CITIC buys 19.9% of Ivanhoe
CITIC Metal, subsidiary of Chinese company CITIC, will acquire a 19.9% stake in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), making it the company’s largest single shareholder. The companies signed the…
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Roxgold hits Q1 record high for gold production at Yaramoko
Roxgold (TSX: ROXG; US-OTC: ROGFF) has hit a record high for first-quarter production at its Yaramoko underground gold mine in southwestern Burkina Faso, 200 km southwest from the capital city…
TSX Venture falls, June 11-15
The S&P/TSX Venture Composite Index ended the trading week down once again, falling 2.6% to 754.4. Shares of Cantex Mine Development rose 18¢ to 33¢. The company said it…
TSX inches higher while gold dips, June 11-15
Canada’s benchmark index rose 0.68% to 16,314.42 during a mixed week. The S&P/TSX Global Mining Index fell 1.9% to 75.17. The S&P/TSX Global Gold Index rose 1.3% to 191.66, while…
De Beers taps blockchain tech to bolster consumer confidence
De Beers says its new blockchain technology, Tracr, will transform the diamond industry when fully implemented. “We believe that the blockchain technology has the potential to be transformative for the…
Eira Thomas takes the reins at Lucara
Lightning has struck more than once so far in Eira Thomas’s career of more than 25 years. The geologist famously spotted a nearly 2-carat diamond in drill core — an…
South32 offers US$1.3B for Arizona Mining
After taking an initial 15% stake in junior zinc developer Arizona Mining (TSX: AZ) in April 2017 for US$81 million and boosting it to 17% over the next year for…
US markets little changed, June 11-15
The prospect of a wider trade war between China and the U.S. escalated during the trading week, as the Trump administration said it would impose a 25% tariff on up…
Resolute Mining to invest $21M in Orca Gold
African-focused gold miner Resolute Mining (US-OTC: RMGGF) is investing nearly $22 million in Orca Gold (TSXV: ORG: US-OTC: CANWF) in a two-tranche deal that Orca expects will close this July….
Diamonds an enduring passion for Gren Thomas
Even though prospecting for diamonds in Canada no longer elicits the electrifying buzz of the 1990s when juniors were uncovering the country’s first diamond mines, the rationale for exploration is…
Diamonds in Canada Editorial: The next diamond boom
We’ve timed the release of our June issue to coincide with Diamonds in Canada’s first-ever event. The inaugural Diamonds in Canada Symposium, hosted by The Northern Miner, will take place…
The Northern Miner Podcast – episode 109: Diamond outlook brightens ft Paul Zimnisky and SRK’s Hetman & Jakubec
Fresh from The Northern Miner‘s inaugural Diamonds in Canada Symposium in Toronto in mid-June, we present a featured talk by New York City-based analyst Paul Zimnisky on the encouraging supply…