SEC charges Rio Tinto with fraud
The U.S. Securities and Exchange Commission (SEC) has charged Rio Tinto (NYSE: RIO; LON: RIO) and two of its former executives with fraud for inflating the value of coal assets…
Africa
The Northern Miner podcast – episode 77: What’s up with the Witwatersrand?
This week we’ve got a geological bonanza, as Lesley chats with Hartwig Frimmel about the genesis of the Witwatersrand (Wits) gold deposit in South Africa. The geological anomaly has received…
Site visit: New Age Metals finds high grade
SUDBURY, ONTARIO – The optics are rarely very good when a major pulls out of a joint-venture project with a junior company. In the case of River Valley in northwestern…
B2Gold’s Fekola on brink of commercial production this year
B2Gold (TSX: BTO; NYSE: BTG) says it has started processing ore at its Fekola gold mine in southwestern Mali, and will reach commercial production before year-end. The mid-tier miner already…
Seven questions investors should ask about geophysical anomalies
VANCOUVER — Geophysical surveys are frequently used by the mining and exploration industry to detect potential mineral deposits hidden beneath the subsurface. However, the results of geophysical surveys can be…
Quebec’s Orbit Garant drills most since 2012
After a lengthy downturn across the industry, Orbit Garant Drilling (TSX: OGD) drilled more metres in fiscal 2017 than during any other year since the peak of the last cycle…
Kinross solidifies plans at Tasiast, Round Mountain
VANCOUVER — Canadian producer Kinross Gold (TSX: K; NYSE: KGC) has outlined a path forward for two gold operations that it hopes will grow the company over the next decade. On…
Teranga delivers Banfora feasibility
Teranga Gold (TSX: TGZ) has produced more than 1.2 million oz. gold from its Sabodala mine in Senegal since 2009, and expects its flagship operation will produce another 1 million…
US markets post marginal gains, Aug. 21-25
The Dow Jones Industrial Average advanced 0.64% to 21,813.67 and the S&P 500 Index rose 0.72% to 2,443.05. The Philadelphia Gold & Silver Index increased 2.29% to 85.82. Freeport-McMoRan was…
Nevsun halves Bisha mine life, revises Timok study plans
Newly appointed CEO Peter Kukielski hasn’t wasted time putting his imprint on Nevsun Resources (TSX: NSU; NYSE-MKT: NSU). The Stanford University-educated civil engineer, who joined the company in May, is…
Editorial: Terrorist attacks plague Burkina Faso
This week has been a particularly bloody one for sub-Saharan, West Africa mining nations, with major terrorist attacks on targets a day apart in Burkina Faso and Mali. In Burkina…
First Quantum defends copper hedging amid rising prices
VANCOUVER — First Quantum Minerals (TSX: FM; LON: FQM) met expectations during the second quarter by most production metrics, but a copper-hedging program from two years ago has held back its…