Trek sets stage for Aurizona restart in Brazil
VANCOUVER — Trek Mining (TSXV: TREK) is on track to revive its flagship Aurizona gold mine in northwestern Brazil. On July 31, the company unveiled a revised feasibility study of a…
News
Red Eagle grapples with ground conditions
VANCOUVER — Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t gone…
Fjordland, Commander search for next Voisey’s Bay
VANCOUVER — Fjordland Exploration (TSXV: FEX) is raising funds to fuel an exploration program with 85% joint-venture partner Commander Resources (TSXV: CMD) at the South Voisey’s Bay nickel-copper-cobalt project in northern Labrador….
East Coast Snapshot: Eight juniors on the hunt in Atlantic Canada
Although many of the mineral deposits in Atlantic Canada are on the smaller side, the region is nonetheless home to dozens of junior explorers and developers with active programs in…
The Northern Miner podcast – episode 69: Strategies for miners with extra cash & XRF tech
This week we’re digging deep into capital allocation courtesy of our all-star panel discussion from the Canadian Mining Symposium in London, U.K., in May. Discussion ranges from mergers and acquisitions…
Commentary: One theory on the root of Acacia’s troubles in Tanzania
Long-simmering resource nationalism in Tanzania heated up this March with a sudden export ban on ore concentrates by Tanzanian President John Magufuli, who said that “based on the information that…
Editorial: Barrick’s Acacia, Tanzanian gov’t stay on collision course
The months-long showdown between Barrick Gold’s 63.9%-owned subsidiary Acacia Mining and the Tanzanian government heated up in the last days of July, with Acacia reporting that one of its senior…
NexGen says Arrow ‘in a class of its own’
VANCOUVER — NexGen Energy (TSX: NXE; NYSE-MKT: NXE) has unveiled its first tentative mine plan for the Rook I uranium project along the southwestern edges of Saskatchewan’s Athabasca basin. The company’s…
US stocks on the rise, July 24-28
On the macroeconomic front, the U.S. dollar remained under pressure after U.S. Federal Reserve commentary on monetary policy, which indicted that inflation remains “below target.” The Fed suggested it would…
TSX falls, July 24-28
The S&P/TSX Composite Index lost 54.48 points to a 15,128.65-point close over the trading period. Shares of Detour Gold rose $1.79 to $15.80 on rising gold prices and strong second-quarter…
TSX Venture posts gains, July 24-28
The S&P/TSX Venture Composite Index gained 11.92 points to a 772.57-point close, as spot gold prices rose US$14.66 to US$1,269.64 per oz., while Comex copper prices surged US16¢ to US$2.88…
Shawn Ryan turns attention to Labrador gold
VANCOUVER — Prodigious Yukon prospector Shawn Ryan is on the move again, but this time his sights are on Labrador. In June, Ryan staked 1,696 sq. km of claims over…