Top 10 US-based mining companies
The Northern Miner presents its top-10 list of the largest U.S.-headquartered mining companies. 1. SOUTHERN COPPER Market cap: US$35 billion Southern Copper (NYSE: SCCO), an 88%-owned subsidiary of the conglomerate…
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Osisko Mining to acquire Beaufield Resources
Osisko Mining (TSX:OSK) is stitching together a larger land package around its Windfall project in northern Quebec with its proposed $17.5 million all-share acquisition of Beaufield Resources (TSXV: BFD). Beaufield’s…
Sokoman Iron sparks gold fever in Newfoundland
VANCOUVER — Sokoman Iron (TSXV: SIC; US-OTC: GDNDF) has struck gold with the first hole in drilling at its Moosehead gold project in central Newfoundland, 20 km west of the…
Malian gov’t to double stake in B2Gold’s Fekola mine
B2Gold (TSX: BTO; NYSE-AM: BTG) is reporting the Malian government intends to buy an additional 10% stake in B2Gold’s Fekola gold mine in western Mali. Pursuant to Malian mining law,…
Top 10 US developers and explorers
The Northern Miner presents its top-10 list of the largest U.S. developers and explorers (with no production). 1. GOLD RESERVE Market cap: US$237 million Spokane-based Gold Reserve (TSXV: GRZ; US-OTC:…
Barrick and NovaGold’s Donlin project receives federal permits
The Donlin gold project — one of the largest and highest grade undeveloped open-pit gold endowments in the world — has received a record of decision and federal permits, its…
AngloGold terminates JV with Equinox
AngloGold Ashanti (NYSE: AU) has terminated the earn-in joint venture at Equinox Gold’s (TSXV: EQX; US-OTC: EQXGF) Aurizona gold mine project in northeastern Brazil. Equinox now has a 100% interest…
TSX Venture drops 1%, Aug. 6-10
The S&P/TSX Venture Composite Index fell 1% to end the trading week at 693.75. The index is now down 17% over the past six months. Shares of Aben Resources rose…
US markets slip, Aug. 6-10
The trading week began with U.S. President Donald Trump reimposing a number of sanctions on Iran — three months after he pulled the U.S. out of the Iran nuclear deal…
TSX moves lower, Aug. 6-10
U.S. President Donald Trump’s decision to double tariffs on Turkish steel and aluminum roiled markets and prompted a further sell-off of Turkey’s currency. The S&P/TSX Composite Index fell 0.57% to…
Top 10 Canada-based juniors with substantial assets in the US
Canadian junior companies have a large presence south of the border. The Northern Miner presents its top-10 list of the biggest Canada-based juniors with substantial assets in the U.S., by…
First Majestic reports Q2 loss
Shares of First Majestic Silver (TSX: FR; NYSE: AG) were down 15% to $7.21 on the Toronto Stock Exchange at midday, after the company released second-quarter results showing an adjusted…