From teen prospector to PDAC president
Glenn Mullan, president and CEO of Golden Valley Mines (TSXV: GZZ) and chairman of Abitibi Royalties (TSXV: RZZ), has spent the last 40 years working in the mining industry. He…
Africa
It’s cobalt’s time to shine, Macquarie says
Cobalt seems to be making a comeback.Current spot prices of US$17 per lb. are well above the US$10 per lb. mark of late 2015, and the metal’s steady march higher…
Commentary: Powering the Essakane gold mine
Iamgold (TSX: IMG; NYSE: IAG) operates in extremely remote regions of the world, and with mining a highly power-intensive business, energy is not something we take for granted. Our Essakane gold mine…
TNM Data Miner: Top-five gold drill intercepts worldwide in December
Making use of the IntelligenceMine database of our sister company Infomine, The Northern Miner has compiled five projects recording the top gold intersections (grade multiplied by width) globally in December…
Best gold stocks on TSX in 2016
While the gold price erased most of the headway it made in early 2016, it still exited the year up 8.5% at US$1,150.90 per oz., snapping three years of consecutive…
Editorial: Leadership crisis averted in DRC as Kabila to step down
We come out of the holiday period with good news out of the Democratic Republic of the Congo: the deep and increasingly violent divisions over the transfer of presidential power…
Friedland says new Kamoa-Kakula PEA ‘already obsolete’
VANCOUVER — Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) executive chairman Robert Friedland says a preliminary economic study (PEA) released on the company’s impressive Kamoa-Kakula copper discovery in the Democratic Republic of…
TSX retreats, Dec. 12–16
Canada’s largest stock market weakened, after the U.S. Federal Reserve raised its short-term interest rate by a quarter of a percentage point to between 0.5% and 0.75%. The spot gold…
Commentary: African expat salaries back on the rise after tepid 2016
Salaries for expatriates working in Africa are trending upwards after 85% of mining companies increased wages in 2017, according to research by our African-specialist human resources consultancy firm Globe 24-7….
Wall Street rises, Dec. 5–9
U.S. indexes finished strong, despite lower gold and oil prices. The Dow Jones Industrial Average gained 3% to close at 19,756.85. The S&P 500 Index also rose 3% to 2,259.53…
TNM Data Miner: Top 5 gold intercepts worldwide in November
Tapping into the IntelligenceMine database of our sister company Infomine, The Northern Miner has compiled the five projects recording the top gold intersections (grade multiplied by width) globally in or…
Sibanye to acquire Stillwater for US$2.2B
Sibanye Gold, the largest producer of gold from mines in South Africa and among the top-10 gold producers globally, will pay US$2.2 billion to acquire Stillwater Mining (NYSE: SWC), the…