Canada’s benchmark index slips, March 21-24
A terrorist attack at the airport and a subway station in Brussels that left 35 people dead just before the Easter holiday chilled global markets. The S&P/TSX Composite Index closed…
News
Red Cloud revitalizes mining investment
In early March, Red Cloud Klondike Strike unveiled a regulated investment platform for mining companies to raise financings by accessing a larger pool of investors. So far, the Red Cloud…
The Northern Miner podcast – episode 5: The long weekend edition
Lesley Stokes and Matt Keevil head into the long weekend with discussions on CanAlaska Uranium‘s (TSXV: CVV; US-OTC: CVVUF) recent moves in the Athabasca Basin, Metanor Resources (TSXV: MTO; US-OTC:…
Eldorado CEO sees more ‘constructive relationship’ in Greece
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) has been at loggerheads with the Greek government over permits, and the firm’s sociopolitical troubles in the country were a major contributor to a…
Lower taxes in Argentina help NGEx Resources
BUENOS AIRES, ARGENTINA — Argentina’s recent elimination of an export retention tax on copper concentrate exports improves the economics of NGEx Resources’ (TSX: NGQ; US-OTC: NGQRF) Constellation copper-gold-silver project, the company…
CEO interview: Rubicon’s Winship discusses Phoenix error
Michael Winship, a mining engineer, joined the board of Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) in 2011 and was appointed the company’s interim-president and CEO in October 2015. Rubicon started…
SGS Geostat team wins Integra’s Gold Rush Challenge
Using machine learning and traditional geological methods to make targets at Integra Gold’s (TSXV: ICG) Lamaque gold project, the Quebec-based team from SGS Geostat took home the top prize in…
IDM advances Red Mountain in BC
IDM Mining’s (TSX: IDM) Red Mountain gold project in northwestern B.C. is “one of the few near-term development stories in Canada,” Robert McLeod, president and CEO, said in a March…
Rubicon’s Phoenix unlikely to rise again
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) says there is “significant doubt” that it can continue as a going concern. The junior has breached a technical covenant on a US$50-million secured…
Editorial: Is ‘Peak Gold’ finally here?
As the year unfolds, there has naturally been much focus on the newly resurgent price of gold. But the underlying supply numbers are equally as enticing and suggest the long…
Zonte pursues fractional claims over Gramalote in Colombia
VANCOUVER — It’s been a couple of years since Zonte Metals (TSXV: ZON) first spotted — and applied for — fractional claims over joint-venture partners’ AngloGold Ashanti (NYSE: AU) and B2Gold’s…
NuLegacy acquires 100% of Iceberg beside Goldrush
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) has consolidated the Iceberg gold deposit in Nevada, with plans to keep drilling the asset ahead of calculating a maiden resource estimate. NuLegacy found the…