miner Kerry Knoll bets on moly renaissance
Since leaving his job as a journalist at The Northern Miner in 1987, Kerry Knoll has co-founded four companies and built four mines with his business partner Ian McDonald. Their…
Endeavour Silver to acquire Oro Silver Resources
Endeavour Silver’s (TSX: EDR; NYSE: EXK) search for development opportunities to shore up its portfolio of three producing silver mines in Mexico has resulted in an agreement to acquire Oro…
Falco outlines $905M gold mine in Horne PEA
VANCOUVER — Falco Resources (TSXV: FPC; US-OTC: FPRGF) hopes to have the historic Horne gold complex in Quebec back in production by 2020. On May 9, the company released a preliminary…